archiveBMAT08

NEW YORK, Sept 29 (Reuters) - Mergers and acquisitions activity globally showed few signs of improvement but a rebound in volumes in the United States - the world's biggest investment banking market - gave dealmakers hope of a sustained recovery in the near term.The total quarterly value of M&A fell slightly to $717.4 billion by September 28, according to data from Dealogic, from $738.1 billion last year during the same period.During the third quarter, U.S. dealmaking contributed to a larger-than-usual share of global activity and offset a decline in volumes...

BRUSSELS, Sept 20 (Reuters) - European Union's second-top court on Wednesday backed an EU competition regulator's decision against a 700-million-euro ($748 million) Belgian tax scheme for 55 multinationals, in a major win for EU antitrust chief's crackdown on sweetheart tax deals.The Luxembourg-based General Court had in 2019 annulled Margrethe Vestager's decision after Belgium and about 30 of the companies challenged it.Beneficiaries of the Belgian scheme that dated from 2005 included U.S. manufacturer Magnetrol, oil company BP (BP.L), chemical producer BASF (BASFn.DE), Wabco, Cellio, Atlas Copco (ATCOa.ST) and Belgacom, now Proximus...

Bolivia's President Luis Arce addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 19, 2023. REUTERS/Mike Segar/File Photo Acquire Licensing RightsNEW YORK, Sept 20 (Reuters) - Bolivia is open to tie-ups with European and other global companies for lithium exploration and extraction provided they adhere to the country’s conditions, president Luis Arce said on Wednesday."We are open to any company that wants to come to Bolivia, but the conditions are clear," Arce told Reuters in an interview, adding that his country wants to participate...

COVAS DO BARROSO, Portugal, Sept 13 (Reuters) - In Portugal's northern Barroso region, Maria Loureiro weeps at the prospect of losing her family's land to a mine that could become one of Europe's biggest producers of lithium, used in electric vehicle batteries and other clean technologies."I don't want them to take away what has been left to me by my parents and grandparents," 55-year-old Loureiro said. "I don't want the mine ... I will fight it to the death."She is among local activists in Portugal and elsewhere whose determination to...