Tuesday, 2 Jul 2024

Analysis & Comment

Read the latest Analysis & Comment News from around the UK. Get all the headlines, pictures, video and analysis on the stories that matter to you…

Your Tuesday Briefing

China’s economy, Belarus opposition, Jamal Khashoggi: Here’s what you need to know. By Melina Delkic Good morning. We’re covering China’s new strategy for economic growth, India’s surging cases and the science that brought back ancient dates in Israel. China looks ahead to a more hostile world China’s leader, Xi Jinping, has used recent trips to […]

More bank mergers loom as Bankia, Caixabank eye big savings

MADRID (Reuters) – Caixabank and Bankia are set to agree a merger to create Spain’s biggest domestic lender in the coming days, two sources told Reuters, in a deal expected to lead to hundreds of branch closures and kick off a new wave of industry consolidation. Banks across Europe are struggling to cope with record […]

Louis Dreyfus in talks to sell stake to Abu Dhabi's sovereign wealth fund: BBG

(Reuters) – Commodity trader Louis Dreyfus Corp is in talks to sell a stake to Abu Dhabi sovereign wealth fund ADQ, Bloomberg News reported on Friday, citing people familiar with the matter. For the privately held company, which has been facing a challenging business environment, bringing external investors would be a first in its 169-year-old […]

Your Friday Briefing

Aleksei Navalny, Kenosha, France’s economy: Here’s what you need to know. By Natasha Frost Good morning. We’re covering Joe Biden’s visit to Kenosha, Wis., Russia’s alternative scenarios in Aleksei Navalny’s poisoning and France’s plan to resurrect its economy. Russia’s alternative theories on Navalny’s poisoning After Germany’s revelation that the Russian opposition leader Aleksei Navalny was […]

Belarus Protests, Aleksei Navalny, BBC: Your Thursday Briefing

Here’s what you need to know. By Natasha Frost (Want to get this briefing by email? Here’s the sign-up.) Good morning. We’re covering the first days of the Charlie Hebdo massacre trial, the results of Aleksei Navalny’s toxicology tests and a small but symbolic change for Afghan national identification cards. Germany calls for answers on […]

Your Thursday Briefing

Australia’s recession, Russian disinformation, Belarus protests: Here’s what you need to know. By Melina Delkic Good morning. We’re covering a historic contraction in Australia’s economy, why some Kashmiri moderates feel betrayed and new evidence of Russian meddling in the U.S. presidential election. Australia’s first recession in almost 30 years After nearly three decades of growth, […]

Brazil logistics company Hidrovias could raise up to $876 million in IPO

SAO PAULO (Reuters) – Brazilian logistics company Hidrovias do Brasil SA plans to raise up to 4.7 billion reais ($876.05 million) in an initial public offering, according to a securities filing on Wednesday. The company set a price range between 7.56 reais and 8.88 reais per share. The final price will be set on Sept. […]

Singapore's GIC, Brookfield Infrastructure buy Indian telecom towers for $3.4 billion

(Reuters) – GIC, Singapore’s sovereign wealth fund, said on Tuesday it and a group of investors, including Brookfield Infrastructure Partners LP (BIP.N), bought an Indian telecom tower company from a unit of Reliance Industries (RELI.NS) for $3.4 billion. The investment by the group is for around 135,000 communication towers used by Reliance’s telecoms venture Jio […]

General-Atlantic backed Wish confidentially files to go public

(Reuters) – General Atlantic-backed e-commerce firm Wish said on Monday it has confidentially submitted paperwork with the U.S. Securities and Exchange Commission to go public. The San Francisco-based bargain shopping app, which was last valued at $11.2 billion, did not specify whether it would choose to go public through a traditional initial public offering or […]

Veolia aims to buy Suez stake as prelude to planned takeover

PARIS (Reuters) – French water and waste firm Veolia is offering to buy a 29.9% stake in its smaller peer Suez from French gas and power utility Engie for 2.9 billion euros, saying it aims to create a “world champion of ecological transformation”. If the offer is accepted by Engie, Veolia will formally bid for […]