By Natalia Zinets KYIV – Ukraine wants to launch talks with the International Monetary Fund on a new programme in April to reassure markets that have been rattled by tensions …
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- Financial News
Bosch to invest additional 250 million euros in chip production capacity
by Reutersby ReutersBERLIN – Bosch is investing an additional 250 million euros ($282.50 million) in extending chip production facilities at its Reutlingen plant in Germany, the company said on Tuesday. The Reutlingen …
- Financial News
EDF fined 300 million euros for dominant position abuse in France
by Reutersby ReutersPARIS – France’s competition watchdog fined EDF and its subsidiaries 300 million euros ($339.78 million) over the abuse of its dominant position between 2004 and 2021, the competition authority said …
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By Anirban Sen, Svea Herbst-Bayliss and David French – Amazon.com Inc has become the poster child of technology giants bucking the trend of major conglomerates breaking up, thanks to bright …
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BERLIN – German business morale improved in February across all sectors as hopes for an end to the coronavirus crisis more than offset worries about the Ukraine conflict, though a …
- Financial News
Just Group sells lifetime mortgages to Rothesay Life for $933 million
by Reutersby ReutersLONDON – British life insurer Just Group has sold a portfolio of lifetime mortgages to fellow British insurer Rothesay Life for 687 million pounds ($932.88 million), Just Group said on …
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By Pamela Barbaglia and Yadarisa Shabong -London Stock Exchange Group has agreed to buy U.S. cloud-based technology provider TORA in a $325 million deal which it said on Tuesday will …
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By Simon Jessop, Tommy Wilkes and Lawrence White LONDON – HSBC aims to cut emissions associated with loans made to its oil and gas clients by 34% this decade, the …
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By Juliette Portala -Worldline’s fourth-quarter sales surpassed market expectations, prompting the French payments company to herald a new year of “conquest” in Europe, with shares rising more than 9%. The …
- Financial News
More women take top UK Plc roles, but there’s room for improvement – report
by Reutersby Reuters– Women now make up nearly 40% of the boards of Britain’s biggest 100 companies, compared with just 12.5% a decade ago, with recommendations in place to enable more female …
- Financial News
Russian central bank vows financial stability support as rouble tanks
by Reutersby ReutersMOSCOW -The Russian central bank on Tuesday said it was ready to take all necessary measures to support financial stability, as Russian assets were hammered after Moscow sent what it …
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By Anna Ringstrom and Stine Jacobsen STOCKHOLM/COPENHAGEN -Ailing airline SAS on Tuesday launched a cost savings plan and said it hoped to raise new capital after posting a wider quarterly …
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– Italian EU-harmonised consumer prices (HICP) remained flat month-on-month in January and were up 5.1% from the year earlier, official statistics agency ISTAT said on Tuesday, revising down preliminary data. …
- Financial News
Russian bank VTB holds off forecasts despite record 2021 profit
by Reutersby ReutersBy Elena Fabrichnaya MOSCOW -Russian state bank VTB on Tuesday reported a record net profit of 327.4 billion roubles ($4.1 billion) in 2021, but said it would not give any …
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BEIJING – Banks in nearly 90 Chinese cities cut mortgage rates in February, a private research group said, in a bid to boost sales and sentiment in a residential property …
- Financial News
Russian central bank still sees inflation returning to 4% in mid-2023 -agencies
by Reutersby ReutersMOSCOW – The Russian central bank still expects inflation to return to its 4% target in mid-2023, news agencies cited Deputy Governor Alexei Zabotkin as saying on Tuesday, as the …
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By Lucy Raitano -March was expected to be a busy window for Europe’s stock market listings, but Russia’s move to redraw borders in Ukraine and market uncertainty due to the …
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A look at the day ahead in markets from Sujata Rao It was perhaps inevitable that Vladimir Putin would resort to the playbook similar to the one employed during the …
- Financial News
Potential investors in India LIC’s giant IPO fret over govt control of insurer -sources
by Reutersby ReutersBy Nupur Anand, Aftab Ahmed and Scott Murdoch MUMBAI – Prospective investors in Life Insurance Corp of India’s (LIC) $8 billion IPO are seeking assurances from company management that it …
- Financial News
Dubai airport CEO sees more countries dropping COVID travel testing rules soon
by Reutersby ReutersDUBAI – The head of Dubai International Airport, one of the world’s busiest, said on Tuesday he expects more countries to soon start ending rules for vaccinated passengers to be …
- Financial News
HSBC says Hong Kong COVID clampdown may hurt ability to hire, keep staff
by Reutersby ReutersLONDON/SINGAPORE – HSBC said Hong Kong’s strict curbs on travel and social interaction are hurting the economy and may impact the ability to hire and keep staff in the Asian …
- Financial News
Digital, circular economy can earn Thailand $3.4 billion a year extra – World Bank
by Reutersby ReutersBANGKOK – Digital and disruptive technologies and development of a circular economy can earn Thailand up to $3.4 billion each year in additional investments, savings and revenue, the World Bank …
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By Tom Sims FRANKFURT -Allianz has dismissed two asset managers who oversaw a group of investment funds that collapsed after racking up massive losses when the spread of coronavirus triggered …
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By Kate Holton and William Schomberg ASHFORD, England – After work in the evenings, Nicola Frape turns off the heating and huddles under a blanket with her daughter and a …
- Department of Justice Press Releases
Eagle Butte Man Charged with Failure to Appear
by DOJ Pressby DOJ PressUnited States Attorney Dennis R. Holmes announced that an Eagle Butte, South Dakota, man has been indicted by a federal grand jury for Failure to Appear. Cheyene Michael Thompson, age …