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

European shares rise on positive aspects in utilities, tech; Remy Cointreau hits new excessive

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

Remy Cointreau breaks above 200 euros Healthcare, utilities also gain ground Trading volumes thinned by U.S. holiday Nov 25 (Reuters) – European shares rose on Thursday as French spirits maker Remy Cointreau surged after strong earnings outlook, while investors bought into defensive sectors amid worries about soaring coronavirus cases across the continent. The Europe-wide STOXX … Read more

LIVE MARKETS Tech, meals, luxurious and massive pharma to the rescue

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

European shares up 0.5% Tech leads sectoral gainers Wall Street shut for Thanksgiving Nov 25 – Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at [email protected] TECH, FOOD, LUXURY AND BIG PHARMA TO THE RESCUE (0850 GMT) A bounce in tech … 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

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

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

Offers of the day Mergers and acquisitions

Deals of the day Mergers and acquisitions

Nov 18 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 1730 GMT on Thursday: ** Unilever Plc (ULVR.L) has agreed to sell its global tea business to CVC Capital Partners for 4.5 billion euros ($5.1 billion), concluding a process of reviewing and spinning off the division that took more than two … Read more

S&P International, IHS win U.S. antitrust approval for $44 billion take care of circumstances

S&P Global, IHS win U.S. antitrust approval for $44 billion deal with conditions

WASHINGTON, Nov 12 (Reuters) – Business information provider S&P Global Inc (SPGI.N) and IHS Markit Ltd (INFO.N) have won U.S. antitrust approval for their planned merger, on condition it sell some businesses and scrap a non-compete agreement with GasBuddy, the Justice Department said in a statement. The $44 billion deal was initially announced in November … Read more

Inexperienced traders say transportation pledges hinge on tech advances

Green investors say transportation pledges hinge on tech advances

General Motors assembly workers work on Chevrolet 2019 heavy-duty pickup trucks at the General Motors Flint Assembly Plant in Flint, Michigan, U.S. February 5, 2019. REUTERS/Rebecca Cook/File Photo Nov 11 (Reuters) – Environmentally minded investors praised carbon-cutting pledges by major transportation companies and governments announced at the U.N. climate summit on Wednesday but said the … Read more

Tech gabfest reveals conferences a real-world future

'Feel alive again': Attendees delighted to return to Lisbon's tech fest

General view of the opening ceremony of Web Summit, Europe’s largest technology conference, in Lisbon, Portugal, November 1, 2021. REUTERS/Pedro Nunes LISBON, Nov 8 (Reuters Breakingviews) – To get a sense of how the pandemic will change the conference business, it makes sense to observe how the most digitally connected and technologically savvy have adapted … Read more