Reuters UK

MILAN (Reuters) – A consortium of private equity funds led by Carlyle Group is ready to take a stake of less than 10% in a new media company holding Serie A’s broadcasting rights, a copy of the consortium’s letter seen by Reuters showed on Monday. The …

(Reuters) – Shares of LogicBio Therapeutics skyrocketed on Monday after Britain’s AstraZeneca’s said it would buy the U.S.-based gene therapy developer at a rare 660% premium for $68 million. LoigBio’s shares, which have traded below $1 since February,…

TRIPOLI (Reuters) -Libya’s Tripoli government signed a preliminary deal on energy exploration on Monday, prompting Greece and Egypt to say they would oppose any activity in disputed areas of the eastern Mediterranean. Libya’s eastern-based parliament, …

By David Shepardson WASHINGTON (Reuters) – General Motors Co said Monday it is ramping up its electric vehicle assembly plans, hiking production of the EV Chevrolet Bolt and other vehicles. GM reported its highest quarterly sales of the Chevrolet Bolt …

MILAN (Reuters) – Italy on Monday froze some real estate properties owned by two Russian oligarchs in the luxurious seaside resort of Portofino, in Sirmione on Lake Garda and in Rome, two sources with direct knowledge of the matter said. Guardia di Fin…

(Reuters) – U.S. chipmaker Nvidia Corp said on Monday it is ceasing all activities in Russia and giving employees there the option of continuing their jobs in other countries. “After previously suspending shipments to the country, we had continued to m…

By Andrew Chung WASHINGTON (Reuters) – The U.S. Supreme Court, which expanded gun rights in a major decision in June, on Monday declined to hear a challenge to a federal ban on devices called “bump stocks” that enable semi-automatic weapons to fire lik…

(Reuters) – Credit Suisse is in the throes of one of the biggest challenges in its history, hurt by a slump in stock price and the worsening of a key gauge of its credit risk ahead of a planned revamp. The bank is battling market skepticism about its f…

By Pete Schroeder WASHINGTON (Reuters) -U.S. stocks and oil prices jumped on Monday as investors kicked off the final quarter of the year with a close eye on any potential economic slowdown. All three major U.S. stock indices were up in midday trading,…

By Emma Farge GENEVA (Reuters) -A United Nations agency warned on Monday of the risk of a monetary policy-induced global recession that would have especially serious consequences for developing countries and called for a new strategy. “Excessive moneta…