U.S. refiner Citgo taking offers on $1.8-billion, three-year loan: sources

The Citgo Petroleum Corporation headquarters are pictured in Houston, Texas, U.S., February 19, 2019. REUTERS/Loren Elliott (Reuters) – Citgo Petroleum, the U.S.-based subsidiary of Venezuelan state-run oil firm PDVSA,... Read more »

PG&E close to reshaping leadership with investor backing: WSJ

(Reuters) – PG&E Corp is close to naming a new chief executive officer and revamping its board backed by some of its largest investors, the Wall Street Journal said... Read more »

Equity funds see biggest weekly inflows in a year: BAML

LONDON (Reuters) – Investors plowed $14.2 billion into global equity funds this week, the largest amount in a year as investors jumped on to 2019’s stock market rally, Bank... Read more »

SEC sues Volkswagen, Winterkorn, citing ‘Dieselgate’ fraud on investors

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission sued Volkswagen AG and its former chief executive Martin Winterkorn over the German automaker’s diesel emissions scandal, accusing the company... Read more »

PRESS DIGEST- British Business – March 11

March 11 – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.... Read more »

OxyContin maker Purdue Pharma loses bid to delay opioid epidemic trial

March 8 (Reuters) – OxyContin maker Purdue Pharma LP and two other drugmakers on Friday lost a bid to delay a landmark trial set for May in a lawsuit... Read more »

Worst start to year for equity flows since 2008: BAML

LONDON (Reuters) – A $10 billion wipeout over the last week has compounded the worst start to a year for equity flows since 2008, Bank of America Merrill Lynch... Read more »

PRESS DIGEST- British Business – March 8

March 8 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their... Read more »

Japan’s Orix, Bain Capital in talks to buy problem Turkish loans – sources

ISTANBUL, March 6 (Reuters) – Japanese financial services group Orix Corp and U.S. private equity firm Bain Capital are in talks to invest in non-performing loans (NPLs) at Turkish... Read more »

Investor Cerberus open to Deutsche Bank merger with Commerzbank: source

FRANKFURT (Reuters) – U.S. investor Cerberus, a major shareholder in both Deutsche Bank and Commerzbank, is open to a merger between Germany’s two biggest lenders, a person familiar with... Read more »