FILE PHOTO: Brazilian Real and U.S. dollar notes are pictured at a currency exchange office in Rio de Janeiro, Brazil, in this September 10, 2015 photo illustration. REUTERS/Ricardo Moraes/File Photo September 29, 2020 By Carolina Mandl SAO PAULO (Reuters) – U.S. private equity firm Advent International has raised a $2 […]
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ADNOC and Apollo-led consortium close $5.5 billion real estate investment partnership
September 29, 2020 DUBAI (Reuters) – The Abu Dhabi National Oil Company (ADNOC) said on Tuesday it closed its $5.5 billion real estate investment partnership with entities owned and/or advised by Apollo Global Management Inc <APO.N> subsidiaries and a group of institutional investors. The closing takes the combined investment in […]
German finance minister defends record debt to continue fiscal splurge in pandemic
September 29, 2020 By Michael Nienaber BERLIN (Reuters) – German Finance Minister Olaf Scholz said on Tuesday he would persist with heavy spending to help Europe’s largest economy recover from the coronavirus pandemic as rescue and stimulus measures push debt to its highest level on record. Speaking to lawmakers to […]
Shares of LG Chem rise after report of Tesla’s interest in battery unit
September 29, 2020 SEOUL (Reuters) – Shares of LG Chem Ltd, which supplies batteries to Tesla Inc, climbed on Tuesday, after media said the U.S. electric vehicle maker was looking to acquire a stake in a battery unit the South Korean company wants to dispose of. “Tesla is said to […]
Shares of LG Chem rise after report of Tesla’s interest in battery unit
September 29, 2020 SEOUL (Reuters) – Shares of LG Chem Ltd, which supplies batteries to Tesla Inc, climbed on Tuesday, after media said the U.S. electric vehicle maker was looking to acquire a stake in a battery unit the South Korean company wants to dispose of. “Tesla is said to […]
Philippines accuses Facebook of censoring pro-government content
September 29, 2020 MANILA (Reuters) – The Philippines accused Facebook on Tuesday of censoring pro-government content which it said was tantamount to curtailing freedom of speech and called for new measures to regulate the social media giant to “level the playing field”. In the Southeast Asian country, President Rodrigo Duterte […]
Philippines accuses Facebook of censoring pro-government content
September 29, 2020 MANILA (Reuters) – The Philippines accused Facebook on Tuesday of censoring pro-government content which it said was tantamount to curtailing freedom of speech and called for new measures to regulate the social media giant to “level the playing field”. In the Southeast Asian country, President Rodrigo Duterte […]
Merkel government wants tighter rules for parties to suppress virus
German Chancellor Angela Merkel attends the weekly cabinet meeting in Berlin, Germany, September 23, 2020. Kay Nietfeld/Pool via REUTERS September 29, 2020 BERLIN (Reuters) – Angela Merkel’s government wants to restrict the size of parties to suppress the spread of the coronavirus in Germany, a draft resolution seen by Reuters […]
Merkel government wants tighter rules for parties to suppress virus
German Chancellor Angela Merkel attends the weekly cabinet meeting in Berlin, Germany, September 23, 2020. Kay Nietfeld/Pool via REUTERS September 29, 2020 BERLIN (Reuters) – Angela Merkel’s government wants to restrict the size of parties to suppress the spread of the coronavirus in Germany, a draft resolution seen by Reuters […]
China needs a raft of reforms to make new economic strategy work: advisers
FILE PHOTO: A labourer cleans the window of an office building near a residential complex (back and reflection) under construction in Shenyang, Liaoning province May 17, 2013. REUTERS/Stringer September 29, 2020 BEIJING (Reuters) – China will need a plethora of reforms if it is to make a new economic strategy […]