WINNIPEG, Manitoba, Dec 11 Reuters Coastal GasLink, a Canadian natural gas pipeline partnership operated by TC Energy, is seeking C1.2 billion 737 million from one of its main contractors for construction delays and may be liable for a similar amount if an arbitrator rules against it, court documents showed ahead of a hearing this month. […]

MADRID, Dec 11 Reuters Spain39;s Santander, the euro zone39;s secondbiggest bank by market value, on Monday said the European Central Bank ECB had set a minimum threshold for its strictest measure of solvency above the previous year39;s level. The ECB set the threshold for Santander39;s Common Equity Tier 1 CET1 capital ratio at 9.6 for […]

Dec 10 Reuters The PGA Tour said on Sunday that it has unanimously decided to advance discussions with Strategic Sports Group SSG, a consortium of U.S.based sports team investors that includes Fenway Sports Group. The PGA Tour Policy Board selected SSG to further negotiate with, even as talks with the Saudi Arabia39;s Public Investment Fund […]

Reuters An investor group consisting of Arkhouse Management and Brigade Capital has made a 5.8 billion offer to take department store chain Macy39;s private, according to a person familiar with the matter on Sunday. Arkhouse Management, a realestate focused investing firm, and Brigade Capital Management, a global asset manager, submitted a proposal to acquire the Macy39;s […]

JAKARTA, Dec 11 Reuters China39;s TikTok has agreed to spend 840 million to buy most of Indonesian tech conglomerate GoTo39;s ecommerce unit a move that appears to allow it to restart its online shopping business in Southeast Asia39;s largest economy. It also said it will invest further in the business, Tokopedia, which is Indonesia39;s biggest ecommerce […]