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May 24, 2022

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Exclusive: Petrobras warned of diesel shortages before CEO ouster

Reuters
May 24 (Reuters) – Brazil’s Petrobras alerted the government last week that diesel pumps could run dry this year if the oil company does not sell fuels at market prices, according to four people close to discussions and an internal presentation seen by Reuters. Just days later, President Jair Bolsonaro......

EXCLUSIVE Sri Lanka picks Lazard, Clifford Chance as advisers for landmark debt restructuring -sources

Reuters
The logo and trading information for Lazard Ltd appear on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register COLOMBO/LONDON, May 23 (Reuters) – Sri Lanka has hired heavyweight......

EXCLUSIVE General Atlantic plans $2 billion investment in India, Southeast Asia

Reuters
The logo of the upcoming World Economic Forum 2022 (WEF) is pictured on a window at the congress center, in the Alpine resort of Davos, Switzerland May 21, 2022. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Reuters.com Register DAVOS, Switzerland, May 22 (Reuters) – Global private equity......

Exclusive: India considering spending additional $26 billion to fight inflation

Reuters
Customers buy vegetables at a market in Ahmedabad, India, September 29, 2015. REUTERS/Amit Dave/File Photo Register now for FREE unlimited access to Reuters.com Register NEW DELHI, May 22 (Reuters) – The Indian government is considering spending an additional 2 trillion rupees ($26 billion) in the 2022/23 fiscal year to cushion......

Biden says first shipments of baby formula flying in from Europe this weekend

Reuters
May 20 (Reuters) – The first shipments of infant formula from Europe to address a critical shortage in the United States should begin arriving this weekend, President Joe Biden said on Friday amid criticism of his administration’s handling of the issue. Biden said on Twitter the initial military cargo plane......

EXCLUSIVE U.S. aims to arm Ukraine with advanced anti-ship missiles to fight Russian blockade

Reuters
The U.S. Navy Arleigh-Burke-class guided missile destroyer USS Curtis Wilbur launches a Harpoon surface-to-surface missile during Pacific Vanguard (PACVAN) quadrilateral exercises between Australia, Japan, Republic of Korea, and U.S. Naval forces in the Philippine Sea May 26, 2019. Picture taken May 26, 2019. U.S. Navy/Mass Communications Specialist 1st Class Toni......

Biden administration authorizes $100 million more in Ukraine military aid

Reuters
U.S. President Joe Biden looks on after delivering remarks in the Rose Garden of the White House in Washington, U.S., May 19, 2022. REUTERS/Evelyn Hockstein Register now for FREE unlimited access to Reuters.com Register WASHINGTON, May 19 (Reuters) – President Joe Biden’s administration authorized $100 million of additional military aid......

EXCLUSIVE Japan Inc turns against central bank’s monetary stimulus, Reuters survey shows

Reuters
A businessman walks near the Bank of Japan headquarters in Tokyo, Japan, Feb. 15, 2016. REUTERS/Thomas Peter Register now for FREE unlimited access to Reuters.com Register More than 60% of firms want end to big monetary easing by March About a quarter keen for an immediate end to big monetary......

Exclusive: China in talks with automakers on EV subsidy extension

Reuters
SHANGHAI, May 18 (Reuters) – China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022, aiming to keep a key market growing as the broader economy slows, three people familiar with the matter said. The move by policymakers comes......

EXCLUSIVE About 300,000 tonnes of wheat bought by Egypt stranded in Ukraine -trade

Reuters
Ears of wheat are seen in a field near the village of Zhovtneve, Ukraine, July 14, 2016. REUTERS/Valentyn Ogirenko/ Register now for FREE unlimited access to Reuters.com Register CAIRO, May 17 (Reuters) – About 300,000 tonnes of Ukrainian wheat booked by Egypt’s state grains buyer for delivery in February and......

Exclusive: Maker of Walmart, Amazon store-brand baby formulas sees shortages through rest of 2022

Reuters
NEW YORK, May 13 (Reuters) – Perrigo Company PLC (PRGO.N), which makes store-brand baby formulas for retailers, including Walmart Inc (WMT.N) and Amazon.com Inc (AMZN.O), expects shortages and heightened demand to last for the “balance of the year,” Chief Executive Murray Kessler told Reuters in an interview. The Biden administration......

EXCLUSIVE Facebook-owner Meta tells hardware staffers to prepare for cutbacks

Reuters
Small figurines are seen in front of displayed Meta logo in this illustration taken February 11, 2022. REUTERS/Dado Ruvic/Ilustration Register now for FREE unlimited access to Reuters.com Register May 11 (Reuters) – Facebook-owner Meta Platforms Inc (FB.O) is preparing cutbacks in its Reality Labs division, a unit at the center......

Exclusive: Tesla halts most production at Shanghai plant on Tuesday – memo

Reuters
Tesla China-made Model 3 vehicles are seen during a delivery event at the carmaker’s factory in Shanghai, China January 7, 2020. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register Plant to produce less than 200 cars on Tuesday – memo Plant halted work due to supplies issues......

Exclusive: Ukraine war spurs U.S. to ramp up security probe of software maker Kaspersky

Reuters
WASHINGTON, May 9 (Reuters) – The Biden administration ramped up a national security probe into Russia’s AO Kaspersky Lab antivirus software earlier this year amid heightened fears of Russian cyberattacks after Moscow invaded Ukraine, three people familiar with the matter told Reuters. The case was referred to the Commerce Department......

Exclusive: Los Angeles Dodgers in talks to play in Paris in 2025

Reuters
May 7, 2022; Chicago, Illinois, USA; Los Angeles Dodgers second baseman Gavin Lux (9) tags out Chicago Cubs right fielder Seiya Suzuki (27) during the first inning at Wrigley Field. Mandatory Credit: David Banks-USA TODAY Sports Register now for FREE unlimited access to Reuters.com Register PARIS/LOS ANGELES, May 7 (Reuters)......

U.S., Chinese regulators in talks for audit deal -sources

Reuters
Chinese and U.S. flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.com Register HONG KONG, May 6 (Reuters) – U.S. and Chinese regulatory officials are in talks to settle a long-running dispute over the......

EXCLUSIVE Recruitment software maker iCIMS raises funding from TA Associates after pulling IPO

Reuters
May 5 (Reuters) – Recruitment software company iCIMS has raised fresh capital from U.S. private equity firm TA Associates after scrapping plans to go public, its chief executive told Reuters on Thursday. Already backed by private equity firm Vista Equity Partners, iCIMS did not disclose how much it raised from......

EXCLUSIVE CIA chief told Bolsonaro government not to mess with Brazil election, sources say

Reuters
RIO DE JANEIRO/WASHINGTON, May 5 (Reuters) – The U.S. Central Intelligence Agency (CIA) director last year told senior Brazilian officials that President Jair Bolsonaro should stop casting doubt on his country’s voting system ahead of the October election, sources told Reuters. The previously unreported comments by CIA Director William Burns......

EXCLUSIVE Germany’s SAP hires adviser for $1 bln Litmos software sale -sources

Reuters
The logo of SAP is seen on their offices in Reston, Virginia, U.S., May 12, 2021. Picture taken May 12, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register LONDON, May 3 (Reuters) – German software firm SAP (SAPG.DE) is working with investment bank Moelis & Co......

Exclusive: Citi behind trade that caused brief European share plunge -sources

Reuters
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 29, 2022. REUTERS/Staff/File Photo Register now for FREE unlimited access to Reuters.com Register COPENHAGEN, May 2 (Reuters) – The sudden fall in European shares driven by a brief crash in Nordic markets was......

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