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October 2, 2021 (Reuters) – Morrisons, Britain’s fourth-largest supermarket group, is the subject of the country’s most high-profile takeover battle with a raft of bids and counter bids reflecting private equity’s appetite for UK Plc. Here is a timeline of events so far. June 19 Morrisons rejects a proposed 5.52 billion pound ($7.43 billion)cash offer […]

October 2, 2021 LONDON (Reuters) – Clayton, Dubilier & Rice (CD&R) has won the auction for Britain’s Morrisons with a 7 billion pound ($9.5 billion) bid, paving the way for the U.S. private equity firm to take control of the UK’s fourth biggest supermarket group. The Takeover Panel, which governs M&A deals in the UK […]

October 2, 2021 BERLIN (Reuters) – The head of Volkswagen’s works council wants the carmaker to bring forward production of electric vehicles at its main plant in Wolfsburg to 2024 make it more competitive, a newspaper reported on Saturday. The Braunschweiger Zeitung quoted works council chief Daniela Cavallo as saying a global chip shortage and […]

October 2, 2021 MILAN (Reuters) – U.S. Climate Envoy John Kerry said on Saturday that Egypt had already been selected as the nominee to host the COP27 U.N. climate conference due to take place next year. Each year, a country representing a different region of the world takes over the presidency of the Conference of […]

October 2, 2021 (Reuters) – New Zealand officials reported 27 new cases of the highly infectious Delta coronavirus variant in Auckland on Saturday, as protestors took to the streets to rally against an almost two-month lockdown in the country’s biggest city. Auckland’s 1.7 million residents are expecting a government decision on Monday about whether it […]

October 2, 2021 TAIPEI (Reuters) – A further 20 Chinese air force planes entered Taiwan’s air defence zone on Saturday, the defence ministry in Taipei said. That followed an incursion by 38 Chinese aircraft on Friday, the largest reported to date. (Reporting by Ben Blanchard; Editing by Andrew Heavens) Source Link Taiwan says further 20 […]

October 2, 2021 (Reuters) – A consortium of investors has agreed terms to acquire a majority controlling stake in Premiership side Saracens for 32 million pounds ($43 million), the club said on Saturday. Saracens, four times Premiership champions and three times European Cup winners in the last five years, were relegated last season as punishment […]

October 2, 2021 MUMBAI (Reuters) – India’s Zee Entertainment Enterprises said on Saturday it had filed a petition in court against a notice issued by two institutional investors pushing the media company to call for a meeting of shareholders. Zee’s board on Friday rejected calls from Invesco Developing Markets Fund and OFI Global China Fund […]

October 2, 2021 MILAN (Reuters) – Coal mining is on its way out and will play a minor role post 2040 as countries speed up efforts to cut greenhouse gas emission to tackle climate change, European Commissioner for Climate Action Frans Timmermans said on Saturday. Speaking at the pre-COP26 climate talks in Milan, Timmermans said […]

October 2, 2021 PARIS (Reuters) – Former French President Nicolas Sarkozy on Saturday played down his conviction for illegal campaign financing over his failed 2012 re-election bid, suggesting many people in France had doubts about this week’s guilty verdict. Sarkozy, 66, made his first public comments on the conviction – his second this year – […]

October 2, 2021 By Joseph Ax and Jason Lange (Reuters) – When Republican-controlled states such as Texas and Florida gained U.S. House of Representative seats thanks to 2020 census data showing their populations are booming, it appeared Democrats were in for another bleak redistricting cycle. But the census also found that most of the nation’s […]

October 2, 2021 Luis Quijada came on in relief with runners at the corners and no outs in the seventh inning and struck out the next three hitters as the visiting Los Angeles Angels damaged the Seattle Mariners’ playoff hopes with a 2-1 victory Friday. Brandon Marsh hit a two-run double in the third inning […]

October 2, 2021 PARIS (Reuters) -French Foreign Minister Jean-Yves Le Drian will hold talks with United States’ Secretary of State Antony Blinken on Oct 5, as the two countries aim to rebuild diplomatic ties in the wake of a row over a lucrative submarine contract which France lost. “The two ministers will hold in-depth talks, […]

October 2, 2021 DUBAI (Reuters) – S&P Global Ratings said on Saturday it had revised its outlook on Oman to positive from stable due to higher oil prices and fiscal reform plans that are expected to narrow state deficits and slow a rise in debt levels over the next three years. The ratings agency affirmed […]

October 2, 2021 KUALA LUMPUR (Reuters) – Malaysia is in talks to procure an experimental antiviral pill developed by Merck & Co for COVID-19 treatment, the health minister said on Saturday. Health Minister Khairy Jamaluddin said in a tweet that he has started negotiations to procure the new drugs, referring to a Reuters story on […]

October 2, 2021 By Ruma Paul (Reuters) -Bangladesh’s foreign minister vowed “stern action” on Saturday against the killers of Rohingya refugee leader Mohib Ullah as calls grew to investigate his shooting. Mohib Ullah, who was in his late 40s, was killed https://ift.tt/3uwzItd by unknown gunmen in a camp in Cox’s Bazar on Wednesday night. He […]

October 2, 2021 By Sarah Young and James Davey LONDON (Reuters) – An auction to decide who wins a $10 billion, six-month battle for British supermarket chain Morrisons begins on Saturday, with the result expected to be announced later. The one-day auction pits U.S. private equity group Clayton, Dubilier and Rice (CD&R) against a consortium […]

October 2, 2021 DUBLIN (Reuters) – Ireland does not expect Britain to trigger a clause in Northern Ireland’s fraught post-Brexit trading deal to unilaterally jettison some of its terms, Foreign Minister Simon Coveney said. Prime Minister Boris Johnson said on Friday it was possible the British government would trigger “Article 16” if the European Union […]

October 2, 2021 By Michael Church HONG KONG (Reuters) – Coach Graham Arnold has said he will not force anyone to play for Australia over other nations as he revealed Gianni Stensness has yet to receive official clearance to complete his switch from New Zealand to the Socceroos. Stensness declared last week his intention to […]

October 2, 2021 (Reuters) – All-rounder Ellyse Perry became the first Australian woman to take 300 international wickets after she dismissed India’s Pooja Vastrakar on day three of the four-day pink-ball test on the Gold Coast on Saturday. Perry sent off Vastrakar (13) in the 143rd over as Beth Mooney pulled off a stunning catch […]