Source news

reuters News

20 stories

Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:** Deutsche Bank XETR:DBK said that Kotak Mahindra Bank NSE:KOTAKBANK would acquire its retail banking and wealth management business in India, as the German bank aims to streamline operations and redeploy…

Reuters en
StocksDE
NEWS reuters

ADNOC mulls changes to pricing mechanism for offshore oil grades, sources say

Abu Dhabi National Oil Co plans to change the pricing mechanism for three of its crude grades sold in long-term contracts to the Dubai benchmark from the Murban futures contract, three sources familiar with the matter said on Tuesday.The grades are the offshore Upper Zakum, Das and Umm Lulu crudes…

Reuters en
Futures
reuters

Toronto stocks open higher, set for eighth quarter of gains in a row

Canada's main stock index opened higher on Tuesday, on course for an eighth straight quarter of gains, as higher commodity prices and easing geopolitical tensions lifted sentiment.The Toronto Stock Exchange's S&P/TSX Composite Index TSX:TSX was up 0.10% at 34,860.15 points.

Reuters en
index
NEWS reuters

Ukraine's current account gap widens to $18.1 billion in Jan-May, central bank says

Ukraine's current account deficit widened to $18.1 billion in the first five months of the year compared with a deficit of $12.9 billion in the same period a year ago, the central bank said on Tuesday.The central bank said in a statement the current account deficit stood at $3.65 billion in May 202…

Reuters en
Economy

Wall St subdued at open on final trading day of strong quarter

Wall Street's main indexes opened flat on Tuesday, the final trading day of a quarter that saw equities post the biggest gains in years.The Dow Jones Industrial Average DJ:DJI fell 14.6 points, or 0.03%, at the open to 52,168.18. The S&P 500 CBOE:SPX fell 0.8 points, or 0.01%, at the open to 7,441…

Reuters en
index
NEWS reuters

Analysts raise 2026 Russian inflation forecast as fuel shortages push prices up

Analysts have raised their forecasts for Russian inflation in 2026, according to a Reuters poll, as fuel shortages across the country push prices higher.Analysts saw full-year inflation at 5.7% compared to 5.5% in May's poll. They also cut their 2026 economic growth forecast for Russia to 0.6% from…

Reuters en
Economy