Reuters exclusively reported[1] that Zuora, which makes subscription management software for businesses, is exploring options that include a sale after receiving acquisition interest from potential suitors.
Vietnam mounts ‘unprecedented’ $24 billion rescue for bank engulfed in giant fraud
Reuters exclusively reported[1] that Vietnam has mounted an “unprecedented” rescue of Saigon Joint Stock Commercial Bank (SCB), a lender engulfed in the nation’s biggest financial fraud.
Market Impact
As of the start of April, theLockheed wins US missile defense contract worth $17 bln
Reuters exclusively reported[1] that Lockheed Martin has been awarded a $17 billion contract to develop the next generation of interceptors that would guard the United States against an intercontinental ballistic missile attack.
Market Impact
U.S.Russia and China trade new copper disguised as scrap to skirt taxes, sanctions
Reuters exclusively reported[1] that Russian copper producer RCC and Chinese firms have avoided taxes and skirted the impact of Western sanctions by trading in new copper wire rod disguised as scrap.
Market Impact
China hasOPEC woos Namibia as African nation prepares to produce from 2030
CommoditiesEnergy
Reuters exclusively reported[1] that the OPEC+ oil producers group, having lost Angola and other players in recent years, is eyeing Namibia for possible membership as it sets up what could be Africa’s fourth-largest output by the next
Russia-Ukraine Black Sea shipping deal was almost reached last month
CommoditiesDealsGovernment
Reuters exclusively reported[1] that Russia and Ukraine negotiated for two months with Turkey on a deal to ensure the safety of shipping in the Black Sea and reached an agreement on a text that was to be announced by Ankara but UAE's ADNOC recently eyed BP as takeover target
CommoditiesDealsEnergy
Reuters was first to report[1] that UAE state-owned energy giant ADNOC had weighed a bid for BP but decided against proceeding amid concerns about the strategic fit and political considerations. Shares of the 88 billion-pound British
Read more https://www.reutersagency.com/en/reutersbest/article/uaes-adnoc-recently-eyed-bp-as-takeover-target/