Nicholas Charles Statman

Reliance’s digital unit wins Qualcomm backing in boost to 5G plans – Reuters India

NEW DELHI (Reuters) – India’s Reliance Industries said on Sunday Qualcomm Inc’s investment arm will buy a 0.15% stake in its digital unit Jio Platforms for 7.3 billion rupees ($97.1 million). The p…

Exclusive: HSBC’s global equities boss Hossein Zaimi to leave bank – Reuters

LONDON/HONG KONG (Reuters) – HSBC’s (HSBA.L) global equities chief Hossein Zaimi is leaving the bank, sources said on Friday, in the latest revamp of the lender’s embattled investment banking operati…

Blackrock trims stake in Spanish takeover target MasMovil – Reuters

MADRID (Reuters) – U.S. investment fund BlackRock (BLK.N) trimmed its stake in Spanish telecom operator MasMovil MAS.MC to 4.27% from 5.7% over the past week, regulatory filings showed. The move co…

Net4Gas scales back Poland, Austria interconnector plans – Reuters.com

PRAGUE (Reuters) – Czech gas pipeline operator Net4Gas has delayed and scaled back plans for new interconnections with Poland and Austria, the firm’s updated investment plans shows. Net4Gas ships m…

Tunisia’s investment minister says economy will shrink by 6.5% this year – Reuters UK

TUNIS (Reuters) – Tunisia’s economy will shrink by 6.5% this year because of the effects of the COVID-19 pandemic, the investment minister, Slim Azzabi, said on Monday. Tunisia ended all restrictio…

Ryanair to challenge Portugal’s TAP bailout in EU courts – Reuters UK

DUBLIN (Reuters) – Ryanair (RYA.I) said on Friday it will challenge the Portuguese government’s investment in ailing flag carrier TAP in the European courts, arguing that it is “illegal state aid”. …

Indonesia says trade, investment deal with Australia takes effect – Reuters India

JAKARTA (Reuters) – An Indonesia-Australia deal that eliminates most trade tariffs between the two nations and aims to open up investment, took effect on Sunday, Indonesia’s Trade Ministry said. Th…

Digital music provider Artlist raises $48 million led by KKR – Reuters

JERUSALEM (Reuters) – Israel’s Artlist, a provider of royalty free digital music, said on Monday it raised $48 million in a private funding round led by investment firm KKR. Existing investor Eleph…

BlackRock upgrades European stocks to ‘overweight’ on economic restart – Reuters

LONDON (Reuters) – The BlackRock Investment Institute said on Monday it has upgraded European equities to “overweight”, with the region poised to benefit from economies restarting after the coronavir…

MOVES-Credit Suisse taps Santangelo as global co-head of healthcare – Reuters UK

June 29 (Reuters) – Credit Suisse Group AG has named Rob Santangelo as a global co-head of its healthcare investment banking group, according to a memo seen by Reuters on Monday. Santangelo, who is…