Author Archives: Syndicated Content
Big European countries likely to gain the most from EU chip push
By Supantha Mukherjee and Foo Yun Chee STOCKHOLM/BRUSSELS (Reuters) - The European Commission's plan to make the continent more lucrative for investing in semiconductor factories will likely skew the ...
Feb 08, 2022
Cerberus seeking to sell more Deutsche Bank shares - bookrunner
FRANKFURT (Reuters) -U.S. investor Cerberus is further selling down its stake in Deutsche Bank, according to term sheet from the bookrunner on Tuesday. Cerberus, which currently holds 1.99% of Germany...
Feb 08, 2022
Turkey logs 111,096 COVID cases, 231 deaths in 24 hours, ministry says
ANKARA (Reuters) - Turkey has recorded 111,096 new COVID-19 infections in the space of 24 hours, just below the record daily high from the previous week, as well as its highest daily death toll in mon...
Feb 08, 2022
U.S. arrests couple for allegedly laundering $4.5 billion in crypto tied to Bitfinex hack
By Sarah N. Lynch and Raphael Satter WASHINGTON (Reuters) - The FBI arrested a husband and wife on Tuesday morning, alleging they conspired to launder cryptocurrency stolen from the 2016 hack of virtu...
Feb 08, 2022
Indigo's Franke bets on winning cost formula for Frontier-Spirit airline
By Chibuike Oguh and Tim Hepher (Reuters) - Veteran budget airline investor Bill Franke has pledged to avoid what he once called the "path to hell" after masterminding a $2.9 billion merger of discoun...
Feb 08, 2022
Okyanus and Income International propose plastic alternatives plant in Egypt
CAIRO (Reuters) - Okyanus Group, a U.S. company specialising in environmental safety, and Income International for Petroleum and Industrial Services have offered Egypt a proposal to build an eco-frien...
Feb 08, 2022
Deutsche Bank CEO says the ECB will have to raise rates to stem inflation
FRANKFURT (Reuters) - Deutsche Bank Chief Executive Officer Christian Sewing on Tuesday said that the European Central Bank will need to raise interest rates to stem inflation expectations. Sewing, wh...
Feb 08, 2022
Olympics-Speed skating-American Dawson makes Olympic debut with jet-lag and borrowed blades
By Sakura Murakami BEIJING (Reuters) - When American speed skater Casey Dawson lined up for his 1,500 metres race at the Beijing Olympics on Tuesday, he was jet-lagged and wearing someone else's blade...
Feb 08, 2022
GIP eyes raising $25 billion for infrastructure fund - Bloomberg News
(Reuters) - Global Infrastructure Partners (GIP) is in discussions to raise $25 billion for a new flagship fund, Bloomberg News reported on Tuesday, citing people familiar with the matter. The firm is...
Feb 08, 2022
Italy aims to raise attendance limits at stadiums from March 1 - ministers
ROME (Reuters) - Italy aims to steadily increase the attendance limits at sports stadiums from March 1 in response to an improving coronavirus situation, its ministers for health and sports said on Tu...
Feb 08, 2022
