Exclusive-Apollo seeks to take majority stake in SAS’s Chapter 11 rescue plan – sources

By Jacob Gronholt-Pedersen, Greg Roumeliotis and Marie Mannes COPENHAGEN/NEW YORK (Reuters) -U.S. asset manager Apollo Global Management Inc plans to apply for approval from Swedish and Danish regulators to take a majority stake in SAS AB as part of the Scandinavian airline’s rescue plan, a source familiar with the matter said. The news of interest …

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Indonesia finance minister calls for cautious approach toward easing inflation

By Choonsik Yoo and Jihoon Lee INCHEON, South Korea (Reuters) – Inflation is cooling rapidly in countries including Indonesia but policymakers should consider diverse factors driving the price changes after rapid rises last year, the country’s finance minister told Reuters on Wednesday. Minister Sri Mulyani Indrawati also said in an interview that Southeast Asia’s largest …

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UBS pretende cerrar la compra de Credit Suisse a finales de mayo o principios de junio -CEO

ZÚRICH (Reuters) – El consejero delegado de UBS, Sergio Ermotti, dijo el miércoles que el banco suizo estaba trabajando para cerrar su fusión con Credit Suisse a finales de mayo o principios de junio. En su intervención en la conferencia Finanz ’23 en Zúrich, Ermotti también repitió la línea de su banco de que todas …

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Brookfield, Tata in talks to invest in India’s Nexus Malls IPO – sources

By M. Sriram and Rama Venkat BENGALURU (Reuters) -Brookfield Asset Management and Tata Group are in talks to invest in the upcoming initial public offering (IPO) for Nexus Malls, betting that the Indian real estate investment trust will benefit from a rise in the country’s consumption levels, two sources told Reuters. The IPO, the first-ever …

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Magnitude 5.6 earthquake strikes Hindu Kush region, Afghanistan – EMSC

(Reuters) – A magnitude 5.6 earthquake struck the Hindu Kush region in Afghanistan on Wednesday, the European Mediterranean Seismological Centre (EMSC) said. The quake was at a depth of 188 km (116.81 miles), EMSC said. (Reporting by Nilutpal Timsina in Bengaluru; Editing by Andrew Heavens)

Singapore’s Keppel revamps, aims to manage $150 billion of assets by 2030

By Sameer Manekar and Yantoultra Ngui SINGAPORE (Reuters) -Singapore’s Keppel Corp said on Wednesday it would transform itself into an asset manager overseeing $150 billion by 2030 and focusing on green energy, betting it would provide more stable revenue streams and earnings. The plan, which would quadruple its managed assets and see it operate more …

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DIHK senkt Exportprognose – “Laues konjunkturelles Lüftchen”

Berlin (Reuters) – Hohe Inflation, steigende Zinsen, zunehmender Protektionismus: Die Deutsche Industrie- und Handelskammer (DIHK) hat ihre Prognose für das Exportwachstum in diesem Jahr trotz der wieder besser funktionierenden Lieferketten mehr als halbiert. Die deutschen Ausfuhren dürften inflationsbereinigt (real) lediglich um ein Prozent zulegen, sagte DIHK-Außenwirtschaftschef Volker Treier am Mittwoch in Berlin. Bislang war ein …

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