Exclusive: Humbled Noble Group seeks to rebuild LNG, energy businesses: sources
Noble Group Holdings (Noble Holdings) plans to rebuild its liquefied natural gas (LNG) and core energy businesses and develop rare earths as it seeks new life as a niche, Asia-focused commodity trader, sources aware of the matter said......»»
Exclusive: Lake Mary company seeks new office space, sources say
And the company has been on a buying spree recently — snapping up nine businesses since the start of 2020......»»
Exclusive: Eurazeo hires JPMorgan to exit car rental group Europcar - sources
European investment firm Eurazeo is exploring a partial or full sale of its near 30% stake in Europcar Mobility Group as it seeks to cash out from the troubled French car rental company, sources told Reuters......»»
Exclusive: Cigna seeks sale of group benefits insurance business - sources
U.S. health insurer Cigna Corp is exploring a sale of its group benefits insurance business, which could be valued at as much as $6 billion, four people familiar with the matter said on Tuesday......»»
Exclusive: Germany"s Bayer seeks animal health merger with Elanco - sources
Bayer has approached U.S. drug firm Elanco Animal Health to discuss a possible combination of their pet-health businesses to create an industry giant, three sources familiar with the matter told Reuters......»»
Exclusive: China"s BAIC seeks to buy 5 percent Daimler stake - sources
China's BAIC Group is seeking to buy a stake of up to 5 percent in Daimler as a way to secure its investment in Chinese Mercedes-Benz manufacturing company Beijing Benz Automotive, three sources familiar with the matter told Reuters......»»
Exclusive: Venezuela skirts U.S. sanctions by funneling oil sales via Russia
President Nicolas Maduro is funneling cashflow from Venezuelan oil sales through Russian state energy giant Rosneft as he seeks to evade U.S. sanctions designed to oust him from power, according to sources and documents reviewed by Reuters......»»
Exclusive: HNA-linked Hong Kong Airlines seeks $255 million from backers to keep license
Hong Kong Airlines shareholders have demanded to see 2018 accounts before considering providing at least HK$2 billion ($255 million) needed to ensure the carrier - part owned by the indebted HNA Group - keeps its license, two sources said......»»
Exclusive: HNA-linked Hong Kong Airlines seeks $255 million from backers to keep license - sources
Hong Kong Airlines shareholders have demanded to see 2018 accounts before considering providing at least HK$2 billion ($255 million) needed to ensure the carrier - part owned by the indebted HNA Group - keeps its license, two sources said......»»
Exclusive: China"s Dalian Wanda seeks to reduce AMC stake - sources
Chinese billionaire Wang Jianlin's real estate-to-media conglomerate Dalian Wanda Group is exploring a deal to cut its stake in AMC Entertainment Holdings Inc, the world's largest cinema operator, people familiar with the matter said......»»
Exclusive: Deutsche Bank weighs overhaul of group structure - sources
Deutsche Bank's management is considering converting the German lender into a holding company, according to three people with knowledge of the matter, a move that could make it easier for its businesses to merge with rivals......»»
Exclusive: Don"t mention the oil price - U.S. legal threat prompts change at OPEC
OPEC has urged its members not to mention oil prices when discussing policy in a break from the past, as the oil producing group seeks to avoid the risk of U.S. legal action for manipulating the market, sources close to OPEC said......»»
Exclusive: China Evergrande seeks $1.5 billion via HK tower financing - sources
Highly leveraged property firm China Evergrande Group is in talks with financial institutions to raise about $1.5 billion this month by offering its Hong Kong office tower as collateral, two sources with direct knowledge of the matter said......»»
Exclusive: 2-DEER: China"s HNA Group seeks buyer for $300 million "Dream Jet" - sources
Cash-strapped Chinese conglomerate HNA Group has put up for sale its luxurious $300-million-plus Boeing 787 corporate "Dream Jet" with registration "2-DEER", say six aviation industry sources familiar with the matter......»»
OPEC yet to agree on final deal as Iran seeks exemptions
Saudi Arabia's energy minister said he wasn't confident OPEC would reach a deal on Friday to cut oil output as sources said the producer group's leader had yet to agree on exemptions for sanctions-hit Iran......»»
Exclusive: Chat-service firm Slack taps Goldman Sachs to lead IPO - sources
Slack Technologies Inc, a provider of chat and direct messaging services for businesses, has hired investment bank Goldman Sachs Group Inc to lead its initial public offering (IPO) next year as an underwriter, people familiar with the matter said......»»
Exclusive: RWE to win EU okay to buy E.ON, Innogy renewables businesses - sources
German utility RWE is set to gain unconditional EU antitrust approval to buy the renewables businesses of both E.ON and Innogy in a deal that will reshape the German energy market, people familiar with the matter said on Thursday......»»
Exclusive: Energy trader Gunvor mulls asset sales after first annual loss
Energy trader Gunvor Group is considering selling non-core assets in Russia and finding a strategic partner for its German refinery as it tries to recover from the first-ever annual loss it suffered in 2018, trading and banking sources said. .....»»
The UK"s 2050 net-zero carbon goals are driving deeper investments from businesses in renewable energy sources and fueling competition
Biofuel exec Keith O'Connor said "a combination of collaboration, complementary renewal technologies, accountability, and investment" will build a strong and sustainable zero-carbon.....»»
Exclusive: Wells Fargo shifts energy bankers to focus on bankruptcies
Wells Fargo & Co has revived its special group for bad energy loans in recent weeks as the bank braces for more pain from the sharp downturn in oil prices, people familiar with the matter told Reuters......»»
Exclusive: Chesapeake Energy preparing bankruptcy filing - sources
Chesapeake Energy Corp , the oil and .....»»