 | | | | Swiss wealth and asset manager Pictet has named Edmund Buckley head of the Direct Private Equity division as the Geneva-based group expands its alternative investment business, it said on Friday. | | | | | | The European Commission has proposed changes to its planned embargo on Russian oil to give Hungary, Slovakia and the Czech Republic more time to prepare for the shift in their energy supplies, three EU sources said on Friday. | | | | | | Canada's Enbridge Inc reported a 4.34% rise in first-quarter profit on Friday, as a surge in demand for oil and gas boosted the pipeline operator's shipment volumes. | | | | | | Japan's No.2 steelmaker, JFE Holdings Inc , is seeking to raise product prices by 30,000 yen ($230) a tonne in the April-June quarter or next to reflect soaring costs of raw materials and shipping charges, a top executive said on Friday. | | | | | | Russia's Rosneft sold 700,000 tonnes of Urals oil loading from Baltic ports of Primorsk and Ust-Luga in May to Indian Oil Corp (IOC), the country's top refiner, two traders familiar with the matter told Reuters on Friday. | | | | | | Saudi Arabia's Ministry of Industry and Mineral Resources said it has secured $6 billion for a steel plate mill complex and electric vehicle battery metals plant as part of plans to lure $32 billion of investment into the mining sector. | | | | | | U.S. regulatory officials have arrived in Beijing seeking to settle a long-running dispute over the auditing compliance of U.S.-listed Chinese firms, three people familiar with the matter told Reuters. | | | | | | An Italian appeals court on Friday acquitted all 13 defendants, as well as Deutsche Bank and Nomura, over derivative deals that prosecutors say helped Monte dei Paschi di Siena hide losses in one of Italy's biggest financial scandals. | | | | | | Such an investment would mark the Chinese company's first production in the world's second-largest car market. | | | | | | U.S. stock index futures edged lower on Friday as sentiment remained fragile after a sharp selloff on Wall Street in the previous session, with investors awaiting April jobs data that could throw light on the path of interest rate hikes. | | | | | |
