LONDON, Dec 17 (Reuters) – U.S. private equity giant Carlyle has hired Goldman Sachs to work on its bid for Lukoil assets, two sources familiar with the matter told Reuters on Wednesday, as the race for the sanctioned Russian oil firm’s overseas portfolio heats up. At least a dozen potential suitors have expressed interest in…
By Nellie Peyton and Ted Hesson JOHANNESBURG/WASHINGTON, Dec 17 (Reuters) – South Africa on Wednesday said its authorities had arrested and would deport seven Kenyan nationals illegally working on processing refugee applications for the U.S. government. Two U.S. Citizenship and Immigration Services refugee officers were also briefly detained and then released during the operation on…
WASHINGTON, Dec 18 (Reuters) – U.S. President Donald Trump nominated Lt. Gen. Joshua Rudd, the deputy commander of the U.S. Indo-Pacific Command, as director of the National Security Agency and head of the U.S. Cyber Command, the Pentagon said Thursday in a statement. A former Special Forces officer from South Carolina, Rudd would be elevated…
Dec 18 (Reuters) – There is “no doubt” that round-the-clock trading will be the norm across markets, Tradeweb’s Chief Executive Officer wrote in a letter published on Thursday, highlighting the pace at which the idea is gaining traction across Wall Street. Billy Hult, who oversees the rates and credit trading platform handling around $2.9 trillion…
By Marc Jones LONDON, Dec 17 (Reuters) – Wall Street opened higher on Wednesday as the blockbuster battle for Warner Bros Discovery vied for attention with Federal Reserve speakers and leaping oil prices after U.S. President Donald Trump’s latest power-play in Venezuela. Netflix’s shares opened 2.5% higher after the WBD board rejected Paramount Skydance’s $108.4…
By Philip Blenkinsop STRASBOURG, Dec 16 (Reuters) – The European Commission unveiled a plan on Tuesday to drop the EU’s effective ban on new combustion-engine cars from 2035 after pressure from the region’s auto sector, marking the bloc’s biggest retreat from its green policies in recent years. The move, which still needs approval from EU…
By Jamie McGeever ORLANDO, Florida, Dec 16 (Reuters) – Wall Street mostly fell on Tuesday – the Nasdaq bucked the trend and rose – while the dollar and Treasury yields slid after figures showed the U.S. unemployment rate in November rose to 4.6%, the highest in more than four years. More on that below. In…
Global Demand for Defense Metals Is Surging 7X Strange picture predicts the market’s next move? [sponsor] Global Demand for Defense Metals Is Surging 7X [sponsor] Lithium, uranium and titanium are at the center of a global race. Nations are scrambling to secure them for fighter jets, EVs, and reactors. One N. American project could help fill…
WASHINGTON, Dec 15 (Reuters) – The U.S. Southern Command said on Monday that it carried out strikes on three vessels in international waters, killing eight men. “Intelligence confirmed that the vessels were transiting along known narco-trafficking routes in the Eastern Pacific and were engaged in narco-trafficking,” the military said in a post on X. The…
By David Shepardson WASHINGTON, Dec 15 (Reuters) – The Federal Aviation Administration is taking action after a collision between an American Airlines regional jet and an Army helicopter that killed 67 people in January exposed flaws in safety oversight, the agency’s head will tell Congress on Tuesday. “The DCA (Reagan Washington National Airport) accident was a…
