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By Marianna Parraga HOUSTON (Reuters) -The U.S. government has notified foreign partners of Venezuela’s state oil company PDVSA of the imminent cancellation of authorizations that allow them to export Venezuelan oil and byproducts, sources close to the decision by President Donald Trump’s administration said on Saturday. In recent years, former President Joe Biden’s administration granted …

US to revoke authorizations to foreign partners of Venezuela’s PDVSA, sources say Read More »

By Mathieu Rosemain, John Irish PARIS (Reuters) -The Trump administration has ordered some French companies with U.S. government contracts to comply with his executive order banning diversity, equity, and inclusion programmes, highlighting the extraterritorial reach of U.S. policies and their potential impact on European corporate practices. The companies have been told to confirm their compliance …

US orders French companies to comply with Trump’s diversity ban Read More »

(Reuters) -Proxy adviser Glass Lewis recommended investors cast advisory votes against the pay of top Goldman Sachs executives, citing the Wall Street bank’s “continued inability to align pay with performance” and retention grants that Glass Lewis called excessive. In a report sent late on Friday, Glass Lewis noted the combined $160 million in retention awards …

Glass Lewis recommends voting against CEO pay at Goldman Sachs Read More »

(Reuters) – U.S. President Donald Trump is urging senior advisers to take a more aggressive stance on tariffs as the administration prepares for a major escalation in its global trade war, the Washington Post reported on Saturday, citing four people familiar with the matter. Despite calls from allies on Wall Street and Capitol Hill to …

Trump presses advisers for tariff escalation ahead of April 2, Washington Post reports Read More »

By Manoj Kumar NEW DELHI (Reuters) -Indian and U.S. officials discussed trade issues including the reduction of tariffs and easing of non-tariff barriers, making progress towards a bilateral trade agreement during several days of talks in New Delhi, they said on Saturday. The negotiations, led by officials from India’s commerce ministry and a U.S. trade …

India and US making progress towards trade deal, officials say Read More »

By Anton Bridge and Makiko Yamazaki TOKYO (Reuters) -U.S.-based private equity firm KKR and a unit of Japanese state-backed fund Japan Investment Corp (JIC) will acquire medical gear maker Topcon in a tender offer buyout worth 348 billion yen ($2.3 billion), KKR said on Friday. Private equity deals in Japan have been booming as corporate …

KKR and state-backed JIC join forces to take Japan’s Topcon private for $2.31 billion Read More »

(Reuters) -The Federal Bureau of Investigation (FBI) is probing the cyberattack at Oracle that has led to the theft of patient data, Bloomberg News reported on Friday, citing a person familiar with the matter. Earlier this month, Oracle alerted some healthcare customers that sometime after January 22, hackers accessed its servers and copied patient data …

FBI investigating cyberattack at Oracle, Bloomberg News reports Read More »