Exclusive: Britain, South Korea extend tariff-free trade on goods with EU links

Exclusive: Britain, South Korea extend tariff-free trade on goods with EU links

[1/2]The city is illuminated at night in this general view of central Seoul August 13, 2013. REUTERS/Lee Jae-Won/File Photo Acquire Licensing Rights LONDON, Oct 16 (Reuters) – Britain and South Korea have agreed to extend a period of low or zero tariffs on bilateral trade of products with parts from the European Union, the British … Read more

Exclusive: Biden eyes adding AI chip curbs to Chinese companies abroad

Exclusive: Biden eyes adding AI chip curbs to Chinese companies abroad

Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing Rights Oct 12 (Reuters) – The Biden administration is considering closing a loophole that gives Chinese companies access to American artificial intelligence (AI) chips through units located overseas, according to four people familiar … Read more

Exclusive: Kenya plans $500 mln Eurobond buyback with new loans – cenbank governor

Exclusive: Kenya plans $500 mln Eurobond buyback with new loans – cenbank governor

A general view shows the Central Bank of Kenya headquarters building along Haile Selassie Avenue in Nairobi, Kenya November 28, 2018. REUTERS/Njeri Mwangi/File photo Acquire Licensing Rights MARRAKECH, Morocco, Oct 12 (Reuters) – Kenya is planning to buy back up to a quarter of its $2 billion 2024 international bond before year-end after it secures … Read more

Exclusive: Iraq to end all dollar cash withdrawals by Jan. 1 2024, central-bank official says

Exclusive: Iraq to end all dollar cash withdrawals by Jan. 1 2024, central-bank official says

BAGHDAD, Oct 5 (Reuters) – Iraq will ban cash withdrawals and transactions in U.S dollars as of Jan. 1 2024 in the latest push to curb the misuse of its hard currency reserves in financial crimes and the evasion of U.S. sanctions on Iran, a top Iraqi central bank official said. The move aims to … Read more

Exclusive: US-Saudi defence pact tied to Israel deal, Palestinian demands put aside

Exclusive: US-Saudi defence pact tied to Israel deal, Palestinian demands put aside

Defence pact won’t match Saudi wish for NATO-style deal U.S. source says pact could be like Bahrain agreement Washington may designate Saudi a Major Non-NATO Ally Deal with Israel could help reshape the Middle East Sept 29 (Reuters) – Saudi Arabia is determined to secure a military pact requiring the United States to defend the … Read more

Exclusive: Klaviyo leans towards raising IPO price range amid market euphoria

Exclusive: Klaviyo leans towards raising IPO price range amid market euphoria

NEW YORK, Sept 15 (Reuters) – Marketing automation firm Klaviyo Inc is in advanced discussions to raise the indicative price range of its initial public offering (IPO), people familiar with the matter said on Friday, as strong investor demand emboldens stock market hopefuls. Klaviyo, which is seeking an $8 billion fully diluted valuation at the … Read more

Exclusive: Sweden’s Embracer weighs options for Borderlands maker Gearbox Entertainment –sources

Exclusive: Sweden’s Embracer weighs options for Borderlands maker Gearbox Entertainment –sources

LONDON, Sept 11 (Reuters) – Embracer (EMBRACb.ST) is considering options for its U.S. game developer Gearbox Entertainment including a sale as Europe’s largest gaming company looks to shore up its finances, three people familiar with the matter told Reuters. The maker of a new Tomb Raider video game, whose shares are traded in Stockholm, is … Read more

Exclusive: SoftBank’s Arm eyes pricing IPO at top of range or above, sources say

Exclusive: SoftBank’s Arm eyes pricing IPO at top of range or above, sources say

A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights NEW YORK, Sept 10 (Reuters) – Arm, the chip designer owned by SoftBank Group Corp (9984.T), is getting close to securing enough investor support to attain the fully … Read more

Exclusive: U.S. sports league caps maker New Era prepares for IPO-sources

Exclusive: U.S. sports league caps maker New Era prepares for IPO-sources

Apr 29, 2023; Mexico City, Mexico; New Era caps on display during a MLB World Tour game at Estadio Alfredo Harp Helu. Mandatory Credit: Kirby Lee-USA TODAY Sports/File Photo Acquire Licensing Rights NEW YORK, Sept 7 (Reuters) – New Era Cap LLC, a supplier of major U.S. sports league headware, has kicked off preparations for … Read more