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”.
India 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 Workers at BHP's Escondida copper mine will strike after failing to reach agreement
Commodities
Reuters was first to report[1] that workers at BHP’s Escondida copper mine in Chile, the world’s largest, would go on strike after failing to reach an agreement with the company. The stoppage has potential to have a lasting impact, Ackman's Pershing Square takes new stakes in Nike, Brookfield
Business & Finance
Reuters was first to report[1] that billionaire investor William Ackman built new stakes in sportswear company Nike during the second quarter. A regulatory filing reviewed by Reuters showed that Ackman’s hedge fund Pershing Square China tells some brokerages to conduct compliance checks on bond trading
Business & Finance
Reuters exclusively reported[1] that China’s securities regulator has ordered some brokerages to inspect their bond trading activities as authorities seek to rein in frenzied buying of Chinese government bonds. The brokerages, all of