Spanish banks, unions agree on 11% wage increase over three years
Spanish banks and unions on Tuesday reached an agreement to raise wages of employees in the sector by 11% over the coming […]
Eni’s biofuel unit could be valued up to 12.5 bln euros in KKR deal
Italy’s Eni (ENI.MI), opens new tab is in exclusive talks with investment company KKR (KKR.N), opens new tab over the sale of a minority stake in […]
Singapore seen keeping monetary policy unchanged amid inflation risks
Singapore’s central bank is widely expected to keep monetary policy unchanged this week and hold off easing settings amid lingering risks to […]
ECB’s de Guindos hints at September rate decision, focus on forecasts
European Central Bank vice-president Luis de Guindos hinted at a possible interest rate cut in September, singling out the ECB’s new projections […]
China’s loan collateral tweak will ease ‘asset famine’, state media says
China’s central bank’s decision to lower the collateral requirement for medium-term loans will alleviate the “asset famine” pressure on the bond market, […]
European banks’ earnings in spotlight after big share price gains
Europe’s biggest banks report their second-quarter earnings this week, with all eyes on whether the gains from higher interest rates have run […]
Brown & Brown’s quarterly profit jumps 35% on higher commissions, fees
Insurance brokerage Brown & Brown’s (BRO.N), opens new tab second-quarter profit increased about 35% on Monday as the company earned higher commissions and fees […]
UniCredit to cut staff numbers in central finance division to reduce costs
Italian bank UniCredit (CRDI.MI), opens new tab is reorganising its finance division and cutting staff numbers, an internal memo showed on Monday, after CEO […]
Hong Kong government raises US$3.2 billion via multicurrency green bond
Hong Kong’s government raised US$3.2 billion via green bonds denominated in US dollars, euros and offshore yuan in the city’s latest push to establish […]
Woodside Doubles Down on U.S., LNG With Tellurian Takeover
Energy said it intends to acquire Tellurian and its proposed liquefied natural gas development in the southern U.S. for around $900 million, […]
UK clears Nationwide Building’s $3.75 bln Virgin Money deal
Britain’s competition regulator said on Friday it has cleared Nationwide Building Society’s (NBS.L), opens new tab proposed 2.9-billion-pound ($3.75 billion) all-cash deal to buy […]
China’s revenue from government land sales down 18.3% year on year
China’s government posted an extended decline in land sales revenue in the first half of 2024, finance ministry data showed on Monday. […]