NEW DELHI, Reuters India39;s antitrust body has turned down a request from Apple to put a hold on an investigation report which found the company breached competition laws, allowing the case to continue, an internal order from the regulator seen by Reuters showed. The Competition Commission of India CCI in August ordered a recall of investigation reports after Apple said the […]

Northvolt cofounder urges EU not to give up EV battery dream Firm has filed for bankruptcy protection, needs 1.01.2 bln EU hopes hit by weak EV sales, production issues, China strength STOCKHOLMGDANSK, Nov 25 Reuters Northvolt39;s financial collapse deals a blow to Europe39;s plan to set up its own battery industry to power electric cars, […]

IPO freeze, economic issues lead to rise in redemption requests Founders responsible for redemption; startups risk failure 14,000 startups at risk of refund requests, law firm estimates Startups39; predicament challenges China39;s selfsufficiency drive Redemption rights offer protection, investor says Nov 25 Reuters Chinese startups are increasingly struggling with demands from earlystage venture capitalists to return […]

Bid comes after UniCredit built large Commerzbank stake Banco BPM has always been a target for UniCredit Banco moving to bring inhouse asset manager Anima Banco bought stake in rival MPS this month from Rome govt MILAN, Nov 25 Reuters Italy39;s UniCredit on Monday launched a surprise 10 billion euro 11 billion allshare offer for smaller […]

MADRID, Nov 25 Reuters Private equity investor Blackstone plans to list shares of Spanish gambling company Cirsa in the first half of 2025 in an initial public offering, local newspaper Expansion reported on Monday, citing unidentified market sources. Blackstone would raise between 700 million euros and 1 billion euros 732 million to 1.1 billionfloating between 20 […]

MILAN, Nov 25 Reuters UniCredit Chief Executive Andrea Orcel said on Monday relations with Amundi, Europe39;s biggest asset manager, were solid after the group launched a buyout bid for smaller peer Banco BPM. UniCredit is the biggest partner of Amundi in Italy. The Banco BPM bid can lead UniCredit to owning fund manager Anima. The Amundi […]

Anglo expected to spin out Amplats by mid2025 Sale comes days before expiry of BHP 6month freeze on approach Anglo shares rise 2.4 LONDONMELBOURNE Nov 25 Reuters Anglo American agreed on Monday to sell its remaining Australian steelmaking coal mines to Peabody Energy for up to 3.78 billion in cash, the first major disposal in a wider […]