HONG KONG, Sept 3 (Reuters) - Citi has appointed banking veteran Kaustubh Kulkarni as co-head of its Investment Banking Coverage for Japan, Asia North and Australia, and Asia South, according to a memo issued on Wednesday and reviewed by Reuters. Kulkarni, who will join in December subject to regulatory approvals, will based in Singapore and serve alongside current head Jan...

-Investment bankers had pitched a breakup to Kraft Heinz for years without success, sources said. The company finally agreed to a split when it realized that two simpler companies would be easier to manage and understand, garnering higher stock prices. This strategy is gaining momentum in the world of food & beverage conglomerates. The consumer food company's separation into two -...

FRANKFURT/HAMBURG (Reuters) -Europe's chemical producers are facing fresh turmoil as U.S. import tariffs disrupt global trade, prompting customers to delay orders and hitting demand in a sector struggling to recover from the region's 2022 energy crisis. The European Union's fourth-biggest exporting sector after machinery, automotive and pharmaceuticals, has been grappling in recent years with high production costs after gas and...

(Reuters) -Brazil's competition authority has launched an investigation into Anglo American's plan to sell its nickel operation in the country, the Financial Times reported on Wednesday. CADE, Brazil's antitrust regulator, confirmed it had opened a probe into the $500 million deal Anglo agreed in February with MMG Singapore Resources, in response to a complaint, the FT report said. Based on...