SAO PAULO, May 15 (Reuters) - Shares of Brazil's JBS SA rose 7% in early morning trading on Wednesday after the world's largest meatpacker reported strong first-quarter results in spite of headwinds faced by its large U.S. beef business. JBS executives said they continue to see reduced cattle availability in the United States and demand constrained by higher beef prices...

09:51 AM EDT, 05/15/2024 (MT Newswires) -- KKR (KKR) is planning to offer remedies to the European Commission in an attempt to get early approval for its potential 22 billion euro ($23.80 billion) purchase of Telecom Italia's (TI, TI.A) landline grid, Bloomberg News reported Wednesday, citing sources with knowledge of the details. The proposed acquisition is reportedly under scrutiny for...

09:48 AM EDT, 05/15/2024 (MT Newswires) -- PRA Group ( PRAA ) said Wednesday it is planning to offer $400 million in senior notes due 2030 through a private transaction. Net proceeds from the proposed offering will be used to repay about $396 million of its outstanding borrowings under its North American revolving credit facility. The notes will be guaranteed...

09:48 AM EDT, 05/15/2024 (MT Newswires) -- HSBC Holdings ( HSBC ) is considering naming its new chief executive from a shortlist of internal candidates as it initiates its search for outgoing CEO Noel Quinn's successor, Bloomberg reported Wednesday, citing people familiar with the plan. Georges Elhedery, the company's chief financial officer, Nuno Matos, the head of wealth and personal...