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Exclusive: Russia expects to recover far less from "bad bank" assets - sources

Russia will dramatically cut its estimate of the sum it expects to recover from a "bad bank" set up after the collapse of three major lenders, according to three sources familiar with new calculations being prepared for the central bank......»»

Category: topSource: reutersFeb 12th, 2019

Exclusive: Energy trader Gunvor mulls asset sales after first annual loss

Energy trader Gunvor Group is considering selling non-core assets in Russia and finding a strategic partner for its German refinery as it tries to recover from the first-ever annual loss it suffered in 2018, trading and banking sources said. .....»»

Category: topSource: reutersFeb 26th, 2019

Exclusive: China Development Bank supervising HNA asset sales - sources

China Development Bank (CDB) is leading a team to supervise HNA Group's asset disposals as the heavily indebted conglomerate scales back operations to a point that will leave it holding only core assets, people familiar with the situation said......»»

Category: topSource: reutersDec 14th, 2018

Exclusive: Brazil telecom Oi hires BofA Merrill Lynch to sell some assets: sources

Brazilian telecoms carrier Oi SA has hired Bank of America Merrill Lynch to sell noncore assets such as cellphone towers and data centers, two people with knowledge of the matter said on Thursday......»»

Category: topSource: reutersJan 10th, 2019

Exclusive: Venezuela shifts oil ventures" accounts to Russian bank - document, sources

Venezuela's state-run oil company PDVSA is telling customers of its oil joint ventures to deposit sales proceeds at an account it recently opened at Russia's Gazprombank AO, according to sources and an internal document seen by Reuters on Saturday......»»

Category: topSource: reutersFeb 9th, 2019

Exclusive: Western intelligence hacked "Russia"s Google" Yandex to spy on accounts - sources

Hackers working for Western intelligence agencies broke into Russian internet search company Yandex in late 2018 deploying a rare type of malware in an attempt to spy on user accounts, four people with knowledge of the matter told Reuters......»»

Category: topSource: reutersJun 27th, 2019

Exclusive: Italy"s UniCredit puts possible Commerzbank bid on ice for now - sources

Italy's UniCredit has put a possible bid for Commerzbank on ice as the German rival does not want to engage in negotiations so soon after the collapse of merger talks with Deutsche Bank, four sources said......»»

Category: topSource: reutersJun 24th, 2019

Exclusive: Deutsche Bank braced for continued Fed restrictions on U.S. business - sources

Deutsche Bank AG executives expect U.S. regulators to continue to impose restrictions on its Wall Street investment bank even if it passes an annual health check, three sources familiar with the matter said......»»

Category: topSource: reutersJun 20th, 2019

Exclusive: T-Mobile prepares for Boost auction if Dish Network talks stall - sources

T-Mobile US Inc is preparing an alternative plan if a deal to sell wireless assets to Dish Network Corp falls through, according to two sources familiar with the matter......»»

Category: topSource: reutersJun 19th, 2019

Deutsche Bank seeks to shed risky assets as part of overhaul: sources

Deutsche Bank is aiming to cut up to a quarter of its riskiest assets in the next few years, people familiar with the matter said, shedding more light on how the German lender is trying to overhaul its business and revive profitability......»»

Category: topSource: reutersJun 19th, 2019

Exclusive: Zambian government has no plans to seize First Quantum - sources

Zambia has no plans to seize the assets of Quantum Minerals Ltd and the copper producer intends to stay in the country despite the government's move to wrest control of a rival miner, government and industry sources told Reuters......»»

Category: topSource: reutersJun 11th, 2019

Exclusive: FAA tells U.N. panel it expects Boeing 737 MAX approval as early as late June - sources

U.S. Federal Aviation Administration (FAA) representatives told members of the United Nations' aviation agency they expect approval of Boeing Co's 737 MAX jets to fly in the United States as early as late June, three people.....»»

Category: topSource: reutersMay 23rd, 2019

Exclusive: JPMorgan cuts ties with OxyContin maker Purdue Pharma - sources

JPMorgan Chase & Co has cut ties with Purdue Pharma LP over the OxyContin maker's alleged role in the U.S. opioid crisis, forcing it to find a new bank to manage cash and bill payments, people familiar with the matter said on Thursday......»»

Category: topSource: reutersMay 23rd, 2019

Exclusive: Western buyers freeze payments for contaminated oil in extended Russian outage

Total and Eni have stopped payments for the contaminated oil sold to them by Russian firms and said they will only pay when compensation is agreed, trading sources said, upping the stakes in what the sources say is Russia's worst oil supply disruption......»»

Category: topSource: reutersMay 20th, 2019

Exclusive: Tesla expects global shortage of electric vehicle battery minerals -sources

Tesla Inc expects glo.....»»

Category: topSource: reutersMay 3rd, 2019

Exclusive: Tesla expects global shortage of electric vehicle battery minerals - sources

Tesla Inc expe.....»»

Category: topSource: reutersMay 2nd, 2019

Exclusive: Venezuela skirts U.S. sanctions by funneling oil sales via Russia

President Nicolas Maduro is funneling cashflow from Venezuelan oil sales through Russian state energy giant Rosneft as he seeks to evade U.S. sanctions designed to oust him from power, according to sources and documents reviewed by Reuters......»»

Category: topSource: reutersApr 18th, 2019

Exclusive: Deutsche Bank open to U.S. revamp in merger talks - sources

Deutsche Bank said it was open to further restructuring of its U.S. investment bank after Commerzbank executives sought clarity on its plans during merger talks, according to three sources familiar with the matter......»»

Category: topSource: reutersApr 5th, 2019

Exclusive: Venezuela"s PDVSA braces for low output from crucial crude upgraders

Venezuelan state-owned oil company PDVSA expects its crucial crude upgraders to operate well below capacity this month, according to industry sources and documents seen by Reuters, as U.S. sanctions and energy blackouts hit the OPEC nation's oil industry......»»

Category: topSource: reutersApr 4th, 2019

Exclusive: EDP readies sale of electricity generation assets in Portugal - sources

EDP-Energia de Portugal is working on a plan to sell some of its electricity generation assets in Portugal, three sources close to the matter said, in an effort to free up cash to drive its renewable energy expansion......»»

Category: topSource: reutersMar 8th, 2019

Exclusive: Russia"s drive to replace Western power technology hits snag

MOSCOW (Reuters) - Russia's drive to build a large power-generating turbine to lessen its dependence on Western technology has suffered a major set-back after a prototype broke beyond repair, two sources familiar with the project told Reuters......»»

Category: topSource: reutersApr 17th, 2018