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THOMSON REUTERS JOINT VENTURE KKR
Iran, Oman agree shipping route through Strait of HormuzIran and Oman have agreed on shipping route coordinates for the Strait of Hormuz. A joint announcement is being finalized, provided no thir...- Thomson Reuters lifts full-year revenue forecast with focus on AI rolloutThomson Reuters has revised its full-year organic revenue outlook, now anticipating an increase of around eight percent. The company witnes...
- Global Market: Bessent's BOJ comments raise expectations of September rate hike, spark independence concernsUS Treasury Secretary's comments boost expectations for a Bank of Japan rate hike. Market watchers anticipate a potential increase at the S...
- Baroda BNP MF names Madhu Nair as new CEOMadhu Nair has been appointed the new chief executive officer of Baroda BNP Paribas Mutual Fund. He will succeed Sanjay Grover, who served ...
- SpaceX's satellite ambitions squeeze out rivals reliant on its rocketsSpaceX is increasingly reserving rocket space for its own Starlink satellites. This trend is crowding out rival space companies that rely o...
- Global Market: US-Japan coordinated yen intervention raises pressure on bears, but BOJ policy holds the keyThe first coordinated US-Japan yen-buying intervention in 15 years has triggered a sharp rebound in the Japanese currency, squeezing bearis...
- Global Market: Hong Kong launches offshore Chinese government bond futures to boost Yuan internationalisationHong Kong has launched the world's first offshore Chinese government bond futures, providing global investors with a new tool to hedge inte...
- Global Market: Japan stocks slide as stronger Yen hits exporters; Nikkei drops Over 2%Japanese stocks tumbled as a sharp rally in the yen weighed on export-oriented companies, with the Nikkei falling over 2%. Auto and chip st...
- Global Market: Japan, US confirm coordinated yen intervention to stem currency slideJapan's finance ministry confirmed that Tokyo and Washington jointly intervened in currency markets to support the yen for the first time s...
- Longevity of partners matters most in a Joint Venture: Tata Trusts Chairman Noel TataNoel Tata highlighted partner chemistry as key to successful joint ventures. He also outlined Tata Trusts' future plans for institution-bui...
- Japan to announce Tokyo, Washington took joint action on yen: ReportJapan's Finance Minister plans to reveal a cooperation with Washington regarding currency market interventions aimed at arresting the yen's...
- FIFA studying impact of expanding World Cup to 64 teams for 2030 editionFIFA is studying a potential expansion of the World Cup to 64 teams. This analysis will determine the impact of increasing the number of pa...
- Syrma SGS plans JV with Kaga Electronics; Q1 net profit doublesThe two companies formed the joint venture in June to set up an advanced EMS manufacturing facility at Syrma's existing plant in Haryana, M...
- Texmaco, TrinityRail and Touax to invest Rs 2000 crore to boost rail lease businessThree companies will invest Rs 2,000 crore over three years for new wagons. This investment will procure approximately 6,500 wagons for pri...
- SAIL, Krakatau Steel plan $350 million investment in stainless steel plantIndia's Steel Authority of India and Indonesia's Krakatau Steel will invest $350 million. A new stainless steel slab plant in Indonesia wil...
- Iran rules out Oman's proposal for regional joint management of Hormuz Strait, senior Iranian official tells ReutersIran has rejected Oman's proposal for joint management of the Strait of Hormuz. A senior Iranian official stated the plan has no chance of ...
- Orange, Morrison plan French data centre venture to meet AI demandThe 50-50 venture would target 400 megawatts of capacity, nearly 10 times Orange's current level, and would be supported by a €3 billion ...
- Ice Make Refrigeration partners with Japan's Galilei Holdings for strategic investment, JVThe company will also explore inorganic growth opportunities in allied sectors. Funds will support capacity expansion and debt repayment in...
- Kuwait's KPC signs $16 billion lease & leaseback deal with Blackstone, KKR, Brookfield for oil pipeline networkKuwait Petroleum Corporation has signed a significant $16 billion deal for its crude oil pipeline network. This landmark agreement involves...
- Thomson Reuters to sell 51% stake in global print business to KKR for $500 millionThomson Reuters plans to divest its majority stake in the Global Print business to KKR, enabling a renewed focus on core operations. Set to...
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