CME’s Currency Trading Drops to Two-Year Low as Volatility Fades
Currency volumes have dried up to the lowest in two years as quiet markets give investors little reason
2023-11-07 18:54
Telefonica Seeks 28% in German Unit for €2 Billion
Spain’s Telefonica SA is seeking to buy up the outstanding shares in its German unit for as much
2023-11-07 18:52
ING Plans €2.5 Billion Buyback as Higher Rates Buoy Profit
ING Groep NV announced a bigger share buyback program than analysts had expected as higher interest rates continued
2023-11-02 15:45
Saudi Budget Deficit Blows Out to $9.5 Billion as Revenues Slip
Saudi Arabia posted a budget deficit in the third quarter that was almost seven times larger than in
2023-11-02 15:23
Investcorp Capital’s Abu Dhabi IPO to Raise Up to $403 Million
Investcorp Capital Plc, an investment vehicle backed by the Middle East’s biggest alternative asset manager, is looking to
2023-11-02 13:49
Next Raises Guidance Again on Strong Third Quarter Sales
Next Plc, the British clothing and homeware chain, raised profit guidance for the fourth time in recent months
2023-11-01 16:59
Bayer Hit With $332 Million Roundup-Cancer Verdict by Jury
Bayer AG’s Monsanto unit was ordered by a California jury to pay $332 million to a former land
2023-11-01 16:51
Evergrande Said to Have Proposed New Debt Plan, Reuters Says
China Evergrande Group has proposed a new debt restructuring plan for offshore bondholders, Reuters reported citing two people
2023-11-01 15:46
Prada Sales Slow Despite Strong Miu Miu Label Performance
Prada SpA’s sales slowed as the Italian fashion company experiences a cutback in luxury demand that other competitors
2023-11-01 10:55
China’s Central Bank Drains Liquidity After Overnight Rate Surge
China’s central bank withdrew cash from the financial system, suggesting it sees Tuesday’s abrupt surge in short-term borrowing
2023-11-01 10:16
AB Inbev Says Profit Still on Track After US Transgender Row
Anheuser-Busch InBev NV kept its annual profit forecast and announced a $1 billion share buyback, even as US
2023-10-31 16:58
Spain Weighs Buying Telefonica Stake to Counter Saudi Deal
The Spanish government is considering buying a stake in Telefonica SA following Saudi Telecom Co.’s plan to become
2023-10-31 16:53