JPMorgan CEO Jamie Dimon to visit Africa in growth push
US opposition to Nippon Steel deal 'very unsettling', Japan PM hopeful says
Business & FinanceEconomy
Reuters exclusively reported[1] that one of the frontrunners to become Japan’s next premier said that any U.S. move to block Japan’s Nippon Steel from buying U.S. Steel on national security grounds would be “very US warned Nippon Steel its U.S. Steel bid risks harming American industry
Business & FinanceGovernment
Reuters exclusively reported[1] that the Biden administration told Nippon Steel its $14.9 billion acquisition of U.S. Steel would pose a national security risk by harming the American steel industry, adding to evidence the U.S. Ryanair raises summer fare outlook as 'ugly scenario' avoided
Business & Finance
Reuters was first to report[1] that Ryanair CEO Micheal O’leary no longer sees a risk of double-digit percentage falls in fares as the European short-haul weakness had “levelled out”.
Market Impact
The news caused Ryanair shares toIndia flags cricket rights concerns with Disney-Reliance $8.5 bln merger
Deals
Reutersexclusively reported[1] that India’s antitrust body has reached an initial assessment that the $8.5 billion India merger of Reliance and Walt Disney media assets harms competition due to their power over cricket broadcast rights. It is the Custody giant State Street expands crypto services in new partnership
Business & Finance
Reuters was first to report[1] on State Street’s partnership with Swiss crypto company Taurus to offer new digital asset services, including turning real-world assets into tradeable tokens, to tap growing institutional demand for such
Japan, Tokyo governments target $4.7 bln valuation for Tokyo Metro in IPO
Business & FinanceEconomy
Reuters exclusively reported[1] that Japan’s national and Tokyo governments are seeking a 700 billion yen ($4.7 billion) valuation for Tokyo Metro as they prepare to list the subway operator as early as October-end, in what