WASHINGTON (Reuters) – The United States said Wednesday it would send a new military aid package for Ukraine worth $300 million, including for the first time the Hydra-70 short-range. air-launched rocket, taken from U.S. excess stocks. The security assistance package would be the 37th approved by the United States for Ukraine since Russian invaded its…
By Pablo Mayo Cerqueiro and Andres Gonzalez LONDON (Reuters) – Private equity house EQT is weighing options including a possible initial public offering (IPO) for LimaCorporate, the Italian medical devices group it acquired in 2016, people familiar with the matter told Reuters on Wednesday. The buyout firm has been discreetly sounding out investment banks for…
(Reuters) – Here’s a look at what we know about the alleged overnight drone attack on the Kremlin, and the questions it raises. WHAT HAPPENED? Two of the numerous videos published on Russian social media channels show two objects flying on the same trajectory towards one of the highest points in the Kremlin complex, the…
WASHINGTON (Reuters) – Senate Majority Leader Chuck Schumer said senators will consider legislation to bolster the Biden administration’s ability to crackdown on popular video sharing app TikTok as they craft wide-ranging legislation to address Chinese threats. In March, Senators Mark Warner and John Thune joined by 24 other senators proposed the Restrict Act to grant…
COPENHAGEN (Reuters) – Danish brewer Carlsberg has reached a settlement with German authorities and agreed to pay a 50 million-euro ($55 million) fine over the alleged formation of a cartel more than a decade ago. It said it refuted the allegations but had settled in order to focus on its core business of brewing beer….
By Alexander Ratz, Sarah Marsh and Valerie Volcovici BERLIN (Reuters) – U.S. climate envoy John Kerry said on Wednesday China has invited him to visit “in the near term” for talks on averting a global climate change crisis even as diplomatic relations between the world’s two biggest greenhouse gas emitters remain tense. The United States…
ZURICH (Reuters) -UBS Chief Executive Sergio Ermotti said on Wednesday that the Swiss bank was working on closing its merger with Credit Suisse by the end of May or early June. Speaking at the Finanz ’23 conference in Zurich, Ermotti also repeated his bank’s line that all options were still on the table concerning Credit…
By Noele Illien ZURICH (Reuters) -UBS was considering the potential impact of buying struggling rival Credit Suisse as early as December, months before the takeover was hastily arranged by Swiss authorities in March, according to a regulatory filing. The filing with the U.S. Securities and Exchange Commission (SEC) also showed UBS concluded in February that…
(Reuters) – Britain’s competition watchdog said on Wednesday it was looking into Adobe Inc’s $20 billion buyout deal for cloud-based designer platform Figma to find if it could lead to “substantial lessening of competition” in the country. The move underlines regulators’ worries that large tech firms acquiring smaller innovative rivals could throttle competition. UK Competition…
ROME (Reuters) – Italy’s state-controlled defence and aerospace group Leonardo on Wednesday posted lower first-quarter profits and earnings, but reported a jump in orders and confirmed financial targets for 2023. Net profit stood at 40 million euros ($44.2 million) compared to 72 million euros 12 months earlier, while earnings before interest, taxes and amortisation (EBITA)…
