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…
By Heejin Kim SEOUL, Dec 15 (Reuters) – Former South Korean President Yoon Suk Yeol tried to provoke North Korea into mounting an armed aggression to create justification for the December 2024 martial law declaration and to eliminate political opponents, a special prosecutor said. The special prosecutor, Cho Eun-seok, told a briefing on Monday his…
By Jessie Pang and James Pomfret HONG KONG, Dec 15 (Reuters) – Hong Kong media tycoon and pro-democracy activist Jimmy Lai was found guilty on Monday in his landmark security trial on charges of conspiracy to collude with foreign forces and sedition, which could mean life in prison. The 78-year-old Lai, founder of the pro-democracy…
