Reuters
Search documents
Exclusive: Japan warns Vietnam of job losses as Hanoi motorbike ban hits Honda
Reuters· 2025-10-21 05:19
Core Viewpoint - The Japanese government and leading manufacturers have expressed concerns that Vietnam's proposed ban on petrol-powered motorbikes in Hanoi may lead to job losses and disrupt a significant market valued at $4.6 billion [1] Group 1: Government and Manufacturer Concerns - The Japanese government has warned Vietnam about the potential negative impacts of the motorbike ban [1] - Top manufacturers in Japan are also voicing their apprehensions regarding the job losses that could result from this policy [1] - The market for petrol-powered motorbikes in Vietnam is substantial, estimated at $4.6 billion, highlighting the economic implications of the ban [1]
HSBC taps ex-NatWest executive to lead UK business, FT reports
Reuters· 2025-10-21 03:45
Core Insights - HSBC has appointed David Lindberg, a former NatWest executive, to lead its UK business as part of a leadership reshuffle under Chief Executive Georges Elhedery [1] Group 1 - The leadership change is part of HSBC's strategy to strengthen its UK operations [1] - David Lindberg's previous experience at NatWest is expected to bring valuable insights to HSBC [1]
KKR, Portugal's Quadrantis to buy minority stake in Fosun-owned Peak Reinsurance
Reuters· 2025-10-21 03:17
Core Insights - Global investment firm KKR and Portuguese private equity firm Quadrantis Capital will acquire a minority stake in Fosun International majority-owned Peak Reinsurance Company [1] Group 1 - KKR and Quadrantis Capital are entering into a partnership with Fosun International through this acquisition [1] - The acquisition reflects a growing interest in the reinsurance sector by private equity firms [1] - The deal signifies confidence in Peak Reinsurance Company's business model and growth potential [1]
US banks hunting for collateral to back $20 billion Argentina bailout, WSJ reports
Reuters· 2025-10-21 01:02
Group 1 - A coalition of U.S. banks, including JPMorgan Chase, Bank of America, and Goldman Sachs, is reluctant to extend a $20 billion loan to Argentina without guarantees or collateral [1]
Oil declines on oversupply fears
Reuters· 2025-10-21 00:53
Core Insights - Oil prices experienced a decline due to concerns over excess supply and potential demand risks linked to escalating tensions between the U.S. and China, the two largest oil consumers in the world [1] Supply Concerns - The market is facing worries about an oversupply of oil, which is contributing to the downward pressure on prices [1] Demand Risks - Tensions between the U.S. and China are raising concerns about future demand for oil, as both countries are significant consumers [1]
Phillips 66, Kinder Morgan eye new pipeline to bolster US West Coast fuel supply
Reuters· 2025-10-20 23:17
Phillips 66 and Kinder Morgan on Monday began soliciting shipper commitments for a proposed pipeline system that will move fuel from the Texas refining hub to bolster supplies in Arizona and Californi... ...
Venture Global ready to introduce natural gas into final part of Plaquemines LNG plant, filing shows
Reuters· 2025-10-20 23:14
Venture Global has asked federal regulators for permission to introduce natural gas by Thursday into the final block of its Plaquemines LNG plant, according to a regulatory filing on Monday. ...
Chip crunch: how the AI boom is stoking prices of less trendy memory
Reuters· 2025-10-20 23:01
The global rush by chipmakers to produce AI chips is tightening supply of less glamorous chips used in smartphones, computers and servers, spurring panic buying by some customers and a surge in their ... ...
Maersk tests Brazilian ethanol mix to make cleaner maritime fuel
Reuters· 2025-10-20 22:41
Core Viewpoint - Danish shipping company Maersk is testing a blend of Brazilian ethanol with methanol and marine diesel, referred to as "bunker," to further decarbonize its vessel engines [1] Group 1 - The initiative is part of Maersk's broader efforts to reduce carbon emissions in its operations [1] - The testing of this fuel blend aligns with the shipping industry's increasing focus on sustainable practices and alternative fuels [1]
Trump administration weighing Fannie, Freddie offering as soon as end-2025, FHFA director says
Reuters· 2025-10-20 22:27
U.S. President Donald Trump's administration is "opportunistically evaluating" a public offering for Fannie Mae and Freddie Mac, possibly as soon as end-2025, Federal Housing Finance Agency Director W... ...