Financial

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

Reuters exclusively reported ^[1] that JPMorgan Chase CEO Jamie Dimon plans to travel to Africa in mid-October in a push by the biggest U.S. lender to expand on the continent. Dimon is expected to visit Kenya, Nigeria, South Africa and Ivory Coast during

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 to

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

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African countries eye world’s first joint 'debt-for-nature' swap

Intel says it has no plans to divest majority stake in Mobileye

JPMorgan CEO Jamie Dimon to visit Africa in growth push

US opposition to Nippon Steel deal 'very unsettling', Japan PM hopeful says

US warned Nippon Steel its U.S. Steel bid risks harming American industry

Ryanair raises summer fare outlook as 'ugly scenario' avoided

Market Impact

India flags cricket rights concerns with Disney-Reliance $8.5 bln merger

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