BlackRock Inc ( BLK ) , the world's largest asset manager with $11.5 trillion in assets, is finalizing a deal to acquire HPS Investment Partners, a prominent private credit firm managing nearly $150 billion. What Happened: The acquisition, expected to be announced after Thanksgiving, the Financial Times reported citing four people familiar with the matter, could be valued at around...

PARIS, Nov 28 (Reuters) - LVMH Chairman and CEO Bernard Arnault is set to testify at a Paris court on Thursday in the trial of France's former spy chief Bernard Squarcini, a case that has cast light on the lengths to which the world's biggest luxury group has allegedly gone to protect its image. Squarcini, who headed France's counter-intelligence services...

MEXICO CITY (Reuters) - Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate if U.S. President-elect Donald Trump followed through with his proposed 25% across-the-board tariff, a move her government warned could kill 400,000 U.S. jobs and drive up prices for U.S. consumers. If there are U.S. tariffs, Mexico would also raise tariffs, Sheinbaum said during a press conference,...

NEW DELHI (Reuters) - Bribery allegations against Adani Group founder Gautam Adani have highlighted the growing problem India's renewable energy developers face in finding buyers for the power they generate. While India's central government wants to shift away from polluting coal-fired generation towards solar and wind, officials say state government-owned power distribution companies responsible for keeping the lights on have...