Category: Uncategorized
Insurers raise premiums for Black Sea tankers as tensions mount
Reuters Reuters exclusively reported that insurance companies have notified charterers of ships operating in Russia’s Black Sea ports of an increase in additional payments known as “war risk premiums.” The post Insurers raise premiums for Black Sea tankers as tensions mount appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/insurers-raise-premiums-for-black-sea-tankers-as-tensions-mount/
Read MoreH&M says it will “phase out” sourcing from Myanmar
Reuters Reuters exclusively reported that the world’s second-biggest fashion retailer H&M (HMb.ST) has decided to gradually stop sourcing from Myanmar, as reports of labor abuses in garment factories in the country increase. The post H&M says it will “phase out” sourcing from Myanmar appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/hm-says-it-will-phase-out-sourcing-from-myanmar/
Read MoreSilver Lake to explore sale of tax-free shopping firm Global Blue
Reuters Reuters exclusively reported that equity firm Silver Lake is preparing to explore a sale of Global Blue Group Holdings Ltd (GB.N), a company that enables retailers to offer tax-free shopping, after receiving expressions of interest from potential acquirers. The post Silver Lake to explore sale of tax-free shopping firm Global Blue appeared first on…
Read MoreSantander plans to hire about 150 bankers to grow investment banking
Reuters Reuters exclusively reported that Spain’s Santander (SAN.MC) is planning to hire around 150 bankers primarily in the United States as part of its plans to accelerate growth in its investment banking business. The post Santander plans to hire about 150 bankers to grow investment banking appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/santander-plans-to-hire-about-150-bankers-to-grow-investment-banking/
Read MoreCyanide maker Draslovka screens banks for IPO
Reuters Reuters exclusively revealed that Draslovka, the world’s largest producer of sodium cyanide, has been sounding out banks to manage a possible stock market listing as early as next year. The post Cyanide maker Draslovka screens banks for IPO appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/cyanide-maker-draslovka-screens-banks-for-ipo/
Read MoreCzech central bank’s Frait expects rate cut debate this autumn
Reuters Reuters exclusively reported that the Czech central bank will begin debating lowering interest rates as soon as this autumn as it expects inflation to drop sharply particularly at the beginning of next year. The post Czech central bank’s Frait expects rate cut debate this autumn appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/czech-central-banks-frait-expects-rate-cut-debate-this-autumn/
Read MoreEU regulators rebuff Meta’s offer to curb use of ad data
Reuters Reuters exclusively reported that Meta Platforms (META.O) offered to curb the use of competitors’ advertising data for its Facebook Marketplace online classified service in an attempt to settle an EU antitrust investigation but regulators gave it the cold shoulder. The post EU regulators rebuff Meta’s offer to curb use of ad data appeared first…
Read MoreRomanian port can ship more Ukraine grain after collapse of Black Sea deal
Reuters Reuters exclusively reported that Romania’s Constanta port, Ukraine’s main alternative route for grain since Russia’s withdrawal led to the collapse of the Black Sea shipment deal, has capacity to handle extra cargoes until mid-August. The post Romanian port can ship more Ukraine grain after collapse of Black Sea deal appeared first on Reuters News…
Read MoreKey bidders in Ascential break-up quit auction
Reuters Reuters exclusively reports key bidders for the auction of Ascential’s consumer data unit drop out. Reuters was first to reveal that the main bidders for the consumer data arm of UK media group Ascential (ASCL.L) walked away from the auction, casting doubt over attempts to break up the 1-billion-pound ($1.29 billion) group. The news…
Read MoreThyssenkrupp to win EU nod for $2.3 bln German steel subsidies
Reuters Reuters exclusively reported that the European Commission would approve 2 billion euros in state aid for Thyssenkrupp’s plan to build a green steel plant at its headquarters in Duesseldorf. Sources told Reuters two days in advance that a decision in favor of the grant could come as soon as July 20, the day the…
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