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A modified R-360 Neptune anti-ship cruise missile may be Ukraine's new long-range missile. The new weapon reportedly destroyed a Russian S-400 "Triumf" missile system in Crimea. Ukraine developed the weapon after Western states were reluctant to supply long-range missiles. Ukraine claimed that the new, domestically designed missile system destroyed Putin's highly-prized Russian S-400 "Triumf" missile system in Crimea last month. The report said the cheap cost and large supply of the bombs meant they could be used extensively in the conflict.
Persons: Danilov, Zelenskyy, Sukhoi Su, Denis Sinyakov Organizations: Service, Kyiv Post, Russia flaunts, National Security and Defense, Directorate of Intelligence, Ministry of Defence, Luch, UK Ministry of Defence, NATO, Sukhoi, Zhukovsky REUTERS, Kyiv Independent Locations: Russian, Crimea, Ukraine, Wall, Silicon, Kyiv, Russia, Ukrainian, Screengrab, US, Moscow, Soviet, Zhukovsky
Mining magnate Steinmetz held in Cyprus on Romanian warrant
  + stars: | 2023-09-03 | by ( ) www.reuters.com   time to read: +1 min
Israeli billionaire Beny Steinmetz leaves the courthouse after a verdict on corruption charges, in Geneva, Switzerland January 22, 2021. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsJERUSALEM, Sept 3 (Reuters) - Israeli mining magnate Beny Steinmetz has been detained in Cyprus on a Romanian-issued arrest warrant, a spokesperson for Steinmetz said on Sunday. Steinmetz is at the centre of a case dating back several years relating to his involvement in a group that allegedly tried to illegally secure land rights in Romania. He has already faced arrest in some other European countries on the Romania-issued warrant but was cleared. Steinmetz was detained on Thursday "during his arrival at Larnaca airport, due to a European Arrest Warrant (EAW) issued by the Romanian authorities, which has already been cancelled in various European countries, among them Greece and Italy," his spokesperson said.
Persons: Beny Steinmetz, Denis Balibouse, Steinmetz, Steven Scheer, Ari Rabinovitch, Michele Kambas, Susan Fenton Organizations: REUTERS, Rights, Cyprus police, State, Thomson Locations: Geneva, Switzerland, Cyprus, Romanian, Romania, Larnaca, Greece, Italy, Guinea
Triple world champion Lyles ends season
  + stars: | 2023-09-01 | by ( Lori Ewing | ) www.reuters.com   time to read: +1 min
"And with that I say goodbye to the 2023 season!" The social media post included three checked boxes: "World's fastest man in 100 & 200; 2 years undefeated in the 200m; 3X world champion." The news means the 26-year-old, arguably the U.S. team's biggest name, will not race at home in the Diamond League final on Sept. 16-17 in Eugene. Lyles closed his season with a victory in the 200 at the Weltklasse Diamond League meeting on Thursday in Zurich, and tops the 200m standings with wins in all three of his appearances. The Diamond League circuit has two stops before the final, on Saturday at Xiamen, China and the Memorial Van Damme, Sept. 8-9 in Brussels.
Persons: Noah Lyles, Denis Balibouse, Lyles, Van Damme, Lori Ewing, Toby Davis Organizations: Diamond League, Twitter, team's, Weltklasse Diamond League, Thomson Locations: Letzigrund, Zurich, Switzerland, U.S, Eugene, Xiamen, China, Brussels, Budapest, Paris
The logos of Swiss bank Credit Suisse and UBS are seen in Geneva, Switzerland, June 7, 2023. The powerful central bank, Swiss National Bank (SNB), said it disagreed with some of the suggestions, including on liquidity and on how the authorities work. It will change the landscape of banking in Switzerland, where branches of Credit Suisse and UBS are dotted everywhere, sometimes just metres apart. "(The) rescue of Credit Suisse isn't a perfect success but it's not a story of policy failure either. During the global financial crash of 2008, it was UBS, not Credit Suisse, that needed a state rescue.
Persons: Denis Balibouse, FINMA, Beat Wittmann, Nicolas Veron, it's, Oliver Hirt, John O'Donnell, Susan Fenton Organizations: Credit Suisse, UBS, REUTERS, Rights, UBS Group, Swiss, Swiss National Bank, , Suisse, Social Democrat, Porta Advisors, Peterson Institute for International Economics, Thomson Locations: Geneva, Switzerland, Rights BERN, Swiss, Washington, Zurich
In a memo to staff Ermotti said that 3,000 Swiss jobs would go, while more people would leave of their own accord, for example, through retirement. With a market value of 77 billion Swiss francs, UBS also struck an optimistic note about its short-term outlook. With Credit Suisse in Switzerland intact and independent, as some politicians had hoped, fewer jobs would have been hit. [1/2]Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland, August 30, 2023. Reuters GraphicsThe bumper profit results from a huge one-off gain that reflects how the acquisition costs were far below Credit Suisse's value.
Persons: Ermotti, Sergio Ermotti, Denis Balibouse, Jefferies, Brenna Hughes, John O'Donnell, Noele, Edwina Gibbs, Tomasz Janowski, Alexander Smith Organizations: UBS, Credit Suisse Swiss, Credit Suisse, UBS grapples, REUTERS, Swiss Bank Employees Association, Analysts, Deutsche Bank, Reuters, Credit, Thomson Locations: Switzerland, ZURICH, Swiss, Zurich Switzerland, Zurich, London
Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland, August 30, 2023. UBS also announced it would be keeping Credit Suisse's domestic bank - and the ensuing job losses are expected to result in a backlash in Switzerland. Hanging on to existing Credit Suisse clients is seen as key if UBS is to successfully pull off the Herculean deal. Groupwide UBS results include just one month of Credit Suisse earnings as the deal only closed in June. The bumper profit is due to a huge one-off gain that reflects how the acquisition costs were far below Credit Suisse's value.
Persons: Denis Balibouse, Ermotti, Sergio Ermotti, Noele Illien, John O'Donnell, Edwina Gibbs Organizations: Credit Suisse, UBS, REUTERS, Suisse, Thomson Locations: Zurich Switzerland, Switzerland, ZURICH, Swiss
Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland, August 30, 2023. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsCompanies UBS Group AG FollowBERLIN, Aug 31 (Reuters) - The Swiss government expects no significant upheaval with regards to the labour market following the integration of Credit Suisse into UBS, Federal Councillor Guy Parmelin said on Thursday. "Possible redundancies are to be staggered. The labour market impact should therefore remain low, especially as the current labour market situation is generally very good," Parmelin said in a statement emailed to Reuters. Reporting by Noele Illien, Writing by Rachel More, Editing by Friederike HeineOur Standards: The Thomson Reuters Trust Principles.
Persons: Denis Balibouse, Guy Parmelin, Parmelin, Noele Illien, Rachel More, Friederike Heine Our Organizations: Credit Suisse, UBS, REUTERS, UBS Group, BERLIN, Federal, Reuters, Thomson Locations: Zurich Switzerland, Swiss
Factbox: Key figures for UBS, including Credit Suisse
  + stars: | 2023-08-31 | by ( ) www.reuters.com   time to read: +1 min
Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland, August 30, 2023. Groupwide UBS results include just one month of Credit Suisse earnings as the deal only closed in June. OUTFLOWSCredit Suisse reported net asset outflows of 39.2 billion Swiss francs ($44.6 billion) in the quarter. ASSETSInvested assets for the combined group were $5.53 trillion, while Credit Suisse managed assets of 1.213 trillion Swiss francs. Credit Suisse reported a net loss of 9.3 billion Swiss francs.
Persons: Denis Balibouse, Groupwide, Brenna Hughes, Edwina Gibbs Organizations: Credit Suisse, UBS, REUTERS, OUTFLOWS Credit Suisse, UBS headcount, NET, Thomson Locations: Zurich Switzerland, UBS's, OUTFLOWS
Logos of Swiss banks UBS and Credit Suisse are seen in Zurich, Switzerland March 20, 2023. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsZURICH, Aug 30 (Reuters) - Credit Suisse said it will reduce the volume of new markets business from Sept. 22 while UBS (UBSG.S) integrates its former rival, the bank said in a letter sent to clients, as the 166-year-old firm winds down trading in global securities. Increases in positions, or maturity extensions, will now not be possible for clients at Credit Suisse, which trades a wide variety of assets from stocks to currencies. "Going forward, UBS shall focus on consolidating new client activity through UBS legal entities," the letter seen by Reuters on Wednesday said. UBS will report its second-quarter earnings on Thursday, its first results since taking over Credit Suisse earlier this year.
Persons: Denis Balibouse, Noele Illien, Rachel More, Louise Heavens Organizations: UBS, Credit Suisse, REUTERS, Rights, Reuters, Thomson Locations: Zurich, Switzerland
Below, we've compiled stories with tips for prospective homeowners, investors, and renters. And for those opting to continue renting since this path is increasingly cheaper than taking on a new mortgage payment, one piece shows where rents are falling the fastest. Sean Pavone/ShutterstockThis list from Scholaroo shows where prospective homeowners can find the cheapest combo of prices and property taxes relative to local incomes. John M Lund Photography Inc/Getty ImagesThis piece on an analysis by CoreLogic shows where investors are betting on most right now. Earlier in August, Goldman Sachs said they expect home prices on a national basis to grow another 1.8% this year.
Persons: we've, Goldman Sachs, hasn't, Sean Pavone, El Paso , Texas Denis Tangney Jr, Alan Diaz, Doug Ressler, John M, David Greene Organizations: CoreLogic, Service, AP, Kansas, John M Lund Locations: Wall, Silicon, El Paso , Texas, Kansas City , Missouri, Scholaroo
If successful, Wednesday's coup in Gabon would be the eighth in West and Central Africa in three years. Widespread condemnation, or the threat of military intervention, have done little to unseat coup leaders in Mali, Burkina Faso, Guinea, Niger and Chad since 2020. Minutes before the coup announcement, Gabon's election authority declared him the emphatic victor of Saturday's election. I am calling on you to make noise, to make noise, to make noise. The triggers for the Gabon coup were different to those in the Sahel countries further north, where insecurity caused by Islamist militants has done much to sway public opinion.
Persons: Ali Bongo, Bongo, Gabon's, Maja Bovcon, Verisk, Omar, Mohamed Bazoum, Paul Biya, Denis Sassou Nguesso, Ryan Cummings, Edward McAllister, Mark Heinrich Our Organizations: REUTERS, REUTERS Acquire, London, African Union, Thomson Locations: Gabon, DAKAR, West, Central Africa, Mali, Burkina Faso, Guinea, Niger, Chad, Africa, United States, France, Cameroon, Congo Republic, South Africa
Logos of Swiss banks UBS and Credit Suisse are seen in Zurich, Switzerland, March 20, 2023. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsZURICH, Aug 28 (Reuters) - Switzerland's Competition Commission is looking into UBS's (UBSG.S) takeover of Credit Suisse, the authority said on Monday. In March, the Swiss government, central bank and financial regulator rushed through a rescue deal for Credit Suisse, resulting in the country's two largest banks merging. "We confirm that the Swiss Competition Commission is looking at the takeover of CS by UBS and will send FINMA her results probably by the end of September," the Commission's vice-director told Reuters. Reporting by Noele Illien, Editing by Friederike HeineOur Standards: The Thomson Reuters Trust Principles.
Persons: Denis Balibouse, Noele Illien, Friederike Heine Our Organizations: UBS, Credit Suisse, REUTERS, Rights, Swiss Competition Commission, CS, Thomson Locations: Zurich, Switzerland, Swiss
How to Recognize a Tennis Prodigy
  + stars: | 2023-08-28 | by ( Tom Shroder | ) www.nytimes.com   time to read: +1 min
You may have seen it if you’re a tennis fan. The ad begins with a young boy of 10 or 11, sitting in a humble apartment watching Venus Williams on a tiny antique television. Of course the young Tiafoes in the ad were the product of a casting call, not the actual young Frances. But the producers did a good job finding someone who looked like the 11-year-old boy I met in 2009, when I spent a couple of months writing about the Junior Tennis Champions Center in College Park, Md., a then-obscure tennis training academy which had shockingly produced three boys in world’s top 20 of junior tennis. But here’s the relevant bit: During my reporting at the tennis center, I spent a day with a boy the coaches seemed to have a strange regard for.
Persons: Venus Williams, He’s, Hey Frances, , , Frances Tiafoe, Frances, Denis Kudla, Mitchell Frank, Kudla Organizations: United States, Junior Tennis, Center Locations: men’s tennis, College Park, Md, world’s
UN reopens European office after security issue
  + stars: | 2023-08-25 | by ( ) www.reuters.com   time to read: +1 min
The European headquarters of the United Nations is pictured in Geneva, Switzerland, September 2, 2021. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsGENEVA, Aug 25 (Reuters) - The United Nations has reopened its European headquarters in Geneva, Switzerland after earlier on Friday shutting it due to an intrusion. "Please be informed that the issue at the Palais des Nations has now been solved. The Palais des Nations building houses the UN Human Rights Council and is a hub for diplomats, humanitarian workers and state officials. Reporting by Emma Farge; Writing by Maria Sheahan, editing by Kirsti Knolle and Friederike Heine; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.
Persons: Denis Balibouse, Emma Farge, Maria Sheahan, Kirsti Knolle, Friederike Heine, Toby Chopra Organizations: United Nations, Rights, Palais des Nations, Reuters, UN Human Rights, Thomson Locations: Geneva, Switzerland
Plastic levels in Swiss-French lake as high as world's oceans
  + stars: | 2023-08-25 | by ( ) www.reuters.com   time to read: +2 min
FOUNEX, Switzerland Aug 25 (Reuters) - Lake Geneva, nestled at the foot of the Alps, has long been considered as a near-pristine body of water, but new research has found that its plastic pollution levels are as high as those in the oceans. Oceaneye, a Geneva-based non-profit that has for more than a decade been scouring the seas to collect plastic fragments, has turned its attention closer to home to landlocked Switzerland. [1/5]A boat of NGO Oceaneye collects plastic fragments in the water of Lake Leman in Founex near Geneva, Switzerland August 21, 2023. Microplastics derive from the breakdown of various consumer and industrial plastic waste over time and their concentrations are accumulating in the world's oceans. "When we began working on this 12 years ago and talked about plastic fragments in water, people took us for wackos and now it is a recognised problem."
Persons: Pascal Hagmann, Denis Balibouse, Hagmann, Cecile Mantovani, Emma Farge, Sharon Singleton Organizations: REUTERS, Thomson Locations: Switzerland, Lake Geneva, Geneva, Lac Leman, Lake Leman, Founex, Leman, Europe, France, Switzerland's, Evian
Aug 25 (Reuters) - A group of Russian militants who fight on the Ukrainian side called on the Wagner Group of mercenaries to switch sides and join their ranks to revenge the deaths of Wagner founder Yevgeny Prigozhin and their commander Dmitry Utkin. Russian air authorities have said Prigozhin, Utkin and eight other people were on a private plane that crashed with no survivors north of Moscow on Wednesday. "To take revenge you need to switch to Ukraine's side," the commander said. RVC commander Kapustin, a far-right Russian national, founded the armed group a year ago. RVC fights on the Ukrainian side and has said it was behind several military attacks on Russian border regions.
Persons: Wagner, Yevgeny Prigozhin, Dmitry Utkin, Denis Kapustin, Prigozhin, Vladimir Putin, Kapustin, Maria Tsvetkova, Michael Perry Organizations: Wagner Group, Russian Volunteer Corps, Russian, Pentagon, Thomson Locations: Moscow, Rostov, Russia, Russian, Ukraine, New York
"Dune: Part Two" has departed the 2023 box office slate amid dual Hollywood labor strikes that threaten its ability to market to the public. Box office analysts have long anticipated that the "Dune" sequel would ditch its 2023 release date amid the Writers Guild of America and Screen Actors Guild strikes. Postponing "Dune: Part Two" might help bolster its box office gains in 2024, but will bite a chunk out of Warner Bros. After the stunning success of "Barbie," and with doubts growing about December's "Aquaman: The Lost Kingdom," "Dune: Part Two" was an important 2023 release for the studio and expected to perform well with audiences. Its predecessor excelled at the box office during the pandemic despite being a day-and-date release on streaming service HBO Max (now just called Max).
Persons: Denis Villeneuve, Christopher Walken, Stellan Skarsgard, Javier Bardem, Josh Brolin, Dave Bautista, Jason Momoa, Timothee Chalamet, Florence Pugh, Austin Butler, Barbie, HBO Max Organizations: Warner Bros ., Legendary Entertainment, Writers Guild of America, Screen Actors Guild, SAG, Alliance, Television Producers, WGA, Twitter, Warner Bros, HBO, Comcast, CNBC Locations: TikTok, NBCUniversal
This has in turn meant authorities have urged climbers to delay scaling the mountain, which straddles the French-Italian border, because high temperatures have created dangerous conditions. "The heat wave has also an impact on high mountains, it doesn't stop on the plains," said Nicolas Zickler, commanding officer of a high mountain police rescue team. "The routes have changed, the timing of the season has changed, the weather conditions have changed," she said. "The decrease of the glaciers is worrying," said the president of Mont Blanc guide company Compagnie des Guides de Chamonix, Olivier Greber. Reporting by Cecile Mantovani, Denis Balibouse, Writing by Charlotte Van Campenhout; Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.
Persons: Mat Cooper, Daniel Trevena, Les Cosmiques, Denis Balibouse, Nicolas Zickler, Cooper, Mont, Olivier Greber, It's, Cecile Mantovani, Charlotte Van Campenhout, Chris Reese Organizations: REUTERS, Compagnie des Guides de Chamonix, Thomson Locations: Chamonix, France, Blanc, CHAMONIX, Mont Blanc, Australian, Swiss, Blanc's
Russian authorities said Prigozhin was listed as a passenger on a private jet that crashed on Wednesday evening, killing all those onboard. Russia's TASS news agency said the plane was a Brazilian Embraer jet. Embraer (EMBR3.SA) on Wednesday said it was aware of a Legacy 600 plane crash in Russia, but that did not have further information about the case. Flightradar24 online tracker showed that the Embraer Legacy 600 (plane number RA-02795) said to be carrying Prigozhin had dropped off the radar at 6:11 p.m. local time (1511 GMT). The Legacy 600 entered service in 2002, according to International Aviation HQ, with almost 300 produced until production ceased in 2020.
Persons: Denis Balibouse, Wagner, Yevgeny Prigozhin, Prigozhin, Allison Lampert, Gabriel Stargardter, Rosalba O'Brien, Josie Kao Organizations: Embraer, European Business Aviation Convention, REUTERS, International Aviation, Russia's TASS, Brazilian Embraer, EMBR3, Thomson Locations: Geneva, Switzerland, Russia, Brazilian, Brazil, United States
FILE PHOTO-A logo of Swiss bank UBS is seen in Zurich, Switzerland March 29, 2023. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsNEW YORK, Aug 23 (Reuters) - Goldman Sachs (GS.N), JPMorgan Chase (JPM.N), Morgan Stanley (MS.N) and UBS (UBSG.S) have agreed to pay $499 million to settle an antitrust lawsuit by investors who accused them of conspiring to stifle competition in the stock lending market. They also agreed to cooperate in the investors' case against the final defendant, Bank of America (BAC.N). Spokespeople for Bank of America and UBS declined to comment. EquiLend's governance changes include new restrictions on how board members share information, and limits on how many board seats each bank can hold.
Persons: Denis Balibouse, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Jonathan Stempel, David Gregorio Our Organizations: Swiss, UBS, REUTERS, JPMorgan, Investors, Credit Suisse, Bank of America, Spokespeople, U.S . Department, Iowa Public Employees, Bank of America Corp, Court, Southern District of, Thomson Locations: Zurich, Switzerland, Manhattan, U.S, Southern District, Southern District of New York, New York
REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsAug 21(Reuters) - Industrial materials maker DuPont De Nemours (DD.N) said on Monday it has agreed to sell an 80.1% stake in its Delrin resins unit to private equity firm TJC, formerly known as The Jordan Company, in a deal that values the business at about $1.8 billion. It will also own a 19.9% non-controlling interest in the unit, which the company had been looking to divest since February last year. The company sold most of its mobility and materials business to Celanese (CE.N) for $11 billion last year. However, it also suffered a setback last year as Chinese regulatory hurdles forced it to scrap the $5.2 billion acquisition of engineering materials maker Rogers (ROG.N). Earlier this year, peers Univar Solutions(UNVR.MX) and Chase Corp(CCF.A) had been taken private by Apollo Global Management and KKR, respectively.
Persons: Denis Balibouse, DuPont De, Ed Breen, Rogers, Sourasis Bose, Pooja Desai Organizations: REUTERS, DuPont, DuPont De Nemours, Jordan Company, ED, Chase Corp, Apollo Global Management, KKR, Thomson Locations: Dupont, Geneva, Switzerland, Celanese, Bengaluru
A logo is pictured outside of Dupont offices in Geneva, Switzerland, April 15, 2021. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsAug 21(Reuters) - Chemical maker DuPont De Nemours (DD.N) said on Monday it has agreed to sell 80.1% of its Delrin resins unit to private equity firm TJC, formerly known as The Jordan Company, for about $1.6 billion. It will also own a 19.9% non-controlling interest in the unit, which the company had been looking to divest since February last year. It sold most of its mobility and materials business to Celanese (CE.N) for $11 billion last year. However, it also suffered a setback last year as Chinese regulatory hurdles forced it to scrap the $5.2 billion acquisition of engineering materials maker Rogers (ROG.N).
Persons: Denis Balibouse, DuPont De, Rogers, Sourasis Bose, Pooja Desai Organizations: REUTERS, DuPont, DuPont De Nemours, Jordan, ED, Thomson Locations: Dupont, Geneva, Switzerland, Celanese, Bengaluru
But in Australia, relative newcomers to the game’s big leagues, the arrival of the world’s best women’s players has left old and new fans starry-eyed with possibility. Despite placing fourth – the team’s best finish at a World Cup – the ability of relative outsiders to make it that far has elevated Australia’s Matildas to hero status. Fans cheer Spain's victory while watching a live transmission of the FIFA Women's World Cup 2023 in Madrid. Australia fans celebrate at Melbourne's Federation Square after the Matildas scored the opening goal in their FIFA World Cup round-of-16 match against Denmark on August 7. It’s not just football, it’s different.”Spain's players celebrate with the trophy after winning the 2023 Women's World Cup.
Persons: Sydney CNN —, , Luis Rubiales, Jennifer Hermoso, Gianni Infantino, , Matildas, Spain's, Denis Doyle, , Australia’s, might’ve, Sam Kerr, Asanka Ratnayake, that’s, Matilda Karen Menzies –, there’s, Kerr, Australia's Sam Kerr, England's Keira Walsh, Ulrik Pedersen, they’ve, Andrea Ellis, ” Ellis, you’re, Sarai Bareman, Saeed Khan, Infantino, Joanna Lohman, Rubiales, Jorge Vilda, RFEF, Sisters, Simmi Nanduo, ” Louise Nussac, Vilda, Kelly Stroda, La, Hilary Whiteman, d’Or Féminin, Alexia Putellas Organizations: Sydney CNN, Sydney’s, FIFA, La Roja, Royal Spanish Football Federation, derisory, England, Sweden, Melbourne's, Denmark, Australia’s, UEFA European, Sunday’s, Women’s Football, FIFA Women’s Football Convention, Getty, United States Women’s National, , Sky News, CNN, , World Locations: Australia, Europe, Madrid, England, Bromley ,, London, AFP, Texas, Spanish, Paris, France, Spain, La Roja
A logo is pictured outside of Dupont offices in Geneva, Switzerland, April 15, 2021. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsAug 20 (Reuters) - Materials and chemicals maker DuPont De Nemours Inc (DD.N) is in advanced talks to sell its Delrin resins unit to private equity firm The Jordan Company for about $1.8 billion, Bloomberg News reported on Sunday, citing people familiar with the matter. Jordan Company could announce the deal as soon as this week, the report said, adding that no final decision has been made and that talks could still fall apart. Lone Star and Platinum Equity were the other bidders for the assets, Bloomberg News had reported earlier in the month. Dupont and Jordan Company did not immediately respond to Reuters' request for comment.
Persons: Denis Balibouse, Delrin, Dupont, Gokul Pisharody, Kanjyik Ghosh, Muralikumar Anantharaman, Christopher Cushing Organizations: REUTERS, DuPont De Nemours Inc, Jordan Company, Bloomberg, Lone Star, Equity, Bloomberg News, DuPont, Reuters, Thomson Locations: Dupont, Geneva, Switzerland, Bengaluru
Learn moreAljamain Sterling and Sean O'Malley will meet inside the octagon for a UFC 292 main event to decide the UFC Bantamweight champion. We'll also guide you step-by-step on how to use a VPN to watch UFC 292, no matter where you are. How to watch UFC 292 everywhere elseIf you're not in the US, you still have a few options to watch UFC 292. In Canada, UFC 292 will be available as a pay-per-view through most TV providers and directly via UFC Fight Pass. UFC 292 Fight Card: Sterling vs. O'MalleyMain Card — 10 p.m.
Persons: Sterling, Sean O'Malley, We'll, Zhang Weili, Amanda Lemos, CEST, McGregor, ExpressVPN, O'Malley, Women's, Neil Magny, Ian Machado Garry, Da'mon, Mario Bautista, Marlon Vera, Pedro Munhoz, Chris Weidman, Brad Tavares, Gregory Rodrigues, Denis Tiuliulin, Austin Hubbard, Kurt Holobaugh, Brad Katona, Cody Gibson, Andre, Gerald Meerschaert, Andrea Lee, Natalia Silva, Karine Silva, Maryna Organizations: UFC, ESPN, ABC, TNT Sports, Amazon, Apple, PlayStation, Samsung, BT, BT Sport, You'll, LG, AEST, Sterling Locations: Canada, Australia, New Zealand, Germany, Italy, Spain, Poland, Switzerland, Asia, Africa, Brazil
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