
Italy’s Enel to sell assets and focus on six main markets
Enel plans asset sales worth 21 billion euros ($21.5 billion) to reduce net debt and focus its transition to cleaner energy on six core countries, the Italian utility said on Tuesday.

Enel plans asset sales worth 21 billion euros ($21.5 billion) to reduce net debt and focus its transition to cleaner energy on six core countries, the Italian utility said on Tuesday.

Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma’s Ant Group, said six sources with direct knowledge of the matter, setting the stage for ending the fintech company’s two-year long regulatory overhaul.

The U.S. dollar was firmly higher against major currencies on Monday, as rising COVID-19 cases in China led to new restrictions there and weighed on global investor sentiment.

Temasek Holdings is exploring selling Advanced MedTech, multiple sources told Reuters on Monday, after the medical devices firm, fully-owned by the Singaporean state investor, received interest from suitors including buyout funds.

Saudi Arabia’s sovereign wealth fund and BlackRock have signed an agreement to jointly explore infrastructure projects in the Middle East, focused on Saudi Arabia.

The U.S. dollar steadied on Monday amid fading expectations of a less aggressive Federal Reserve interest rate hike after Governor Christopher Waller said the central bank was not softening its fight against inflation.

Goldman Sachs Group Inc promoted 80 bankers as partners of the storied Wall Street firm, up from 60 people in 2020, the company said in a statement on Wednesday.

WeWork Inc said on Thursday it will exit about 40 locations across the United States and forecast current-quarter revenue below estimates as the flexible workspace provider faces high expenses and a strong U.S. dollar.

Shares dipped slightly and the dollar firmed on Thursday, ahead of U.S. inflation data that will influence the Federal Reserve’s rate plans, while the likely collapse of a major digital asset exchange rattled crypto investors.

Two shareholders that together own more than 5% of France’s Orpea (ORP.PA) have called for a shareholder meeting at the beleaguered care homes group as they try to rally opposition to its planned debt restructuring plan.

Enel plans asset sales worth 21 billion euros ($21.5 billion) to reduce net debt and focus its transition to cleaner energy on six core countries, the Italian utility said on Tuesday.

Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma’s Ant Group, said six sources with direct knowledge of the matter, setting the stage for ending the fintech company’s two-year long regulatory overhaul.

The U.S. dollar was firmly higher against major currencies on Monday, as rising COVID-19 cases in China led to new restrictions there and weighed on global investor sentiment.

Temasek Holdings is exploring selling Advanced MedTech, multiple sources told Reuters on Monday, after the medical devices firm, fully-owned by the Singaporean state investor, received interest from suitors including buyout funds.

Saudi Arabia’s sovereign wealth fund and BlackRock have signed an agreement to jointly explore infrastructure projects in the Middle East, focused on Saudi Arabia.

The U.S. dollar steadied on Monday amid fading expectations of a less aggressive Federal Reserve interest rate hike after Governor Christopher Waller said the central bank was not softening its fight against inflation.

Goldman Sachs Group Inc promoted 80 bankers as partners of the storied Wall Street firm, up from 60 people in 2020, the company said in a statement on Wednesday.

WeWork Inc said on Thursday it will exit about 40 locations across the United States and forecast current-quarter revenue below estimates as the flexible workspace provider faces high expenses and a strong U.S. dollar.

Shares dipped slightly and the dollar firmed on Thursday, ahead of U.S. inflation data that will influence the Federal Reserve’s rate plans, while the likely collapse of a major digital asset exchange rattled crypto investors.

Two shareholders that together own more than 5% of France’s Orpea (ORP.PA) have called for a shareholder meeting at the beleaguered care homes group as they try to rally opposition to its planned debt restructuring plan.
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