EXCLUSIVE Geely unit Lotus Tech goals to lift as much as $500 mln in funds – CFO

Australian shares slip as tech, gold stocks track Wall Street sell-off

SHANGHAI, Nov 26 (Reuters) – Lotus Technology, a new unit of China’s Geely (GEELY.UL) set up to develop the technology to power Lotus sports cars, is planning to raise $400 million to $500 million before the end of this year, its chief financial officer told Reuters. Lotus Technology, part of Group Lotus which is in … Read more

Tech reboots shares, greenback takes Thanksgiving breather

Australian shares slip as tech, gold stocks track Wall Street sell-off

Tech shares led stocks higher, lockdowns hit travel, leisure Bond market yields dip after recent rise Volatile emerging markets enjoy some respite Oil see-saws after hectic few days LONDON, Nov 25 (Reuters) – A tech shares bounce carried European equities higher on Thursday, following similar gains on Wall Street and Asia and helped also by … Read more

Italy – Components to observe on Nov. 25

Australian shares slip as tech, gold stocks track Wall Street sell-off

The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on . Register now for FREE unlimited access to reuters.com Register POLITICS Italy reported 85 coronavirus-related … Read more

Asian tech shares achieve whereas greenback marches on

Australian shares slip as tech, gold stocks track Wall Street sell-off

HONG KONG, Nov 25 (Reuters) – Asian tech stocks rose on Thursday, following their U.S.-listed peers, though broader gains were capped by the strength of the U.S. dollar as investors bet on interest rates rising more quickly in the United States than other major economies. European stocks were expected to advance with Euro Stoxx 50 … Read more

Spain’s BBVA says Garanti deal priced in additional lira depreciation

Spain's BBVA says Garanti deal priced in further lira depreciation

A view shows the Spanish bank BBVA’s headquarters, in Madrid, Spain November 17, 2020. REUTERS/Juan Medina Register now for FREE unlimited access to reuters.com Register MADRID, Nov 24 (Reuters) – Spain’s BBVA (BBVA.MC) on Wednesday reiterated its long-term commitment towards Turkey and said lira depreciation had been taken into account while structuring its recent purchase … Read more

Australian shares slip as tech, gold shares monitor Wall Avenue sell-off

Australian shares slip as tech, gold stocks track Wall Street sell-off

Nov 24 (Reuters) – Australian shares inched lower on Wednesday, dragged down by technology and gold stocks, as rising Treasury yields sparked a panic selloff of the bullion and some big U.S. tech names. The S&P/ASX 200 index (.AXJO) fell 0.2% to 7,395.1 by 0039 GMT. The benchmark index closed up 0.8% on Tuesday. Gold … Read more

Offers of the day Mergers and acquisitions

Deals of the day Mergers and acquisitions

Nov 23 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Tuesday: ** U.S.-based Advent International and Centerbridge Partners have made a joint takeover offer for Germany’s Aareal Bank (ARLG.DE) that values the lender at 1.7 billion euros ($1.9 billion). read more ** Britain’s Marks & Spencer (MKS.L) has … Read more

EU’s Vestager cheers as lawmakers vote for more durable tech legal guidelines

EU's Vestager cheers as lawmakers vote for tougher tech laws

EU Commission Executive Vice-President Margrethe Vestager holds a news conference on European Commission’s competition policy, in Brussels, Belgium November 18, 2021, REUTERS/Yves Herman Register now for FREE unlimited access to reuters.com Register STRASBOURG, Nov 23 (Reuters) – A key committee of EU lawmakers on Tuesday agreed to tougher laws targeting Amazon (AMZN.O), Apple (AAPL.O), Alphabet … Read more

Moscow says 13 international tech companies should be represented on Russian soil by 2022

Moscow says 13 foreign tech firms must be represented on Russian soil by 2022

Russian President Vladimir Putin attends a meeting with head of the Federal Taxation Service (FTS) Daniil Egorov in Moscow, Russia November 22, 2021. Sputnik/Mikhail Metzel/Pool via REUTERS Register now for FREE unlimited access to reuters.com Register MOSCOW, Nov 23 (Reuters) – Russia has demanded that 13 foreign technology companies be officially represented on Russian soil … Read more

Indian shares decline as tech, financials weigh

Indian shares decline as tech, financials weigh

A man looks at a screen displaying news of markets update inside the Bombay Stock Exchange (BSE) building in Mumbai, India, February 11, 2016. REUTERS/Danish Siddiqui/File Photo Register now for FREE unlimited access to reuters.com Register BENGALURU, Nov 23 (Reuters) – Indian shares dropped on Tuesday after falling nearly 2% a day earlier, as technology, … Read more