PE firm KKR acquires $373 million portfolio of Synovus Bank’s prime auto loans
(Reuters) – Private equity giant KKR said on Tuesday it had acquired a $373 million portfolio of prime auto loans…
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Fortum fights to sell seized Russian assets and get compensation
By Anne Kauranen HELSINKI (Reuters) – Finnish utility Fortum still hopes to sell its Russian assets and get compensation for…
Explainer-Western Australia ditches Aboriginal heritage protection act
By Melanie Burton MELBOURNE (Reuters) – Western Australia state has scrapped new Aboriginal heritage protection laws after just five weeks…
Biden’s carbon proposal is unworkable, US power sector warns
By Nichola Groom and Valerie Volcovici (Reuters) -U.S. power plant owners warned the Biden administration on Tuesday that its sweeping…
Flutter’s US bet drives first half profit 76% higher
By Padraic Halpin DUBLIN (Reuters) -Flutter’s first half core earnings jumped 76% as its fast growing U.S. Fanduel brand turned…
Amazon nations fail to agree on deforestation goal at summit
By Jake Spring BELEM, Brazil (Reuters) -Eight Amazon nations agreed to a list of unified environmental policies and measures to…
Analysis-Bond traders prepare to brave ‘painful’ yield curve bets as rate hikes slow
By Harry Robertson LONDON (Reuters) – Bond traders are eyeing a return to a type of trade that left them…
Cathay Pacific posts best H1 profit since 2010, to repay govt aid package
By Clare Jim and Jessie Pang HONG KONG (Reuters) -Cathay Pacific Airways reported on Wednesday its best first-half profit in…
Thai central bank to cut growth outlook, may hold or hike rates at next review – governor
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s central bank might hold or raise its key interest rate at…
Adani Enterprises weighs exiting $6 billion Wilmar venture – Bloomberg News
(Reuters) -India’s Adani Enterprises is exploring selling its stake in its consumer-staple joint venture with Wilmar International, Bloomberg News reported…