Business & FinanceDeals
Saudi Arabia’s Manara Minerals is closing in on a deal to buy a minority stake in Canadian miner First Quantum Minerals’ Zambian copper and nickel assets. Manara, a joint venture between Saudi Arabian mining company Ma’aden CVS explores options including potential break-up
Business & FinanceHealth
Reuters exclusively reported[1] that CVS Health is exploring options that could include a break-up of the company to separate its retail and insurance units, as the struggling healthcare services company looks to turn around its
African countries eye world’s first joint 'debt-for-nature' swap
EconomyEnvironment
Reuters exclusively reported[1] that at least five African countries are working on what could be the world’s first joint “debt-for-nature” swap to raise at least $2 billion to protect a coral-rich swathe of Indian Ocean. Debt-for-nature
Intel says it has no plans to divest majority stake in Mobileye
Business & FinanceDealsTechnology
Reuters was first to report[1] on Intel’s decision not to divest its majority stake in Mobileye, boosting the Israeli company’s shares by over 16%. Mobileye shares, which have dropped 73% this year, took a beating 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.