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Bain Capital looking at French tech company Atos, reports Les Echos May 2, 2024 01:33PM

PARIS (Reuters) - U.S. private equity firm Bain Capital is looking at French tech and software company Atos, reported French paper Les Echos on its website, citing sources.

Atos is in the middle of a restructuring and planned asset sale programme. Last month, the French government made a provisional offer to acquire various strategically important assets from Atos, including its Advanced Computing, Mission-Critical Systems and Cyber Products... (continue reading...)


Trump cites Biden classified records probe as he seeks to toss documents case May 2, 2024 01:27PM

By Andrew Goudsward

WASHINGTON (Reuters) - Donald Trump cited U.S. President Joe Biden’s mishandling of classified documents after leaving the vice presidency as he seeks to have criminal charges related to his own retention of sensitive records tossed out, court filings showed on Thursday.

Trump, the former president and the Republican challenger to Democrat Biden in the Nov. 5 election, argued that the decision not to charge Biden and... (continue reading...)


Exclusive-Synopsys nears $2 billion-plus software unit sale to buyout firms, sources say May 2, 2024 01:22PM

By Milana Vinn

NEW YORK (Reuters) - A private equity consortium led by Clearlake Capital and Francisco Partners is in advanced talks to acquire the software integrity (SIG) unit of chip designer Synopsys for more than $2 billion, according to people familiar with the matter.

Clearlake and Francisco Partners prevailed over other buyout firms that were vying for the business, the sources said.

If the talks conclude... (continue reading...)


Serbian parliament approves coalition government May 2, 2024 01:18PM

SARAJEVO (Reuters) - The Serbian parliament approved a coalition government on Thursday, which newly elected Prime Minister Milos Vucevic described as a "government of continuity" that will lead the Balkan country through geopolitical challenges and tensions with Kosovo.

Most of ministers in the 31-member government come from the ruling Serbian Progressive Party (SNS) that won the most votes in a national election last December and five smaller parties... (continue reading...)


Weak US productivity could threaten Fed's 'soft landing' hopes May 2, 2024 12:59PM

By Howard Schneider

WASHINGTON (Reuters) - Weaker U.S. productivity gains in the first quarter may challenge the Federal Reserve's efforts to finish its inflation fight without a painful rise in unemployment, potentially stalling progress on prices absent a further economic slowdown.

A jump last year in how much workers produce helped the economy grow fast and hiring remain strong while inflation fell nonetheless. Data for the first three... (continue reading...)


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