Reuters
United Kingdom 
06 Jan BirthReuters is an international news organisation owned by Thomson Reuters.
United Kingdom 06 Jan Birth
Exclusive-Brazil's IG4 bids $916 million to become a top shareholder in Chilean miner SQM -sources
SAO PAULO/SANTIAGO (Reuters) -Brazilian private equity firm IG4 Capital has delivered a $916 million bid to buy into holding companies that have large stakes in Chilean lithium miner Sociedad Quimica y Minera de Chile, known as SQM, two sources with knowledge of the matter said. If SQM’s shareholder
Russia plans to tap global debt market in 2021 despite new sanctions
MOSCOW, April 16 (Reuters) - Russian Finance Minister Anton Siluanov said on Friday he was confident that Russia will tap the global debt market this year and was considering a euro-denominated Eurobond despite new U.S. sanctions. Siluanov, speaking on state TV, said non-residents among holders of O
EXPLAINER-U.S. repo market flirts with negative rates as Fed seeks to absorb excess cash
NEW YORK, April 16 (Reuters) - Excess cash in the financial system has pressured overnight interest rates, in some instances pushing them negative, which, analysts said, could prompt the Federal Reserve to lift the short-term rates it manages. The overnight repurchase rate, which measures the cost o
CVC delays Toshiba buyout offer after CEO change - Nikkei
(Reuters) -Private equity firm CVC Capital Partners will delay submitting a formal proposal to buy Toshiba Corp, following the appointment of a new chief executive officer by the Japanese industrial group, the Nikkei reported on Friday. CVC believes Toshiba's new leadership will need time to settle
Brazil's Lojas Renner to launch 4.5 bln reais share offering -report
SAO PAULO, April 16 (Reuters) - Brazilian apparel retailer Lojas Renner is preparing to launch a roughly 4.5 billion reais share offering, financial blog Brazil Journal reported on Friday. The company plans to use the proceeds to fund its growth plan, including potential mergers and acquisitions. Sh
Fed's Kaplan wants to reduce easing at 'earliest opportunity'
April 16 (Reuters) - Dallas Federal Reserve Bank President Robert Kaplan reiterated Friday his view that the U.S. central bank should reduce its support for the economy at the “earliest opportunity,” once the pandemic is mostly over and as the economy gains steam. “I don’t want to get in the mode of
Analysis: No knockout, but new U.S. sanctions add to Russia's 'slow destruction'
LONDON (Reuters) - For all the insouciance with which markets treated Washington’s latest sanctions on Russia, its move to target Moscow’s main funding avenue - the rouble bond market - has in some ways, crossed the Rubicon, potentially with far-reaching consequences. Drawing on experiences of sanct
CVC delays Toshiba buyout offer after CEO swap: Nikkei
(Reuters) - Private equity firm CVC Capital Partners will delay submitting a buyout offer for Toshiba Corp, following the appointment of a new chief executive officer by the Japanese industrial group, Nikkei reported on Friday. Reporting by Tiyashi Datta in Bengaluru; Editing by Devika Syamnath Our
ANALYSIS-No knockout, but new U.S. sanctions add to Russia's 'slow destruction'
LONDON, April 16 (Reuters) - For all the insouciance with which markets treated Washington’s latest sanctions on Russia, its move to target Moscow’s main funding avenue - the rouble bond market - has in some ways, crossed the Rubicon, potentially with far-reaching consequences. Drawing on experience
UPDATE 1-Sterling reverses course vs euro, on track for weekly gains
* Graphic: World FX rates in 2020 tmsnrt.rs/2egbfVh * Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv (Updates) LONDON, April 16 (Reuters) - The pound rose against the euro on Friday reversing early losses, and was set for weekly gains against the common currency as traders weig
U.S. housing starts near 15-year high; consumer sentiment rises moderately
WASHINGTON (Reuters) -U.S. homebuilding surged to nearly a 15-year high in March, but soaring lumber prices amid supply constraints could limit builders’ capacity to boost production and ease a shortage of homes that is threatening to slow housing market momentum. The sharp rebound reported by the C
UPDATE 1-Taiwan says U.S. understood its 'special' situation in currency report
(Recasts, adds quotes, details, byline) TAIPEI, April 16 (Reuters) - The U.S. decision not to brand Taiwan a currency manipulator was a reflection of the effective communication between the two sides and Washington understanding the island’s “special” economic situation, a Taiwanese central bank off
The cycle turns: Emerging central banks hike rates in March
LONDON (Reuters) - Emerging market central banks delivered five net interest rate hikes in March, marking the end of an easing cycle which started in 2019 as central banks in the developing world grapple with rising inflation pressures. Across a group of 37 central banks in developing economies, pol
EXCLUSIVE-China opens its borders to billions of dollars of gold imports - sources
* China is world’s biggest gold consumer * Demand collapsed during pandemic but now recovering * Central bank allows biggest imports since COVID - sources * About 150 tonnes to be shipped in April/May - sources (Adds context, analyst quote) By Xiao Han, Peter Hobson and Swati Verma BEIJING/LONDON/BE
UPDATE 1-Switzerland's SNB still ready for forex intervention as U.S. drops manipulator tag
(Adds detail, background, further SNB comment) ZURICH, April 16 (Reuters) - The Swiss National Bank (SNB) said on Friday it remained ready to intervene in foreign exchange markets, after the U.S. Treasury Department dropped its currency manipulator label for the country even though it met criteria f
Pull-up Update
