11:08 AM EST, 03/08/2024 (MT Newswires) -- KKR's (KKR) Accell Group lenders have selected advisers to assess options for the bicycle manufacturer amid struggles spurred by waning demand and operational hurdles, Bloomberg reported Friday, citing people familiar with the situation. Holders of the company's term loan B named Houlihan Lokey ( HLI ) and Milbank as advisers, while Accell is...

SAO PAULO, March 8 (Reuters) - Brazilian family-owned energy firm Potencial is poised to boost sales on growing demand for cleaner energy sources such as biodiesel, Vice-President Carlos Hammerschmidt said in an interview. The company operates Brazil's biggest biodiesel plant with a capacity of 900 million liters annually. We know there will be a peak of petroleum consumption in 2030,...

11:05 AM EST, 03/08/2024 (MT Newswires) -- Petrobras (PBR) shares tumbled by more than 10% in recent Friday trading as the stock plunged in Sao Paulo after the company's board approved a lower-than-expected Q4 dividend of 14.2 billion Brazilian reais ($2.85 billion), or 1.1 reais per share. The Brazilian state-run oil company said in a filing Thursday that the payout...

BRUSSELS/LONDON, March 8 (Reuters) - As the world's biggest tech companies revamp their core online services to comply with the European Union's landmark Digital Markets Act, the changes could give some smaller rivals and even peers a competitive edge. The DMA is Europe's attempt to rein in Alphabet's Google, Amazon ( AMZN ), Apple ( AAPL ), TikTok owner ByteDance,...