Zurich Insurance shares rise on H1 profit beat, share buyback
By Maria Sheahan and Carolyn Cohn BERLIN/LONDON – Zurich Insurance Group reported a better-than-expected 25% rise in operating profit in […]
U.S. high-yield bond funds draw cash as recession fears ebb
By Patturaja Murugaboopathy (Reuters) – U.S high-yield bond funds are attracting heavy investments, a turnaround from the selloffs of the
Aegon raises capital, cash flow forecasts in boost to shares
By Elitsa Gadeva and Juliette Portala (Reuters) -Insurer Aegon raised its forecasts for full-year operating capital generation and 2021-2023 free
U.S. weekly jobless claims rise for second straight week
(Reuters) – The number of Americans filing new claims for unemployment benefits rose for the second straight week, indicating further
Putin divestment decree complicates OTP’s Russian exit effort
BUDAPEST – Hungarian OTP Bank’s Russian unit has attracted “serious interest” from potential bidders, but a Russian presidential decree banning
HSBC oversold risks of $35 billion Asia spin-off, investor Ping An thinks – source
By Selena Li, Lawrence White and Anshuman Daga HONG KONG/LONDON – HSBC overstated the risks of spinning off its Asia
At least 13 civilians killed in Sierra Leone protests, say mortuary staff
FREETOWN – At least 13 civilians were killed in Sierra Leone’s capital, Freetown, during anti-government protests on Wednesday, staff at
Poland to get recovery cash after meeting agreed milestones – Commission
BRUSSELS – Poland will get money from the European Union recovery fund only after it reaches the milestones and targets
Blinken says he raised ‘Hotel Rwanda’ hero’s detention with Rwandan leader
By Clement Uwiringiyimana KIGALI – U.S. Secretary of State Antony Blinken said on Wednesday he had raised with Rwanda’s president
Taiwan says China’s threat remains, though military drills ease
By Yimou Lee TAIPEI -China’s threat of force is undiminished, Taiwan President Tsai Ing-wen said on Thursday, even though Beijing’s