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Friday, November 15, 2024

First Citizens profit beats estimates as Silicon Valley Bank stabilizes

 First Citizens BancShares' (FCNCA.O), opens new tab first-quarter profit...

Thales could be tempted by Atos defence assets, says CFO

French defence group Thales (TCFP.PA), opens new tab opened...

UAE facing pensions ticking time bomb – report

A new report has revealed that residents...
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Amelia Pearce

Amelia Pearce, a London-based lifestyle writer, explores the cultural aspects of vaping. From trendy vape lounges to fashionable accessories, she keeps readers in the loop about the latest vaping trends influencing the UK scene.

India cenbank lays out roadmap for small lenders to achieve universal bank status

 India's central bank on Friday released, opens new tab a set of criteria that small lenders need to achieve, including performance metrics and market listing, to...

NMDC Energy’s shares surge above 20% on trading debut

Shares of NMDC Group’s energy unit, NMDC Energy, soared on its trading debut on Wednesday after the company raised $877m (Dhs3.22bn) in what is...

Capital flows to emerging markets to net $903 billion in 2024, IIF says

Major developing economies are expected to see net capital inflows this year rise by nearly a third to $903 billion, though much of that...

UK home prices to build on recent gains but supply an issue, Reuters poll finds

British home prices will rise modestly this year and increase faster than overall inflation in the next two years, according to housing market specialists...

Amid merger speculation, Brazilian airline Gol parent talks with Azul

The parent company of Brazilian airline Gol <GOLL4.SA> has started talks with rival Azul to "explore opportunities," both airlines said on Monday, following media...

Iceland elects businesswoman Halla Tomasdottir as new president, beating former PM

Halla Tomasdottir, an entrepreneur, has won Iceland's presidential election and will take over the mostly ceremonial role from incumbent Gudni Johannesson, broadcaster RUV reported...

Sign of intervention? Japan’s yen jumps against dollar

 The yen jumped against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities as a trigger for the bounce in a...

Explainer: What S&P’s ratings downgrade means for France

Standard & Poor's (S&P) decision to downgrade its rating on France's sovereign debt should in the short term deliver more political sting than pain...

Law firm Paul Hastings hits rival King & Spalding for latest mass hire

U.S. law firm Paul Hastings on Monday said it has hired a large team of finance and restructuring partners from King & Spalding, including...

ECB revamps its annual health checks on banks

The European Central Bank is streamlining its health checks on the euro zone's banks, allowing it to train its focus on pressing lapses and...

Exclusive: Private credit boom drives Sixth Street hiring spree in Europe

Sixth Street is embarking on the biggest European recruitment drive in its 15-year history, leasing a new regional headquarters in London's Mayfair and adding...

Russia’s VTB bank says US sanctions have complicated cross-border transactions

U.S. sanctions imposed on Moscow this month have complicated the foreign trade operations of Russian banks, but they are gradually adapting to the new...

Belgium refuses VTB’s request to unblock client assets, says Russian bank

Belgium's finance ministry has refused Russian state-owned bank VTB's (VTBR.MM), opens new tab request for licences to unblock customer assets held through its brokerage accounts, the...

UK inflation pressure stays hot, dashing hopes for June rate cut

 Inflation in Britain eased less than expected and a key core measure of prices barely dropped, prompting investors to pull bets on a Bank...

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