Business & Finance
Reuters exclusively reported[1] that a group of lenders to China’s Country Garden has hired Allen & Overy and Deloitte as advisers as creditors to the embattled developer gear up for possible debt restructuring talks.
Business & FinanceEnergy
Reuters exclusively reported[1] that Singapore’s Temasek Holdings has shortlisted energy giants Shell and Saudi Aramco among a handful of companies to purchase most of the assets of liquefied natural gas (LNG) trading firm Pavilion
Deals
Reuters exclusively reported[1] that Fiserv and Amadeus IT Group are competing to acquire Shift4 Payments, a payments processor that has a market value of nearly $7 billion.
Shares of Shift4 jumped as much as 13% on the news.
Article
Read more https://www.reutersagency.com/en/reutersbest/article/fiserv-amadeus-vie-to-acquire-shift4-payments/
Economy
Reuters exclusively reported[1] that the European Central Bank will continue putting a “floor” under market interest rates in the years to come, but banks will play a greater role in deciding how much liquidity they want.
The ECB
Business & Finance
Reuters exclusively reported[1] that Switzerland’s competition commission favours a deeper investigation into UBS dominance of certain parts of the market after it rescued Credit Suisse last year.
The competition authority,
Energy
Reuters exclusively reported[1] that Swiss miner and commodities trader Glencore is looking at buying Shell’s oil refinery and petrochemical units in Singapore as the oil major seeks a buyer for the sites after earlier suitors dropped out.
Health
Reuters exclusively reported[1] that U.S. drugmaker Eli Lilly LLY.N[2] expects to launch Mounjaro, its blockbuster diabetes drug and wildly popular obesity treatment, in India as early as next year after it clears an ongoing regulatory review.