Deal Financial News

trade deal, but it's not a given. These things are a lot of work and a lot of time. We need to end up with something that works genuinely for both sides," Mirror quoted him as saying while enroute to India.

Joe Biden is en route to the G20 conference in New Delhi, India, where he is scheduled to hold discussions with Indian Prime Minister Narendra Modi and possibly meet with Saudi Crown Prince Mohammed bin Salman. The proposed multinational infrastructure deal holds significant strategic importance.

₹2,927.95 in morning trade on BSE on Friday. The stock opened at ₹2,885.05 against the previous close of ₹2,847.05 and rose 2.8 per cent to its one-year high. The market capitalisation of the stock rose over ₹4 lakh crore mark on the BSE.

London | On Wednesday evening (Thursday AEST), the cargo ship Port Macao sailed up the Thames River and berthed at the modest wharf beside Tate & Lyle’s sugar refinery – one of the last industrial buildings still standing, and working, in London’s docklands.

Private equity giant KKR is gearing up for a run at a40 per cent stake in Queensland Airport Limited, the owner of airports in Gold Coast, Townsville, Mount Isa and Longreach, which is up for sale via Barrenjoey.

Talks between Chevron and labour unions in Australia are set to drag into Friday — keeping natural gas markets on edge — as unions said a deal to avert strikes is unlikely.

labour market for Indian workers. However India's High Commissioner to Britain Vikram Doriaswamy said that the notion India wanted more visas had been in the British press but not in Indian media.

The head of the United Auto Workers warned that the union plans to go on strike against any Detroit automaker that hasn’t reached a new agreement by the time contracts expire next week

Zomato climbed 3% to Rs 101 in Thursday's trade on BSE amid reports of a block deal executed on the counter. As per reports, on Thursday, 12 lakh equity shares of Zomato changed hands in a block deal. The buyers and sellers in the deal are not known. According to the latest shareholding pattern available with the exchanges, as of 30 June 2023, 97.91% of the company's shareholding is with the public, and 2.09% with the employee trust. At 11.15 a.m., the stock was trading 1.7% higher at Rs 99.8 over its last day's closing price of Rs 98.2 apiece.

Transport Minister Catherine King has promised to deal with anti-competitive behaviour by airlines at the country’s largest airport “shortly”, after releasing a report into aviation that acknowledges competition concerns but provides little in the way of solutions.

Rishi Sunak has given the go-ahead for his officials to finalise a deal allowing Britain to re-join the European Union's Horizon scientific research program, Bloomberg reported on Wednesday. Under a trade agreement signed at the end of 2020, Britain had negotiated access to a range of science and innovation programmes, including Horizon — a 95.5 billion euro ($97 billion) programme that offers research grants and projects. But it was locked out of Horizon as a result of a tit-for-tat dispute over how the Brexit agreement was being implemented. London and Brussels settled their dispute over post-Brexit trade rules governing Northern Ireland in February, and the UK has since been negotiating with the EU over rejoining Horizon. The report, which cited unnamed sources familiar with the matter, said a deal could be announced as soon as this week, as only minor details remained to be ironed out. Britain's science ministry was not immediately available for comment.

(Reuters) -Comcast has extended the date for the sale or purchase of its remaining stake in Hulu to Disney to Sept. 30 next year, CEO Brian Roberts said on Wednesday.

SAO PAULO (Reuters) -Brazil's Foreign Relations Minister Mauro Vieira said on Wednesday the Mercosur bloc of Brazil, Argentina, Paraguay and Uruguay has already sent the European Union their position on an European addendum to their long-awaited trade agreement.

UBS executives are concerned with the fees Credit Suisse agreed to pay to Apollo Global Management.

Albemarle boss Kent Masters says the battery chemical giant is already eyeing the need for a new lithium hydroxide plant as part of its $6.6 billion takeover of Liontown Resources.

It’s a transaction that would be commonplace for a corporation or a sports team, but it’s the kind of deal that is practically unheard of in the nonprofit sector

Competition Commission of India (CCI) has sought to widen the definition of deal value for big-ticket merger and acquisition (M&A) exercise to include «every valuable consideration, whether direct or indirect, immediate or deferred, cash or otherwise», according to its draft Combinations Regulations 2023. Experts said such regulations, once finalised, will likely impact deals in sectors, including technology, infrastructure and healthcare, and lead to a surge in filings with the competition regulator.

Narendra Modi at the G7 Summit in Japan. Both the leaders had discussed progress on a India-UK free trade deal, Sunak's office said.

free trade agreement (FTA) talks with India are «progressing» and Britain will only agree to a pact that works for the whole of the United Kingdom, British Prime Minister Rishi Sunak told his ministers at a Cabinet meeting in London on Tuesday. Ahead of his first visit to India as UK Prime Minister to attend the G20 World Leaders' Summit in New Delhi later this week, Sunak updated his top team on the ongoing trade talks which have completed 12 rounds of negotiations. The British Indian leader described India as an «indispensable partner» of the UK across all spheres of bilateral cooperation, which he is keen to strengthen further. «He said negotiations around a free trade deal were progressing and that he would only agree an approach which worked for the whole of the UK,» notes a Downing Street readout of the Cabinet meeting. «The Prime Minister said India was an indispensable partner of the UK, both economically and in addressing the global challenges all democracies are facing.

By Svea Herbst-Bayliss and Helen Coster

FSN E-Commerce Ventures, which runs Nykaa, climbed over 4% to Rs 140.3 in Tuesday's intraday trade on BSE amid reports of a block deal executed on the counter. As per reports, 60.2 lakh equity shares changed hands in a block deal. The buyers and sellers in the deal are not known. As per the shareholding data available with the exchanges, a 52.28% stake in the firm is held by the promoter and promoter group, while the rest lies with the public as of June 30, 2023. At 12.40 pm, the scrip was trading 2.3% higher at Rs 137.9 over its last day's closing price of Rs 134.7 apiece.