Shell advances to next round of bidding for Danish biogas maker Nature Energy -sources
LONDON, Oct 18 (Reuters) – Shell is among a number of companies joining a second bidding round to acquire Danish biogas producer Nature Energy, three sources familiar with the matter said, as energy firms race to boost low-carbon businesses. The sale is due to close by the end of this year and could value Nature Energy […]
UAE says OPEC+ output cut was correct decision, no politics behind it
The United Arab Emirates believes that OPEC+ made the correct technical choice when it agreed to cut production and the unanimous decision had nothing to do with politics, energy minister Suhail al-Mazrouei said on Tuesday.
Customer intimacy is key to eCom Learning Solutions’ success
eCom Learning Solutions – Scotland’s leading digital learning and assessment specialist – has nailed its colours firmly to the mast of promoting customer intimacy as it prioritises growth in these challenging economic times.
Exclusive: Toshiba’s preferred bidder offers price short of key 6,000 yen a share, sources say
The preferred bidder to buy out Toshiba Corp has offered to pay less than the widely regarded threshold of 6,000 yen a share, two sources said, indicating the premium for the Japanese conglomerate may not be as rich as investors had hoped.
UK mortgage market faces ‘significant stress’ – Morgan Stanley
Britain’s mortgage market faces significant stress as households struggle to meet the surging cost of home loans, investment bank Morgan Stanley said in a research note on Monday.
Kanye West to buy social media app Parler
American rapper Kanye West, who now goes by Ye, has proposed to buy Parler, the social media platform popular among U.S. conservatives, parent Parlement Technologies said on Monday.
Exclusive: China’s state banks seen acquiring dollars in swaps market to stabilise yuan
China’s state banks stepped up their intervention to defend a weakening yuan on Monday, with banking sources telling Reuters these banks sold a high volume of U.S. dollars and used a combination of swaps and spot trades.
Goldman plans major overhaul to combine key units – source
Goldman Sachs is planning a major reorganization to combine its biggest businesses into three divisions with its storied investment banking and trading businesses being merged into a single unit, a source familiar with the matter told Reuters.
EXCLUSIVE ECB staff sees lower rate peak than market, sources say
European Central Bank staff see the need for fewer rate hikes than markets now estimate to tame inflation, according to a new internal model that could serve as a key input in future deliberations, four sources close to the discussion said.
India pushes oil refiners to diversify after surprise OPEC+ cuts
India said it will speed up its diversification of oil imports to hedge against any surprise output cuts by the Organization of the Petroleum Exporting Countries and its allies.
