EnergyEnvironment
Reuters was first to report[1] that India’s sugar output this crop year, hit by weak rains, is set to lag consumption for the first time in seven years, and lower plantings may even force the world’s No.2 producer to import in the
Deals
Reuters was first to report[1] that a little-known private equity firm is set to take on the toughest job in corporate Japan: turning around Toshiba. Japan Industrial Partners (JIP) is spearheading a $14 billion takeover that will see the troubled
EconomyGovernment
Reuters exclusively reports[1] that Chinese leaders agreed at an annual meeting on the economy this week to run a budget deficit of 3% of gross domestic product in 2024, while other fiscal support may be covered by off-budget debt.
Energy
Reuters exclusively reported[1] that BP’s (BP.L) board has short-listed interim CEO Murray Auchincloss and two senior female executives as internal candidates to replace Bernard Looney as chief executive. BP was thrown into turmoil after Looney resigned
Energy
Reuters reported[1] that QatarEnergy expects to agree new long-term liquefied natural gas supply deals in Asia and Europe, with several “imminent”.
Europe, in particular, needs vast amounts of the fuel to help replace the Russian
DealsEnergy
Reuters was first to report[1] that Six U.S. oil and gas bankers who missed out on a wave of mega deals in the oil patch after leaving mergers and acquisitions powerhouse Citigroup (C.N) last year to join smaller firm Guggenheim Securities are
Business & FinanceDeals
Reuters exclusively reported[1] that Abu Dhabi National Oil Co (ADNOC) is closing in on a deal with Austria’s OMV (OMVV.VI) to combine two entities in which the companies own stakes to create a chemicals giant, two people with