Analysis: As British lender HSBC considers Canada unit sale, antitrust issues loom

Analysis: As British lender HSBC considers Canada unit sale, antitrust issues loom

TORONTO, Oct 5 (Reuters) – As British lender HSBC Plc explores a potential sale of its Canadian unit, lawyers and analysts say the country’s concentrated banking market could discourage big domestic banks from bidding as the government has charged the antitrust regulator to push for more competition. An HSBC deal would be the first big … Read more

Ajax blames summer sales for record defeat in Champions League

AMSTERDAM, Oct 5 (Reuters) – Ajax Amsterdam blamed the sale of key players in the close season for their record European loss after being thumped 6-1 at home by Napoli in the Champions League on Tuesday. Coach Alfred Schreuder and captain Dusan Tadic said Ajax were struggling after losing the likes of Antony, Lisandro Martinez, … Read more

Carbon recycler LanzaTech strikes financing deal with Brookfield

NEW YORK, Oct 3 (Reuters) – Carbon recycler LanzaTech NZ Inc has struck a deal with Brookfield Renewable Corp (BEPC.N) for a $500 million commitment by the investment firm to finance upcoming projects using LanzaTech’s technology, the companies told Reuters. The cash from Brookfield, provided through its Global Transition Fund, will be used to construct … Read more

Shell, Exxon launch joint sale of UK, Dutch North Sea assets – sources

Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 27 (Reuters) – Shell (SHEL.L) and Exxon Mobil (XOM.N) have launched a joint sale process of a large package of offshore natural gas assets in the southern UK and Dutch North Sea, three industry and banking sources said. The two companies have hired investment … Read more

EXCLUSIVE CVC, China’s Road King plans stake selldown in $3 bln toll business-sources

A worker adjusts a temporary electric cable on a nearly completed section of a toll road near the port in North Jakarta, Indonesia December 15, 2015. REUTERS/Garry Lotulung/File Photo Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Sept 21 (Reuters) – CVC Capital Partners has decided to sell its 25% stake in the … Read more

Markets body urges caution on shorter settlement in Europe

A trader works at the Frankfurt stock exchange in Frankfurt, Germany, February 22, 2022. REUTERS/Timm Reichert Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 21 (Reuters) – Halving settlement time for stock trades in Europe to one business day would be “challenging” and needs full analysis by regulators before any decision is … Read more

ING says power, autos finance on course to hit climate goal

The logo of ING bank is pictured at the entrance of the group’s main office in Brussels, Belgium September 5, 2017. REUTERS/Francois Lenoir/File Photo Register now for FREE unlimited access to Reuters.com Register Power emissions 23% below pathway to net-zero goal Those from residential real estate 3.2% above pathway Calls for joint action from clients, … Read more

Netherlands warns against EU carbon market fundraising plan

A coal-fired power station scheduled to shut down is seen from a cemetery in As Pontes, Spain, February 8, 2022. Picture taken February 8, 2022. REUTERS/Miguel Vidal/File Photo Register now for FREE unlimited access to Reuters.com Register BRUSSELS, Sept 6 (Reuters) – The Netherlands has warned other European Union countries that an EU plan to … Read more

Carlsberg Q2 sales below expectations as higher costs drag

A logo of Carlsberg beer is seen on the entrance of a pub in Brussels, Belgium March 10, 2016. REUTERS/Yves Herman/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register COPENHAGEN, Aug 17 (Reuters) – Danish brewer Carlsberg (CARLb.CO) on Wednesday reported second-quarter revenue below expectations as earnings were hit by higher commodity … Read more

German, French 2023 quarterly power contracts set highs in nervous market

Electricity transmission pylons can be seen near TGV high-speed train tracks in Villebon-sur-Yvette, near Paris, France, August 1, 2022. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register German Q2, 2023, Q3, 2023 and French Q3, 2023 at records Weather, gas and French nuclear factors cited Hot weather curbs cooling water, hampers barge … Read more