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French tycoon Xavier Niel could launch SPAC company next week -sources

LONDON/PARIS, Nov 27 French telecoms magnate Xavier Niel could launch a European special purpose acquisition company (SPAC) as early as next week in what would be Europe's first major so-called blank cheque company this year, two sources told Reuters on Friday.

UPDATE 2-Portugal will not renege on Novo Banco commitments - finance minister

LISBON, Nov 27 Portugal's finance minister said on Friday the state would comply with all its commitments related to Novo Banco after opposition parties blocked a 476 million euro ($567.53 million) capital injection for the lender next year.

Hedge fund billionaire Dalio to open office in Singapore

NEW YORK, Nov 27 Ray Dalio, founder of hedge fund Bridgewater Associates LP, is opening an office in Singapore to run his investments and philanthropy in the region.

UPDATE 2-European shares rise for fourth straight week; Spain's BBVA jumps

* Euro zone economic sentiment drops first time in 7 months (Updates to close)

UniCredit working with GS, JPM as strategic advisers - sources

MILAN, Nov 27 UniCredit is working with strategic advisers Goldman Sachs and JPMorgan, three people close to the matter said, as it prepares to update its business plan next year and weighs a potential acquisition of state-owned peer Monte dei Paschi.

Stock Quote, Bonds 12:09pm EST
Berkshire Hathaway Inc $347,401.00 -0.85%
JPMorgan Chase & Co $121.22 -0.66%
Bank of America Corp $28.99 -0.14%


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