Feb 27, 2024
US court gets 12 preliminary bids in Citgo share auction

By Marianna Parraga and Tom Hals HOUSTON/WILMINGTON (Reuters) -A U.S. court is weighing 12 initial bids from private investment funds and companies participating in an auction of shares of refiner Citgo Petroleum's parent, a court officer said on Tuesday, a…

Feb 27, 2024
Norwegian Cruise forecasts upbeat Q1 profit on record demand

By Doyinsola Oladipo and Ananya Mariam Rajesh (Reuters) - Norwegian Cruise Line Holdings forecast a first-quarter profit above Wall Street estimates on Tuesday, as it controls costs and benefits from higher ticket prices and steady demand for cruises globally, sending…

Feb 26, 2024
Sweden clears final hurdle to join NATO as Hungary approves accession

By Krisztina Than and Niklas Pollard BUDAPEST/STOCKHOLM, Reuters -Hungary's parliament approved Sweden's NATO accession on Monday, clearing the last hurdle before the historic step by the Nordic country whose neutrality lasted through two world wars and the simmering conflict of…

Feb 26, 2024
Biden, Trump to visit U.S.-Mexico border on same day

By Steve Holland and Tim Reid WASHINGTON (Reuters) -Joe Biden and Donald Trump will visit the U.S.-Mexico border on the same day this week, highlighting how illegal immigration has become one of the most important issues as they look towards…

Feb 26, 2024
Chinese companies axe IPO plans amid listing scrutiny

SHANGHAI/SINGAPORE (Reuters) - Companies have scrambled to scuttle plans for initial public offering in China this year as the securities watchdog tightens rules on share listings in a bearish market. Forty-seven companies pulled their listing plans from China's stock exchanges…