exit
By Kate Abnett and Virginia Furness BRUSSELS/LONDON (Reuters) – A second U.S. withdrawal from the world’s primary climate pact will have a bigger impact – in the U.S. and globally – than the country’s first retreat in 2017, analysts and diplomats told Reuters. One of President Donald Trump’s first acts…
By Andres Gonzalez, Christoph Steitz and Emma-Victoria Farr LONDON/FRANKFURT (Reuters) – Berlin has sounded out potential buyers for Uniper in a deal that could see the government selling its entire holding in the $18.8 billion energy utility, three people with knowledge of the matter said. Germany’s government, which owns 99.12%…
By Emma-Victoria Farr and Andres Gonzalez LONDON (Reuters) – Private equity funds in Europe, even though flush with cash, are thinking twice about buying businesses that could be difficult to sell and carefully working through their exit plans before making more acquisitions, bankers and investors said. In one example, Brookfield…
By Abhirup Roy SAN FRANCISCO (Reuters) – General Motors (NYSE:)’ decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the race: it requires a long-term commitment to perfect the technology and deep pockets to fund it. Autonomous vehicle (AV) developers…
By Katya Golubkova and Yuka Obayashi TOKYO (Reuters) – As Japan’s long-term contracts to secure liquefied (LNG) from Russia’s Sakhalin-2 project near expiration, rival producers see opportunity to fill the supply gap, even as Tokyo looks to switch to cleaner energy, industry insiders say. The country’s declining demand for gas…
“Love Is Blind” season seven features a cast of singles from the Washington DC area.One of those singles is Leo, an art dealer who forms multiple connections in the pods.Here’s what we know about what happened to Leo post-filming. Warning: Spoilers ahead through episode six of “Love Is Blind” season…
By Byron Kaye and Rishav Chatterjee (Reuters) -Australia’s Qantas said it was cutting its former CEO’s exit bonuses by A$9.3 million ($6 million) after an external review found him responsible for measures alienating travellers, employees and shareholders in the COVID era and beyond. The decision marks a gloomy footnote to…
In a dramatic but increasingly expected turn of events, Joe Biden exited the presidential race on Sunday via a letter posted on social media.Analysts have told BI that this peaceful — albeit reluctant — changing of the guard could be awkward for autocratic leaders like Vladimir Putin of Russia, Xi…
President Joe Biden earlier this month said that he’d step aside as the Democratic nominee only if “the Lord Almighty” came down and told him to do so.And on Sunday, Biden — weighed down by a growing number of Democratic lawmakers calling for him to exit the race — dropped…
