Caterpillar eyes energy transition as growth driver for mining business

People visit heavy machinery of Caterpillar at Bauma China, the International Trade Fair for Construction Machinery in Shanghai, China November 27, 2018. REUTERS / Aly Song / Files Register now for FREE unlimited access to Register DALLAS, May 17 (Reuters) – Construction equipment maker Caterpillar Inc (CAT.N) believes demand for critical minerals as the … Read more

Enel eying US market for grid business

MILAN, May 16 (Reuters) – Italy’s Enel (ENEI.MI) is keeping an eye on the United States for the development of its power distribution grids business as it presses ahead with plans to expand its digital footprint. “I personally would like to have a grid in the US … it makes sense for us,” the group’s … Read more

Adani acquires controlling stake in Holcim’s India business in $ 10.5 billion deal

The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS / Amit Dave / File Photo Register now for FREE unlimited access to Register May 15 (Reuters) – India’s Adani Group acquired a controlling stake in Holcim AG’s … Read more

Deutsche Bank not financing controversial African oil pipeline, source says

The logo of Deutsche Bank is pictured on a company’s office in London, Britain July 8, 2019. REUTERS / Simon Dawson Register now for FREE unlimited access to Register FRANKFURT, May 15 (Reuters) – Deutsche Bank (DBKGn.DE) is not financing a pipeline in Africa that environmental campaigners have said will displace thousands of families … Read more

Sage says small business customers remain ‘resilient’

H1 recurring revenue rises 8%, on track for year H1 operating profit meets expectations with 4% rise Says small business customers remain confident LONDON, May 13 (Reuters) – British software company Sage (SGE.L) said momentum in its cloud business would keep organic recurring revenue motoring in the second half as its customers turn to its … Read more

Guest view: Blue finance can save Asia’s oceans

A plastic bottle drifts on the waves of the sea at a fishing port in Isumi, east of Tokyo, Japan November 21, 2018. REUTERS / Issei Kato – RC1B9B07A350 Register now for FREE unlimited access to Register WASHINGTON, May 12 (Reuters Breakingviews) – The plastic water bottle has become almost ubiquitous. Maybe you have … Read more

Financial giants tiptoe into TikTok

The TikTok logo is pictured outside the company’s US head office in Culver City, California, US, September 15, 2020. REUTERS / Mike Blake Register now for FREE unlimited access to Register NEW YORK, May 12 (Reuters) – As TikTok accounts focused on money gain huge followings, stodgy financial firms are wedging themselves into youth-oriented … Read more

Twitter ad business could surge as advertisers pin hope on Musk

Elon Musk arrives at the In America: An Anthology of Fashion themed Met Gala at the Metropolitan Museum of Art in New York City, New York, US, May 2, 2022. REUTERS / Andrew Kelly Register now for FREE unlimited access to Register May 11 (Reuters) – Elon Musk’s $ 44 billion deal to take … Read more

Analysis: Markets must face up to tightening financial conditions

A specialist trader works inside his post on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 10, 2022. REUTERS / Brendan McDermid / Files Register now for FREE unlimited access to Register May 9 (Reuters) – Already sitting on double-digit losses this year, stock market investors must … Read more

Lufthansa examines ITA Airways as finance data opened to bidders

FRANKFURT, May 5 (Reuters) – Lufthansa (LHAG.DE) and its partner MSC have been looking at financial data opened up by state-owned ITA Airways to see if the Italian airline would make a good strategic acquisition, the German carrier’s chief executive said on Thursday. Prospective bidders for ITA Airways have had access to its finance data … Read more