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22 Jun

Exclusive: Russian oil tankers get India safety cover via Dubai company

India is providing safety certification for dozens of ships managed by a subsidiary of top Russian shipping group Sovcomflot, official data showed, enabling oil exports to India and elsewhere after Western certifiers withdrew their services due to global sanctions against Moscow.

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22 Jun

U.S. consumer watchdog issues review of excessive credit card fees

WASHINGTON (Reuters) -The top U.S. consumer watchdog on Wednesday unveiled a measure that would scrutinize excessive credit card fees and demand card issuers disclose more data around revenue and expenses in a bid to stamp out abuses and boost competition.

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22 Jun

Umicore plan to double down on battery business knocks almost $1 billion off market cap

(Reuters) -Belgium's Umicore on Wednesday presented a 5 billion euro plan to bulk up its battery materials business by 2026, as it prepares for soaring demand largely driven by electrical vehicle production.

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22 Jun

TPG to acquire remaining stake in Convey Health, shares surge

Private equity firm TPG Inc agreed to acquire all the outstanding shares of Convey Health Solutions Holdings it does not already own, in an all-cash transaction announced on Tuesday.

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22 Jun

S&P cuts Chinese state-backed developer Greenland to 'selective default'

Chinese state-backed Greenland Holdings Corp Ltd was on Wednesday downgraded to "selective default" by rating agency S&P Global, after the property developer extended the maturity of its $500-million bonds by one year.

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22 Jun

Schumer will put legislation to cut insulin costs on Senate floor 'very soon'

U.S. Senate Majority Leader Chuck Schumer said on Wednesday he will put a bipartisan legislation to lower insulin costs for a vote on the Senate floor "very soon".

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22 Jun

Japan's JERA prepares to revive a second aged power unit at Anegasaki

JERA, Japan's biggest power generator, has started preparation work to restart another aged power generation unit at its Anegasaki thermal power station, near Tokyo, to help the region avoid any power crunch during the peak winter demand season.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
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