[ad_1] © Reuters. FILE PHOTO: The corporate emblem is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Track/File Picture/File Picture HONG KONG (Reuters) – A share sale plan between China Evergrande (HK:) New Vitality Car Group, the electric-vehicle arm of embattled property developer China Evergrande and U.S.-listed NWTN has been halted, in accordance with a Hong Kong bourse inventory submitting on Sunday. The suspension of the share subscription deal was because of “vital uncertainties” tied to the Evergrande group, the submitting by the Chinese language agency stated. Beforehand, Evergrande stated investigations…
Author: Reuters
[ad_1] © Reuters. FILE PHOTO: Individuals stroll previous a Metro Financial institution in London, Britain, Could 22, 2019. REUTERS/Hannah McKay/File Photograph (Reuters) -British lender Metro Financial institution on Saturday rejected a sequence of takeover approaches from specialist enterprise lender Shawbrook and later held talks with bondholders about an fairness injection alongside a debt restructuring, media experiences stated. Metro Financial institution rejected a sequence of takeover approaches from Shawbrook, together with one made within the second half of September, Sky Information reported on Saturday. It’s unclear whether or not any reside discussions had been ongoing between the 2 corporations, whereas the…
[ad_1] 2/2 © Reuters. Former Speaker of the Home Kevin McCarthy (R-CA) speaks to reporters after he was ousted from the place of Speaker by a vote of the Home of Representatives on the U.S. Capitol in Washington, U.S. October 3, 2023. REUTERS/Jonathan Ernst 2/2 (Reuters) – Republicans within the U.S. Home of Representatives have begun to place themselves to run for speaker, after a small group of hardliners succeeded in ousting Kevin McCarthy from the job in a historic first. Listed here are the candidates who’ve declared their curiosity and another prospects. IN: JIM JORDAN Consultant Jim Jordan, an…
[ad_1] © Reuters. FILE PHOTO: The emblem of German sports activities items agency Puma is seen on the entrance of certainly one of its shops in Vienna, Austria, March 18, 2016. REUTERS/Leonhard Foeger/File Photograph (Reuters) -Shares in Puma fell 8.4% on Thursday after analysts mentioned the sportswear firm’s third-quarter earnings may fall wanting market expectations. Analysts at brokerage Stifel mentioned Puma’s third-quarter earnings earlier than curiosity and tax may decline by a low double-digit price in contrast with final 12 months, a worse efficiency than consensus expectations for a 6% decline. Puma mentioned it was totally on observe to attain…
[ad_1] 2/2 © Reuters. FILE PHOTO: Maersk containers are saved at Zona Franca in Barcelona, Spain, November 3, 2022. REUTERS/Albert Gea//File Picture 2/2 By Mark John (Reuters) – At a World Commerce Group occasion in September, former British prime minister Gordon Brown voiced out loud the concern that has quietly began to echo within the halls of energy throughout Europe. “Europe doesn’t wish to find yourself squeezed between America and China, both a Chinese language colony or an American colony,” he mentioned of a state of affairs by which rivalry between China and america might result in a world of…
[ad_1] (Reuters) -India has advised Canada that it should repatriate 41 diplomats by Oct. 10 as a diplomatic dispute between the 2 nations deepens, the Monetary Occasions reported on Tuesday. Bilateral ties have turn into critically strained over Canadian suspicion that Indian authorities brokers had a job within the June homicide in Canada of a Sikh separatist chief and Canadian citizen, Hardeep Singh Nijjar, who India had labeled a “terrorist”. India has dismissed the allegation as absurd. The Monetary Occasions, citing folks acquainted with the Indian demand, mentioned India had threatened to revoke the diplomatic immunity of these diplomats advised…
[ad_1] © Reuters. Actors, writers and different union members collect round a speaker as SAG-AFTRA and WGA strikers reveal in Manhattan in New York Metropolis, New York, U.S., August 22, 2023. REUTERS/Mike Segar/File Picture By Steve Gorman and Daybreak Chmielewski LOS ANGELES (Reuters) – Negotiators for hanging Hollywood actors resumed contract talks on Monday with representatives of main studios, tv networks and streaming companies, marking the primary time the 2 sides have returned to the bargaining desk since mid-July. Renewed talks between the SAG-AFTRA actors union and the Alliance of Movement Image and Tv Producers (AMPTP) got here eight days…
[ad_1] © Reuters. FILE PHOTO: Placing United Auto Staff (UAW) members from the Common Motors Lansing Delta Plant picket in Delta Township, Michigan U.S. September 29, 2023. REUTERS/Rebecca Cook dinner/File Photograph By David Shepardson (Reuters) -Common Motors and Ford Motor (NYSE:) on Monday mentioned they’re shedding one other 500 staff at 4 Midwestern vegetation due to the affect on among the services of the United Auto Staff strike in its 18th day. Individually, the UAW confirmed it introduced a brand new contract provide to GM on Monday. GM mentioned it obtained the counterproposal “however vital gaps stay.” The UAW additionally…
[ad_1] © Reuters. FILE PHOTO: U.S. Senator Ben Cardin (D-MD) speaks at a committee assembly after assuming the chairmanship of the Senate Overseas Relations Committee on the U.S. Capitol on Capitol Hill in Washington, U.S., September 28, 2023. REUTERS/Craig Hudson/File Picture By Matt Spetalnick and Patricia Zengerle WASHINGTON (Reuters) -The chairman of the U.S. Senate Overseas Relations Committee vowed on Saturday to dam navy support and arms gross sales to Egypt if it doesn’t take concrete steps to enhance human rights within the nation. Democratic U.S. Senator Ben Cardin issued the menace in an announcement, saying “it’s crucial that we…
[ad_1] © Reuters. The Detroit skyline is seen from the north aspect of the town in Detroit, Michigan, December 3, 2013. REUTERS/Joshua Lott/File Picture (Reuters) -Staff at three Detroit casinos have voted in favor of authorizing a strike, if obligatory, the United Auto Staff (UAW) union and Teamsters mentioned on Saturday. The UAW, a member of the Detroit On line casino Council (DCC) representing employees on the MGM Grand Detroit, Hollywood at Greektown and MotorCity casinos, mentioned employees voted 99% “sure” on Friday to authorize a strike in any respect three areas if a brand new contract settlement is not…