Reuters exclusively reported that Fiserv and Amadeus IT Group are competing to acquire Shift4 Payments, a payments processor that has a market value of nearly $7 billion. 

The post Fiserv, Amadeus vie to acquire Shift4 Payments appeared first on Reuters News Agency.

Reuters exclusively reported that the European Central Bank will continue putting a “floor” under market interest rates in the years to come, but banks will play a greater role in deciding how much liquidity they want. 

The post ECB to keep floor under market rates but with eye on demand  appeared first on Reuters News Agency.

Reuters exclusively reported that Switzerland’s competition commission favours a deeper investigation into UBS dominance of certain parts of the market after it rescued Credit Suisse last year. 

The post UBS market dominance draws warning from competition watchdog appeared first on Reuters News Agency.

Reuters exclusively reported that Swiss miner and commodities trader Glencore is looking at buying Shell’s oil refinery and petrochemical units in Singapore as the oil major seeks a buyer for the sites after earlier suitors dropped out. 

The post Glencore eyes Shell Singapore assets as CNOOC pulls out appeared first on Reuters News Agency.

Reuters exclusively reported that U.S. drugmaker Eli Lilly LLY.N expects to launch Mounjaro, its blockbuster diabetes drug and wildly popular obesity treatment, in India as early as next year after it clears an ongoing regulatory review. 

The post Eli Lilly could launch obesity drug in India next year appeared first on Reuters News Agency.

Reuters exclusively reported that the International Monetary Fund has resolved key issues with Egyptian authorities in a review of its $3 billion loan program and should finalize an augmented financing package within weeks. 

The post IMF’s Georgieva sees completion of Egypt loan reviews in ‘weeks’ appeared first on Reuters News Agency.

Reuters exclusively reported that Alphabet’s Google Cloud ramped up its criticism of Microsoft’s cloud computing practices, saying its rival is seeking a monopoly that would harm the development of emerging technologies such as generative artificial intelligence. 

The post Google steps up Microsoft criticism, warns of rival’s monopoly in cloud  appeared first on Reuters News Agency.

Reuters exclusively reported that chipmaker Broadcom was nearing a $3.8 billion deal to sell its business that allows users to access desktops and applications from any device to private equity firm KKR.  

The post Broadcom nears $3.8 bln sale of remote access unit to KKR  appeared first on Reuters News Agency.

Reuters was first to report that the United States would impose sanctions on over 500 targets in action marking the second anniversary of Russia’s invasion of Ukraine. 

The post US to target Russia with more sanctions  appeared first on Reuters News Agency.

Reuters was first to report that India’s western state of Maharashtra will inspect outlets of global fast-food brands to check if they use cheese alternatives in products wrongly promoted as containing real cheese, widening scrutiny beyond a crackdown on McDonald’s. 

The post Indian state to inspect outlets of global fast-food chains after McDonald’s cheese crackdown appeared first on Reuters News Agency.

Reuters exclusively reported that Star Macquarie banker Nicholas O’Kane, whose resignation from the firm was announced this week less than a year after he received one of the largest pay cheques in banking, has been in talks to join Swiss commodities trading house Mercuria. 

The post Australia’s highest paid banker in talks to join trader Mercuria appeared first on Reuters News Agency.

Reuters exclusively reported that India will invite private firms to invest about $26 billion in its nuclear energy sector to increase the amount of electricity from sources that don’t produce carbon dioxide emissions. 

The post India seeks $26 bln of private nuclear power investments, sources say  appeared first on Reuters News Agency.

Reuters exclusively reported that Occidental Petroleum is exploring a sale of Western Midstream Partners, a U.S. natural gas-focused pipeline operator that has a market value of more than $18 billion, including debt. 

The post Occidental explores $18 bln-plus sale of Western Midstream, sources say appeared first on Reuters News Agency.

Reuters exclusively reported that President Joe Biden’s administration is poised to announce an adjustment to its scientific modeling for ethanol that will show the corn-based fuel to be less effective at reducing greenhouse gas emissions than previously estimated. 

The post White House set to back tougher climate model for ethanol, sources say appeared first on Reuters News Agency.

Reuters was first to report on chipmaker Nvidia’s first-quarter revenue forecast that beat expectations and sent the AI chip bellwether’s shares soaring to a record high. 

The post Nvidia stock surges as revenue forecast tops estimates, AI demand continues appeared first on Reuters News Agency.

Reuters exclusively reported that the European Commission has opened formal proceedings against ByteDance’s TikTok under the Digital Services Act (DSA) to see if the social media platform is doing enough to protect children. 

The post EU opens formal proceedings against TikTok under Digital Services Act appeared first on Reuters News Agency.

Reuters exclusively reported that China’s Xiaomi has told the Indian government that its heavy scrutiny of Chinese companies has made smartphone component suppliers wary about setting up operations in India. 

The post Xiaomi says India’s scrutiny of Chinese firms unnerves suppliers   appeared first on Reuters News Agency.

Reuters exclusively reported that Japan’s Kyushu Electric Power will wait until after the United States resumes issuing export licenses for new liquefied natural gas (LNG) projects before deciding on whether to invest in the Lake Charles project. 

The post Japan’s Kyushu Electric to wait for US LNG policy clarity on Lake Charles appeared first on Reuters News Agency.

Reuters exclusively reported that Nest, a 36 billion pound ($45 billion) UK workplace pension fund, expects to ramp up private assets holdings to as much as 30% of its portfolio, in one of the most significant moves into alternative investments by a large UK retirement scheme.

The post Top UK pension fund Nest expects to lift private assets to 30% of holdings appeared first on Reuters News Agency.