By Elvira Pollina and Akriti Sharma MILAN (Reuters) -U.S. fund KKR strengthened its lead in the race to secure the landline grid of Telecom Italia (TIM) when it offered to raise its bid by up to or over 2 billion euros ($2.2 billion), two people with knowledge of the matter said. The value of KKR’s …
KKR strengthens lead in Telecom Italia race by raising its bid Read More »
By Aditya Kalra and Shubhendu Deshmukh NEW DELHI (Reuters) -India’s financial crime agency on Friday said notices had been issued to Xiaomi, Deutsche Bank, HSBC and Citigroup over alleged illegal remittances made by the Chinese smartphone giant to foreign entities. An appellate authority at the Enforcement Directorate (ED) issued the so-called show cause notices under …
India agency sends notices to Deutsche, HSBC, Citi in Xiaomi royalty case Read More »
By Jeff Mason and Steve Holland WASHINGTON (Reuters) -The White House said on Friday that Russia appeared to be deepening its defense cooperation with Iran and had received hundreds of one-way attack drones that it is using to strike Ukraine. Citing newly declassified information, the White House said the drones, or Uncrewed Aerial Vehicles (UAVs), …
Russia has received hundreds of Iranian drones to attack Ukraine, says White House Read More »
By Sofia Christensen DAKAR (Reuters) – A KFC restaurant ransacked. Public transport torched. Glass-paneled stations for a multi-million dollar electric bus link shattered. A water plant vandalised. Senegal is taking stock of the damage after the jail sentencing of prominent opposition figure Ousmane Sonko sparked the worst civil unrest in decades that threatens to dent …
From restaurants to water towers, unrest dents Senegal’s economy Read More »
By Antony Paone and Geert De Clercq ANNECY, France (Reuters) -Two toddlers gravely wounded by a knifeman in the French mountain town of Annecy were in a stable condition on Friday and doctors are optimistic for their recovery, President Emmanuel Macron said. Well-wishers laid flowers on Friday at the playground where the suspect, said by …
Toddlers stable after Annecy attack, Macron hails emergency responders Read More »
By Sruthi Shankar, Shristi Achar A and David Carnevali (Reuters) – The S&P 500 closed higher on Friday but off session highs, as a Tesla rally failed to galvanize the broader market on the eve of the Federal Reserve’s policy meeting and inflation data next week. Tesla Inc shares climbed 4.06%, clinching their longest winning …
By Luc Cohen (Reuters) -Aileen Cannon, the Florida judge initially assigned to oversee Donald Trump’s classified documents case, made headlines last year when she decided in favor of the former U.S. president at a pivotal stage of the case and was later reversed on appeal. A member of the conservative Federalist Society, Cannon had relatively …
Trump-appointed judge in documents case had key decision reversed Read More »
By Karen Freifeld (Reuters) -The U.S. on Friday banned imports from China-based printer maker Ninestar Corp and a Chinese chemical company over alleged human rights abuses. Ninestar, whose website says it is the world’s fourth-largest laser printer manufacturer, and Xingjang Zhongtai Chemical, are being kept out of the U.S. supply chain for participating in business …
US bans imports from China-based Ninestar over Uyghurs Read More »
By Nathan Layne (Reuters) -Donald Trump’s main rivals for the 2024 Republican presidential nomination condemned the Justice Department for its move to charge him over his handling of classified documents, underscoring their fear of upsetting his core supporters. The indictment of a former president on federal charges is unprecedented in U.S. history, a case made …
2024 Republican hopefuls rebuke Justice Department, not Trump after indictment Read More »
By David Shepardson and Lisa Baertlein (Reuters) -The largest U.S. business group on Friday urged President Joe Biden him to intervene immediately and appoint an independent mediator to address a protracted West Coast ports labor dispute. West Coast ports stretching from California to Washington state are critical to U.S. supply chains and the nation’s economy. …
Business group urges Biden to intervene in West Coast ports labor dispute Read More »
