News
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Deals of the day-Mergers and acquisitions
Jan 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Wednesday: Marubeni unit Marubeni Consumer Platform US (MCPU) said it had acquired Britain-based Jacobson Group, a portfolio of footwear brands including Gola, Lotus, Ravel and F...Reuters
Wed, Jan 7
Zelenskiy's chief of staff hails 'concrete results' on second day of Paris talks
KYIV, Jan 7 (Reuters) - President Volodymyr Zelenskiy's top adviser hailed "concrete results" on Wednesday as talks in Paris on peace and security guarantees for Ukraine entered their second day, vowing Kyiv's national interests would be protected.Ukraine is seeking strong backing fr...Reuters
Wed, Jan 7
Israel raises $6 billion in first international bond offer since ceasefire
Israel sold 5, 10 and 30-year bondsDemand from 30 countries and reached $36 billionSpreads were 90 to 125 bps over Treasuries15% of Israel debt financing from foreign bond issuesBy Steven Scheer JERUSALEM, Jan 7 (Reuters) - Israel sold $6 billion of bonds in a three tranche international debt off...Reuters
Wed, Jan 7
BREAKINGVIEWS-Orsted’s US wind hit has further to play out
By Yawen Chen LONDON, Jan 7 (Reuters Breakingviews) - Orsted ORSTED.CO has been reminded again that offshore wind developers can do many things right but can still be undone by politics. U.S. President Donald Trump’s 90-day halt on new wind projects is the latest jolt for the $27 billion Danish p...Reuters
Wed, Jan 7
Olympics-Generational talent Odermatt bids to cement legacy with downhill gold
By Martyn HermanJan 7 (Reuters) - In a sport where races are decided by the tiniest of margins and injury is never more than a heartbeat away, domination is unusual -- which makes Swiss racer Marco Odermatt's reign as the king of men's Alpine skiing all the more remarkable.The 28-year-old wi...Reuters
Wed, Jan 7
China's top diplomat tours Africa with focus on strategic trade routes
By Joe Cash BEIJING, Jan 7 (Reuters) - China’s top diplomat began his annual New Year tour of Africa on Wednesday, focusing on strategic trade access across eastern and southern Africa as Beijing seeks to secure key shipping routes and resource supply lines. Foreign Minister Wang Yi will...Reuters
Wed, Jan 7
Marubeni acquires UK's Jacobson Group, owner of Gola footwear
LONDON, Jan 7 (Reuters) - Marubeni 8002.T unit Marubeni Consumer Platform US (MCPU) said on Wednesday it had acquired Britain-based Jacobson Group, a portfolio of footwear brands including Gola, Lotus, Ravel, and Frank Wright, along with licensed brands Dunlop and Lonsdale.Under the agreement, Jacob...Reuters
Wed, Jan 7
Zelenskiy's chief of staff points to 'concrete results' in Paris talks
KYIV, Jan 7 (Reuters) - Ukrainian President Volodymyr Zelenskiy's new chief of staff Kyrylo Budanov said there were already "concrete results" in talks about peace and post-war security guarantees between Ukraine and its allies in Paris, which continued into their second day on Wednesday...Reuters
Wed, Jan 7
BlueScope Steel rejects $9 billion takeover offer
By Scott Murdoch and Christine Chen SYDNEY, Jan 7 (Reuters) - BlueScope Steel BSL.AX is rejecting an $A$13.2 billion ($8.92 billion) buyout bid from SGH SGH.AX and U.S.-based Steel Dynamics STLD.O, the Australian steelmaker said on Wednesday, and accused the bidders of trying to buy it "on th...Reuters
Wed, Jan 7
Kenyan beer firm asks court to block Diageo's $2.3 bln sale of EABL to Asahi
NAIROBI, Jan 7 (Reuters) - A Kenyan beer distribution firm has lodged a suit at the High Court seeking to block Diageo's $2.3 billion sale of its Kenyan subsidiary EABL to Japan's Asahi Holdings 2502.T over pending litigation, a lawyer for the distribution firm said on Wednesday. Diageo did ...Reuters
Wed, Jan 7
Bluescope Steel Rejects Takeover Proposal Received From Consortium Comprising SGH, Steel Dynamics
Jan 7 (Reuters) - BlueScope Steel Ltd BSL.AX:BLUESCOPE REJECTS HIGHLY OPPORTUNISTIC TAKEOVER PROPOSALBOARD REJECTED PROPOSAL AS IT UNDERVALUED BLUESCOPEBOARD UNANIMOUSLY REJECTED TAKEOVER PROPOSAL ON BASIS THAT IT VERY SIGNIFICANTLY UNDERVALUED BLUESCOPEBOARD UNANIMOUSLY REJECTED TAKEOVER PROPOSAL O...Reuters
Wed, Jan 7
Weinstein's Saba Capital presses again for board shake-up at Edinburgh Worldwide
Jan 7 (Reuters) - Boaz Weinstein's Saba Capital, the top shareholder of Edinburgh Worldwide Investment Trust EWI.L, on Wednesday renewed its call for investors to elect a new, independent board after a "suspiciously timed" sell-down of the trust's SpaceX stake.U.S. activist investor ...Reuters
Wed, Jan 7
Tennis-Gauff leads US past Greece into United Cup semis
Jan 7 (Reuters) - The U.S. reached the semi-finals of the United Cup mixed team tournament after beating Greece 2-1 in Perth on Wednesday, as Coco Gauff defeated Maria Sakkari before returning to clinch victory for the defending champions in the doubles.Gauff, a two-times Grand Slam champion, beat S...Reuters
Wed, Jan 7
France: working with allies on plan should US make move on Greenland
PARIS, Jan 7 (Reuters) - France is working with partners on a plan over how to respond should the United States act on its threat to take over Greenland, Foreign Affairs Minister Jean-Noel Barrot said on Wednesday.Barrot said the subject would be raised at his meeting with the foreign ministers of G...Reuters
Wed, Jan 7
Basilea Pharmaceutica Announces Agreement With Prokaryotics
Jan 7 (Reuters) - Basilea Pharmaceutica AG Allschwil BSLN.S:BASILEA AND PROKARYOTICS ENTER COLLABORATION TO DEVELOP A NOVEL BROAD-SPECTRUM ANTIFUNGAL FOR THE TREATMENT OF SEVERE INVASIVE INFECTIONSTO MAKE UNDISCLOSED UPFRONT PAYMENT, ALONG WITH NEAR-TERM MILESTONE PAYMENTS TO PROKARYOTICSReuters
Wed, Jan 7
Predator Oil & Gas Says Trinidad Daily Production Rose Last Month
Jan 7 (Reuters) - Predator Oil & Gas Holdings PLC PRDP.L:PREDATOR OIL & GAS HOLDINGS PLC -TRINIDAD DAILY OIL PRODUCTION INCREASED BY 19% DURING LAST MONTHPREDATOR OIL & GAS HOLDINGS PLC: AHEAD OF OUR PRODUCTION TARGET FOR FEBRUARY 2026Reuters
Wed, Jan 7
