Uncategorized – Page 3 – Prologue Journal

Marathon Partners pushes Dr. Martens for strategic review, possible sale

Reuters Reuters exclusively reported that investment firm Marathon Partners Equity Management wants British boot maker Dr. Martens to hire bankers and begin an immediate strategic review that could lead to a sale of the company. The post Marathon Partners pushes Dr. Martens for strategic review, possible sale appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/marathon-partners-pushes-dr-martens-for-strategic-review-possible-sale/

Russia’s Arctic LNG 2 suspends gas liquefaction amid sanctions, lack of tankers

Reuters Reuters exclusively reported that Novatek, Russia’s largest producer of liquefied natural gas (LNG), has suspended production at its Arctic LNG 2 project due to sanctions and a shortage of gas tankers. The post Russia’s Arctic LNG 2 suspends gas liquefaction amid sanctions, lack of tankers appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/russias-arctic-lng-2-suspends-gas-liquefaction-amid-sanctions-lack-of-tankers/

ECB to keep floor under market rates but with eye on demand

Reuters Reuters exclusively reported that the European Central Bank will continue putting a “floor” under market interest rates in the years to come, but banks will play a greater role in deciding how much liquidity they want. The post ECB to keep floor under market rates but with eye on demand appeared first on Reuters…

UBS market dominance draws warning from competition watchdog

Reuters Reuters exclusively reported that Switzerland’s competition commission favours a deeper investigation into UBS dominance of certain parts of the market after it rescued Credit Suisse last year. The post UBS market dominance draws warning from competition watchdog appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/ubs-market-dominance-draws-warning-from-competition-watchdog/

US to target Russia with more sanctions

Reuters Reuters was first to report that the United States would impose sanctions on over 500 targets in action marking the second anniversary of Russia’s invasion of Ukraine. The post US to target Russia with more sanctions appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/us-to-target-russia-with-more-sanctions/

Top UK pension fund Nest expects to lift private assets to 30% of holdings

Reuters Reuters exclusively reported that Nest, a 36 billion pound ($45 billion) UK workplace pension fund, expects to ramp up private assets holdings to as much as 30% of its portfolio, in one of the most significant moves into alternative investments by a large UK retirement scheme. The post Top UK pension fund Nest expects to…

EU opens formal proceedings against TikTok under Digital Services Act

Reuters Reuters exclusively reported that the European Commission has opened formal proceedings against ByteDance’s TikTok under the Digital Services Act (DSA) to see if the social media platform is doing enough to protect children. The post EU opens formal proceedings against TikTok under Digital Services Act appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/eu-opens-formal-proceedings-against-tiktok-under-digital-services-act/

Turkish-Russian trade hit by fresh US sanctions threat

Reuters Reuters exclusively reported that a U.S. threat to hit financial firms doing business with Russia with sanctions has chilled Turkish-Russian trade, disrupting or slowing some payments for both imported oil and Turkish exports. The post Turkish-Russian trade hit by fresh US sanctions threat appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/turkish-russian-trade-hit-by-fresh-us-sanctions-threat/

Airbus CEO tells staff Space losses ‘not acceptable’

Reuters Reuters exclusively reported that the head of Europe’s Airbus has told staff that recent unexpected charges in its Space business are “not acceptable”, in a candid assessment of a business facing what he described as an internal crisis. The post Airbus CEO tells staff Space losses ‘not acceptable’ appeared first on Reuters News Agency.…

Putin’s suggestion of Ukraine ceasefire rejected by United States, sources say

Reuters Reuters exclusively reported that Russian President Vladimir Putin’s suggestion of a ceasefire in Ukraine to freeze the war was rejected by the United States after contacts between intermediaries, according to three Russian sources with knowledge of the discussions. The post Putin’s suggestion of Ukraine ceasefire rejected by United States, sources say appeared first on…