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

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

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

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

H&F, Bain Capital faucet into well being tech increase with $17 bln Athenahealth deal

H&F, Bain Capital tap into health tech boom with $17 bln Athenahealth deal

The logo of Bain Capital is displayed on the screen during a news conference in Tokyo, Japan October 5, 2017. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to reuters.com Register Nov 22 (Reuters) – Private-equity firms Hellman & Friedman LLC and Bain Capital on Monday agreed to buy Athenahealth for $17 billion, the latest … Read more

India’s Reliance drops after slamming brakes on $15-bln Aramco deal

India's Reliance drops after slamming brakes on $15-bln Aramco deal

A man walks past a Reliance Industries Limited sign board installed on a road divider in the western Indian city of Gandhinagar January 17, 2014. REUTERS/Amit Dave/File Photo Register now for FREE unlimited access to reuters.com Register BENGALURU, Nov 22 (Reuters) – Shares of Reliance Industries (RELI.NS) fell 4.2% on Monday as India’s largest firm … Read more

Offers of the day Mergers and acquisitions

Deals of the day Mergers and acquisitions

Nov 22 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 1115 GMT on Monday: ** Honeywell Flour Mills rose 9.73% in early trade to a one-month high after Nigeria’s biggest miller Flour Mills agreed to acquire a majority stake. ** Shares in Telecom Italia (TIM) (TLIT.MI) rose as much as 30%, … Read more

Nasdaq ends atop 16,000 mark for the primary time on tech energy

Nasdaq ends atop 16,000 mark for the first time on tech strength

Travel stocks slump as European COVID cases rise Tech, stay-at-home stocks gain S&P retail index hits new best after strong earnings Indexes: Dow down 0.75%, S&P down 0.14%, Nasdaq up 0.4% Weekly indexes: Dow down 1.38%, S&P up 0.34%, Nasdaq up 1.24% Nov 19 (Reuters) – The Nasdaq Composite Index (.IXIC) closed above 16,000 points … Read more