June 6 (Reuters) - SoftBank-backed doValue will acquire Italian bad loan manager Gardant for 230 million euros ($250.59 million) in an all-cash deal, the company said on Thursday. doValue, Italy's biggest bad loan company, will issue new shares resulting in a 20% stake in the combined group for Gardant shareholders, the company said in a statement. The deal also includes...

June 6 (Reuters) - Chinese battery companies with ties to Ford and Volkswagen should be banned from shipping goods to the U.S., a group of Republican lawmakers said, alleging their supply chains use forced labor, the Wall Street Journal reported on Thursday. China's Contemporary Amperex Technology (CATL), a partner to Ford, and Gotion High Tech, a battery company partially owned...

PARIS (Reuters) - Airbus delivered 53 aircraft in May, down 16% from the same month last year and bringing the number of airplanes handed over to customers since Jan. 1 to 256, the planemaker said on Thursday. It is targeting 800 deliveries for the year. Demand for aircraft is strong because air travel is staging a strong recovery at the...

Singapore (Reuters) -Oil prices ticked higher on Friday, as reassurances from OPEC+ members Saudi Arabia and Russia indicating readiness to pause or reverse output agreements, but markets were headed for their third straight weekly losses. Brent crude futures rose 2 cents to $79.89 per barrel and U.S. West Texas Intermediate crude futures rose 4 cents to $75.59 as at 0318...