Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
MUMBAI Tata Steel has offered to pay a little more than 350 billion rupees ($5.4 billion) to lenders of Bhushan Steel & Power to take over the bankrupt steelmaker, a source with direct knowledge of the deal said.
MUMBAI Top Indian cement maker UltraTech said on Tuesday it had secured backing from some creditors of Binani Cement to buy the firm for $1.1 billion outside of a bankruptcy process, a move that is testing India's new insolvency proceedings.
MUMBAI/BENGALURU Indian state-run Hindustan Aeronautics Ltd's initial public offering (IPO) of a 10 percent stake received a tepid response from investors who had subscribed for just 99 percent of shares, data released after Tuesday's deadline for bids showed.
MUMBAI/BENGALURU Investment bank Goldman Sachs downgraded its forecasts for India's economy on Tuesday in the wake of a more than $2 billion fraud at Punjab National Bank , warning it could spark tighter regulation of the banking sector that would constrain credit growth.
MUMBAI Bandhan Bank Ltd's initial public offering (IPO) to raise 44.73 billion rupees ($686 million) was subscribed nearly 15 times on Monday as the biggest market debut ever by an Indian bank drew strong interest, mainly from institutional investors.
MUMBAI India's top cement maker UltraTech Cement Ltd on Monday offered $1.1 billion to buy Binani Cement Ltd days after a rival bid in what could be a test case for the country's fledgling bankruptcy process.
MUMBAI India's October-December current account deficit widened sharply from a year earlier, driven by higher imports, data from the Reserve Bank of India showed on Friday.
MUMBAI/NEW DELHI India's Punjab National Bank (PNB) has uncovered another credit-guarantee fraud within the Mumbai branch at the center of a similar scam worth over $2 billion, according to a complaint filed with the federal police.
MUMBAI Indian brokerage ICICI Securities Ltd will launch an initial public offering next week in a sale that will raise its parent as much as 40.17 billion rupees ($620 million), adding to a busy month for first-time share sales in the country.
MUMBAI The Reserve Bank of India's move to cut off a key form of trade finance in the aftermath of a multi-billion dollar fraud could both dent the rupee and sharply raise costs for many importers, bankers and traders said.