Category Archives:
Greece’s Alpha Bank agrees to sell Albanian unit to OTP Bank
ATHENS (Reuters) -Alpha Bank, one of Greece's four largest banks, has agreed to sell its Albanian unit to Hungary's OTP Bank, it said on Monday. OTP Bank will pay 55 million euros ($62.05 million) to ...
Dec 06, 2021
UK fashion chain Ted Baker Chairman John Barton dies at 77
(Reuters) -British fashion chain Ted Baker on Monday said Chairman John Barton had died, and senior independent director Helena Feltham would take on the role of interim chairman with immediate effect...
Dec 06, 2021
Bitcoin below $50,000, at early October levels, after weekend’s battering
By Alun John HONG KONG - Bitcoin hovered around $49,000 on Monday, down 1.5% on the day, as traders nursed losses after a brutal weekend in which the price of the world's largest digital asset at one ...
Dec 06, 2021
London Stock Exchange acquires Quantile
(Reuters) - London Stock Exchange Group plc said on Monday it had acquired Quantile Group Limited to expand its range of Post Trade risk management solutions. Quantile is a provider of portfolio, marg...
Dec 06, 2021
UBS Swiss arm proposes veteran Ronner as chairman
ZURICH (Reuters) - UBS Switzerland, the domestic arm of UBS Group, will propose the election of Markus Ronner as chairman and Barbara Lambert as a new independent member of the board of directors at i...
Dec 06, 2021
Weaker foreign demand sinks German industrial orders in October
BERLIN (Reuters) - German industrial orders fell much more than expected in October on weaker foreign demand, data showed on Monday, further clouding the growth outlook for manufacturers in Europe's l...
Dec 06, 2021
Malaysia’s DNB to offer 5G services to telcos for free during initial rollout
KUALA LUMPUR (Reuters) - Malaysian state agency Digital Nasional Berhad (DNB) on Monday said it will offer wholesale 5G services to mobile carriers at no cost during an initial rollout set to begin ne...
Dec 06, 2021
Renault plans fewer job cuts in France than initially planned – media
PARIS (Reuters) - French carmaker Renault has concluded its talks with labour unions, business daily Les Echos reported on Monday, saying that the company now plans for 1,700 new job cuts over the nex...
Dec 06, 2021
Hong Kong developer to offer 300 homes at 50% discount to market price
HONG KONG (Reuters) -Hong Kong property developer New World Development said on Monday it plans to sell 300 new homes at a discount of roughly 50% to the market price in the city's first subsidised pr...
Dec 06, 2021
Swiss National Bank Vice Chairman Zurbruegg to retire in July 2022
ZURICH (Reuters) -Swiss National Bank Vice Chairman Fritz Zurbruegg will retire at the end of July 2022, the central bank said on Monday. Zurbruegg, who was born in 1960 and has been a member of the S...
Dec 06, 2021
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