Category: Companies

Source: Reuters (via feed) Barclays is reducing its asset-based lending to smaller borrowers. This follows losses related to the collapse of Market Financial Solutions Ltd and Tricolor Holdings. Bloomberg News reported this on Wednesday. The…

Source: Reuters (via feed) The Pentagon said on Wednesday it had reached framework agreements with BAE, Lockheed, and Honeywell. These agreements aim to boost production of defense systems and munitions. The effort is part of…

Source: Reuters (via feed) A special committee of Commerzbank's supervisory board met 11 times in 2025. The meetings focused on the situation around Italy's UniCredit. UniCredit is Commerzbank's largest shareholder. Last week, UniCredit made a…

Source: Reuters (via feed) Epic Games said on Tuesday that it would lay off more than 1,000 employees. The company is cutting costs after a sharp fall in usage of its flagship game, Fortnite. BizTrendWire…

Source: Reuters (via feed) U.S. bank JPMorganChase announced on Tuesday a funding programme of 2.8 million euros. The programme aims to help finance small businesses in France. The amount is equivalent to about 3.3 million…

Source: Reuters (via feed) India's private sector expanded at its weakest pace in over three years in March. Price shocks from the U.S.-Israeli war on Iran dampened domestic demand, a survey showed on Tuesday. The…

Source: Reuters (via feed) Citi announced on Tuesday the appointment of Eric Farina and Rob Cascarino as co-heads of its Infrastructure Financing & Capital Solutions Group (IFCS). The two executives will share leadership of the…

Source: Reuters (via feed) Some of the world's top oil executives and energy ministers gathered in Houston on Monday. They expressed growing concern over the long-term effects of the U.S.-Israel war with Iran on the…

Source: Reuters (via feed) Microsoft (MSFT)-backed OpenAI is offering private equity firms a better deal than rival Anthropic. Both AI firms are courting private equity to establish joint business ventures. The details of these offers…

Source: Reuters (via feed) Thomson Reuters has recurring revenue, high switching costs, and embedded client workflows. These factors support defensible long-term growth and stability. The article title refers to Thomson Reuters as having a mispriced…

Source: Reuters (via feed) Indian low-cost carrier IndiGo appointed former Air India Express CEO Aloke Singh as its chief strategy officer. The appointment is effective April 6. The announcement was made on Monday. BizTrendWire Insight:…

Source: Reuters (via feed) Victory Capital responded on Monday to criticism from Nelson Peltz's Trian concerning its $8.6 billion proposal for asset manager Janus Henderson. The firm accused Trian of making "efforts to blanket market…

Source: Reuters (via feed) Indian sugar mills have locked in export shipments totaling 100,000 metric tons in one week. This information was confirmed by five dealers speaking to Reuters. The increase in export deals came…

Source: Reuters (via feed) SLMG Beverages, Coca-Cola's largest bottler in India, could raise some prices. This could happen if rising packaging costs linked to the war in the Middle East are difficult to absorb. A…

Source: Reuters (via feed) India's Kotak Mahindra Bank is set to acquire Deutsche Bank's India retail business. The deal is estimated to be worth about 45 billion rupees ($480.3 million). This information was reported by…

Source: Reuters (via feed) Saudi Aramco CEO Nasser will not attend the upcoming major international energy conference. He has been CEO of Saudi Aramco for more than a decade. Nasser is usually one of the…

Source: Reuters (via feed) Commerzbank's CEO Bettina Orlopp told employees on Friday that discussions with Italy's UniCredit only made sense once UniCredit provided key points it had in mind for a deal. This was stated…

Source: Reuters (via feed) India's state-run Hindustan Petroleum has purchased 2 million barrels of Angolan oil via a tender, according to three trade sources. The purchase reflects reduced availability of costly Middle Eastern crude. This…

Source: Reuters (via feed) UBS Asset Management Europe (AME), a Luxembourg-based unit of Swiss bank UBS, has informed unions in Italy of planned job cuts. The company wrote a letter to initiate negotiations over nine…

Source: Reuters (via feed) UBS said on Friday that it has secured a banking license in the United States. The Swiss bank's announcement mentioned its desire to ramp up wealth management in the U.S. The…

Source: Reuters (via feed) India's Zetwerk plans to confidentially file draft papers for an initial public offering within the next one to two weeks. The company aims to raise about $500 million to $550 million…

Source: Reuters (via feed) U.S. packaging company Silgan Holdings has signalled interest in taking over German medical packaging maker Gerresheimer. This information comes from two sources familiar with the matter. The sources did not provide…

Source: Reuters (via feed) Tesla is preparing to enter India’s industrial energy storage market, according to a job ad on its website. The move places the company in competition with firms controlled by Mukesh Ambani…

Source: Reuters (via feed) The French Navy seized the tanker Deyna on Friday in the Mediterranean. The vessel is identified as part of the Russian shadow fleet. French President Emmanuel Macron announced the seizure on…

Source: Reuters (via feed) An airlines group representing IndiGo, Air India, and SpiceJet has warned the Indian government of route withdrawals. The group said delayed fleet and network expansions could occur if fare caps imposed…