Italy’s government will seek commitments from Vitol on jobs, investments and continuity of supplies when vetting the global commodity trader’s plan to take over oil refiner Saras , two sources familiar with the matter said on Monday.
Investments to new hedge funds in 2023 fell to new lows, while established hedge funds hiked fees to the highest on record, said a client report by Goldman Sachs dated Friday and seen by Reuters on Monday.
Building material supplier Martin Marietta said on Monday it would acquire 20 active aggregates operations of Blue Water Industries for $2.05 billion in cash.
The French government said on Monday it was halting for the rest of this year a programme to subsidise low earners leasing an electric car, after demand far exceeded initial plans.
U.S. stock index futures were subdued on Monday following a strong close to the previous week, with focus on a slew of economic data points which could clear out some uncertainty on the outlook for interest rate cuts.
The National Highway Traffic Safety Administration (NHTSA) said on Monday it was closing an engineering analysis to investigate failure claims for the power steering assist feature on some 2010 Ford Fusion sedans.
North American companies ordered about a third fewer robots last year as worries about a slowing economy and higher interest rates made it harder to justify buying the advanced machines, the first hiccup in five years in what has been a steady progression of the robot invasion of the region’s workforce.
New York Community Bancorp’s exposure to commercial real estate has intensified investor scrutiny around regional banks, with some expecting more pain for those with office and multifamily property loans.
