By Aida Pelaez-Fernandez MEXICO CITY (Reuters) – Latin America is increasingly seen as an attractive market for mergers and acquisitions (M&A), with the ongoing U.S.-China trade spat helping to whet investor appetite for opportunities in the region, a KPMG survey of executives showed on Monday. The survey of nearly 400 executives across 14 countries globally…
By Sarah Marsh, Supantha Mukherjee and Andreas Rinke BERLIN/STOCKHOLM (Reuters) – The European Union is set to urge Germany to do more to reduce its use of Huawei gear in its 5G network when Brussels publishes a progress report in coming days, ahead of talks between Berlin and Beijing, two sources familiar with the matter…
NEW YORK (Reuters) – HSBC Holding plc is seeking to become a leading bank for venture capital firms and startups globally after building a large team of technology and healthcare bankers in the United States, Hong Kong and Israel, a senior executive said. The bank is already doing venture-type lending to startup companies in India…
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares rose on Tuesday, after mild U.S. inflation data cemented bets the Federal Reserve could skip raising interest rates at its meeting this week, while miners rallied as metal prices jumped after China cut rates. The pan-European STOXX 600 index closed 0.6% higher, tracking the global…
(Reuters) -Shares of Manchester United jumped 13% to hit a two-month high on Tuesday after a report hinted that Qatar’s Sheikh Jassim bin Hamad al-Thani was likely to succeed with his takeover bid for the English football club. Qatar’s Al-Watan newspaper reported on Tuesday that Sheikh Jassim, son of a former prime minister of the…
(Reuters) – U.S. Bancorp’s Andy Cecere forecast a “moderate” recession that would be short and “not very deep in terms of severity,” CEO of the lender said at a conference on Tuesday. He also said one more interest rate hike was expected from the Federal Reserve in the summer. The Fed has been pushing up…
By Nandita Bose and Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden will travel to California next week to raise campaign cash from tech and climate donors as he races to raise over a billion dollars for his re-election fight, according to two sources with knowledge of the matter. Biden, who is almost certain…
By Jan Strupczewski BRUSSELS (Reuters) – Not much progress is expected on the reform of European Union debt rules at EU finance ministers’ talks on Friday, officials said, as Germany and France remain at odds over whether there should be a minimum annual debt reduction obligatory for all. EU finance ministers will meet in Luxembourg…
NEW DELHI (Reuters) – The United States is set to remove obstacles that prevent smoother trade with India in critical areas such as defence and high technology, U.S. National Security Advisor Jake Sullivan said on Tuesday. Washington sees New Delhi as a vital partner in its efforts to push back against China’s expanding influence worldwide,…
By Noel Randewich and Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla has tapped the brakes on aggressive job advertising in recent weeks since CEO Elon Musk directed executives to obtain his sign off on all new hires, a Reuters analysis shows. The small dip in ads on its website demonstrates the electric car maker’s efforts…
