(Reuters) – Carlyle Group has hired Harvey Schwartz as its next chief executive officer, a person familiar with the matter told Reuters on Sunday. (Reporting by Chibuike Oguh and Lavanya Ahire in Bengaluru; editing by Diane Craft)
(Reuters) – Australia’s No. 1 gold miner Newcrest Mining Ltd on Monday said it received a non-binding all-stock takeover offer implying an equity value of $16.93 billion from U.S.-based gold miner Newmont Corporation. Under the indicative offer, Newcrest shareholders will receive 0.380 Newmont shares per every Newcrest share. “The Newcrest board, together with its financial…
LONDON (Reuters) – Renault’s board voted in favour on Sunday to reshape the French carmaker’s alliance with its Japanese partner Nissan, a source said. The agreement, which will retool the two-decade-old alliance, still needs backing from Nissan’s board before it is formally unveiled on Monday in London. (Reporting by Gilles Guillaume, editing by Leigh Thomas…
TOKYO (Reuters) -Japan’s government has sounded out Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya to succeed incumbent Haruhiko Kuroda as central bank governor, the Nikkei newspaper reported early on Monday, citing anonymous government and ruling party sources. The next BOJ chief will be tasked with putting the central bank on a path of normalising…
By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK (Reuters) -U.S. stock bulls are taking heart from a range of market signals pointing to an upbeat year for Wall Street, as equities sit on impressive gains despite worries that the Federal Reserve’s monetary policy tightening may plunge the economy into a recession. Among these are…
TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker and major iPhone assembler for Apple Inc, said on Sunday its revenue in January jumped 48.2% year-on-year, as it shook off COVID disruptions in China. Revenue in January reached a record high, at T$660.4 billion ($22 billion), with operations returning to normal and shipments increasing…
TOKYO (Reuters) – Japanese Deputy Chief Cabinet Secretary Seiji Kihara on Sunday stressed the need to achieve an economy where inflation rises stably and sustainably, when asked whether the next central bank governor should maintain ultra-easy monetary policy. “What’s important is to create economic conditions where prices rise stably and sustainably,” Kihara told a television…
(Reuters) – SpaceX may attempt a Starship rocket system launch in March, its billionaire chief Elon Musk said in a tweet on Saturday. “If remaining tests go well, we will attempt a Starship launch next month,” Musk said, in a response to a user’s tweet about Starship. Musk had in January said that there was…
FRANKFURT (Reuters) – Lufthansa and Air France-KLM are circling collapsed UK regional airline Flybe to try to obtain its take-off and landing slots at London’s Heathrow Airport, Britain’s Telegraph newspaper reported on Saturday. Lufthansa and Air France-KLM declined to comment. The Telegraph said the two airlines were in talks with the administrators of Flybe, which…
PARIS (Reuters) – France and Germany’s economy ministers will tell senior U.S. officials not to try to actively poach green investments from Europe when they visit Washington next week to raise concerns about U.S. green tech subsidies, two French officials said. France’s Bruno Le Maire and Germany’s Robert Habeck are due to press concerns in…
