France Says Talks With EDF Over Capping Power Prices Are Ongoing
France remains in talks with debt-laden Electricite de France SA over potentially capping power prices at a level that keeps the country’s manufacturers competitive.
France remains in talks with debt-laden Electricite de France SA over potentially capping power prices at a level that keeps the country’s manufacturers competitive.
Ivar Tollefsen, the Norwegian billionaire with controlling stakes across much of the Nordic real estate industry, has bought back a portfolio of Icelandic properties to improve the leverage optics in one of his key holdings.
Russia allowed a return to seaborne exports of diesel just weeks after imposing a ban that roiled global markets, taking other steps instead to keep sufficient fuel supplies at home.
A group of highly-anticipated spinoffs stumbled out of the gate this week as a wave of selling across the market took a heavy toll on household names.
Rithm Capital Corp. scrapped plans to increase its offer for Sculptor Capital Management Inc. to $12.20 a share after talks to secure Dan Och’s support fell apart as he publicly called a competing bid attractive.
Few businesses have Chicago roots as deep as the CME Group Inc. — the company has been based in the city for more than a century and its very name derives from the location (the letters refer to the company’s Chicago Mercantile Exchange business).
Indian households expect inflation to fall in the coming months, according to surveys by the Reserve Bank of India.
Russian President Vladimir Putin said pieces of grenade were found in the bodies of Wagner founder Yevgeny Prigozhin and other mercenary leaders who died in a plane crash, as he hinted that the man who led an armed revolt against the Kremlin’s military leadership had been a drug user.
“Something is likely to break” as Friday’s US jobs report pushes the Federal Reserve to hold interest rates higher for longer, said Mohamed El-Erian, the chief economic adviser at Allianz SE and a Bloomberg Opinion columnist.
A group of Metro Bank Holdings Plc’s bondholders approached the lender on Monday with a £600 million ($730 million) funding offer, according to the Financial Times.