Offs

Berkshire slashes Wells Fargo, JPMorgan stakes- adds Barrick Gold

Berkshire slashes Wells Fargo, JPMorgan stakes- adds Barrick Gold

Published 15/08/2020

(Reuters) - Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) said on Friday it has sold shares of some of the largest U.S. banks, slashing its stakes [more…]

BP’s green energy targets will be tough to meet

BP’s green energy targets will be tough to meet

Published 10/08/2020

LONDON (Reuters) - BP (BP.L) will need to invest tens of billions of dollars over the next decade and may have to accept lower returns [more…]

Republican senators back plan to sell TikTok’s U.S. operations

Republican senators back plan to sell TikTok’s U.S. operations

Published 02/08/2020

WASHINGTON (Reuters) - Several Republican senators on Sunday backed a plan by China’s ByteDance to divest the U.S. operations of TikTok after President Donald Trump [more…]

Factbox: Intesa eyes integration, growth after UBI bid succeeds

Factbox: Intesa eyes integration, growth after UBI bid succeeds

Published 28/07/2020

MILAN (Reuters) - Intesa Sanpaolo (ISP.MI) succeeded in its bid for UBI Banca (UBI.MI) on Tuesday after acquiring two thirds of its target’s shares to [more…]

SAP picked by Moderna to help distribute COVID-19 vaccine candidate

SAP picked by Moderna to help distribute COVID-19 vaccine candidate

Published 27/07/2020

BERLIN (Reuters) - Business software group SAP (SAPG.DE) has been selected by Moderna (MRNA.O) to help distribute the potential COVID-19 vaccine that the U.S. pharmaceuticals [more…]

Activist fund TCI lodges complaint against Italy with European Commission over Atlantia

Activist fund TCI lodges complaint against Italy with European Commission over Atlantia

Published 24/07/2020

LONDON/ROME (Reuters) - Activist hedge fund TCI Fund Management said it has complained to the European Commission over “illegitimate expropriation” by the Italian government of [more…]

Intesa ups bid for UBI by 18% with cash sweetener

Intesa ups bid for UBI by 18% with cash sweetener

Published 17/07/2020

MILAN (Reuters) - Italy’s Intesa Sanpaolo (ISP.MI) on Friday raised its bid for rival UBI Banca (UBI.MI) by 18%, adding a cash sweetener to secure [more…]

Alibaba’s Jack Ma sells $8.2 billion worth shares, stake dips to 4.8%: filing

Alibaba’s Jack Ma sells $8.2 billion worth shares, stake dips to 4.8%: filing

Published 13/07/2020

SHANGHAI (Reuters) - Alibaba Group Holding Ltd co-founder Jack Ma has cut his stake in the company over the past year to 4.8% from 6.2%, [more…]

Greece’s NBG hires Morgan Stanley to advise on six billion euro bad debt sale

Greece’s NBG hires Morgan Stanley to advise on six billion euro bad debt sale

Published 30/06/2020

ATHENS (Reuters) - Greece’s National Bank (NBG) has hired Morgan Stanley as an adviser ahead of a planned sale of more than 6.0 billion euros [more…]

Germany to buy stake in CureVac as world races for COVID-19 vaccine

Germany to buy stake in CureVac as world races for COVID-19 vaccine

Published 15/06/2020

FRANKFURT/BERLIN (Reuters) - Germany will take a stake in unlisted biotech firm CureVac, which is working on a COVID-19 vaccine, Economy Minister Peter Altmaier said [more…]