News
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BlueScope Steel investors seek price bump for $9 billion buyout offer
By Scott Murdoch and Christine Chen SYDNEY, Jan 7 (Reuters) - BlueScope Steel BSL.AX investors said they are hoping a A$13.2 billion ($8.92 billion) buyout bid for the company from SGH SGH.AX and U.S.-based Steel Dynamics STLD.O will be raised to win their backing to sell Australia's largest ...Reuters
Wed, Jan 7
Israel sells $6 billion in bond offering, demand hits $36 billion
JERUSALEM, Jan 7 (Reuters) - Israel sold $6 billion of bonds in a three tranche international debt offering, with demand reaching $36 billion, the Finance Ministry said on Wednesday.In Tuesday's offering of 5-, 10- and 30-year bonds, spreads were between 90 and 125 basis points over comparable U...Reuters
Wed, Jan 7
Indra Wins $342 Mln Contract To Replace U.S. FAA's Radar System
Jan 7 (Reuters) - Indra Sistemas SA IDR.MC:SAID ON TUESDAY, IT WON $342 MLN CONTRACT TO REPLACE U.S. FEDERAL AVIATION ADMINISTRATION (FAA)'S AIR TRAFFIC SURVEILLANCE RADARSRADARS SYSTEMS TO BE PRODUCED AT INDRA GROUP'S NEW FACILITY IN KANSAS CITY Further company coverage: [IDR.MC]Reuters
Wed, Jan 7
China reviews Meta's purchase of AI startup Manus, FT reports
Chinese officials are reviewing Meta's META.O $2 billion acquisition of artificial intelligence startup Manus for possible technology control violations, the Financial Times reported on Tuesday, citing two people familiar with the matter.Reuters
Wed, Jan 7
China bans two Taiwan ministers for alleged 'independence activities', angering Taipei
Taiwan protests after China bans ministers, calls action 'intimidation'China now lists 14 Taiwanese as alleged 'secessionists'Beijing's ban comes a week after it staged massive war games around the island BEIJING/TAIPEI, Jan 7 (Reuters) - Beijing banned two Taiwanese minis...Reuters
Wed, Jan 7
PRESS DIGEST -Wall Street Journal - January 7
Jan 7 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Elon Musk's artificial intelligence company xAI completed a $20 billion Series E funding round, surpassing its $15 billion target.- Eli L...Reuters
Wed, Jan 7
South Korea's Lee says he asked Xi to play a mediating role on North Korea
By Joyce LeeSEOUL, Jan 7 (Reuters) - South Korean President Lee Jae Myung said on Wednesday that much progress had been made in restoring trust with Beijing, and that he had asked Chinese President Xi Jinping to play a role in mediating Seoul's efforts to engage North Korea.Lee, who held talks w...Reuters
Wed, Jan 7
Japan's super-long bonds fall ahead of 30-year debt auction
By Junko FujitaJan 7 (Reuters) - Japan's super-long-dated government bonds fell on Wednesday, steepening the yield curve across maturities, as investors sold those bonds ahead of a 30-year bond auction in the next session.The 30-year JGB yield JP30YTN=JBTC rose to a record high of 3.515% earlier...Reuters
Wed, Jan 7
Chevron, Quantum Energy Partners line up bid for $22 billion of Lukoil assets, FT reports
Jan 7 (Reuters) - Chevron CVX.N and private equity group Quantum Energy Partners are teaming up on a bid to buy the international assets of sanctioned Russian oil company Lukoil LKOH.MM which are valued at $22 billion, the Financial Times reported on Wednesday.Reuters could not immediately verify th...Reuters
Wed, Jan 7
Chevron And Quantum Energy Partners Line Up Bid For $22 Billion Of Lukoil Assets - FT
Jan 7 (Reuters) - CHEVRON AND QUANTUM ENERGY PARTNERS LINE UP BID FOR $22BN OF LUKOIL ASSETS - FTCHEVRON, QUANTUM ENERGY PARTNERS TEAMING UP ON A BID TO BUY INTERNATIONAL ASSETS OF SANCTIONED RUSSIAN OIL COMPANY LUKOIL - FTSource text: https://tinyurl.com/4vfpycx6Reuters
Wed, Jan 7
South Korea's Lee says ties with Japan as important as relations with China
SEOUL, Jan 7 (Reuters) - South Korean President Lee Jae Myung said on Wednesday much progress was accomplished in restoring trust with China and that ties with Japan were equally as important as Seoul's relations with Beijing.Lee, who held talks with Chinese President Xi Jinping this week, said ...Reuters
Wed, Jan 7
Soccer-Fletcher sought Ferguson’s blessing before taking interim Man United role
Jan 7 (Reuters) - Darren Fletcher said he had reached out to former Manchester United manager Alex Ferguson to seek his blessing before taking on the interim role at the club following Ruben Amorim's sacking on Monday.Fletcher, 41, will take charge of Wednesday's Premier League trip to Burnl...Reuters
Wed, Jan 7
Praxis Precision Medicines Prices Public Offering Of 2.2 Mln Shares At $260 Per Share
Jan 6 (Reuters) - Praxis Precision Medicines Inc PRAX.O:PRAXIS PRECISION MEDICINES, INC. ANNOUNCES PRICING OF $575 MILLION PUBLIC OFFERINGPRAXIS PRECISION MEDICINES INC - PRICES PUBLIC OFFERING OF 2,212,000 SHARES AT $260 PER SHAREReuters
Wed, Jan 7
Taiwan says China's war games sought to undermine global support for the island
Taiwan report says China's war games sought to counter international support the island, divert from economic issuesChina uses information warfare, cyberattacks to undermine Taiwan's security, morale, report says China says drills sought to defend territorial integrity By Yimou Lee TAIPEI...Reuters
Wed, Jan 7
Magnitude 6.7 earthquake strikes near Baculin, Philippines, USGS says
MANILA, Jan 7 (Reuters) - A 6.7 magnitude earthquake struck off the Philippines' southern islands on Wednesday, the U.S. Geological Survey (USGS) said, and there were no immediate reports of damage or injuries. USGS said the quake struck at a depth of 10 km (6 miles) around 68 km (42 miles) east...Reuters
Wed, Jan 7
Trump freezes over $10 billion in childcare, family assistance funds to 5 US states
US health department freezes funds for New York, California, Colorado, Illinois and MinnesotaFreeze will remain in place pending review, health department saysGovernors of New York and Illinois call the action 'cruel'By Kanishka Singh WASHINGTON, Jan 6 (Reuters) - U.S. President Donald Tr...Reuters
Wed, Jan 7
PRESS DIGEST-British Business - January 7
Jan 7 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The TimesRank Group RNK.L, the operator of Mecca Bingo and Grosvenor Casinos, has begun a search for a new chief ex...Reuters
Wed, Jan 7
