Category Archives:
Monte dei Paschi kicks off 2.5 billion euro cash call
MILAN (Reuters) - Italy's Monte dei Paschi di Siena launched on Monday a new share sale, its seventh in 14 years, seeking to raise up to 2.5 billion euros ($2.4 billion) to fund its latest turnaround ...
Oct 17, 2022
BTS members to serve military duty -HYBE
SEOUL (Reuters) - K-pop boy band BTS members will serve mandatory military service, starting with its oldest member Jin, their agency said on Monday. "All other members will also serve mandatory milit...
Oct 17, 2022
Japan won’t rule out corporate, income tax hikes to fund military spending -lawmaker
TOKYO (Reuters) - Japan has not ruled out raising corporate and household income taxes to fund a planned increase to its defence budget in the next fiscal year, the head of the ruling Liberal Democrat...
Oct 17, 2022
Vodafone and Altice in German tie-up to bring fibre broadband to homes
LONDON (Reuters) - Britain's Vodafone and France's Altice said they would create a joint venture in Germany named FibreCo to provide faster fibre broadband to up to 7 million homes over a six-year per...
Oct 17, 2022
Big Chinese banks pledge enhanced support for economy as Xi sounds call for growth
BEIJING (Reuters) - China's six largest state-owned banks vowed they will enhance support to the slowing economy, in response to President Xi Jinping's call for a high-quality economic growth at the o...
Oct 17, 2022
Credit Suisse pays $495 million to settle legacy case
ZURICH (Reuters) - Credit Suisse has agreed to pay $495 million to settle a case related to pre-2008 transactions linked to its residential mortgage-backed security (RMBS) business, the bank said on M...
Oct 17, 2022
Credit Agricole and CACEIS to buy RBC Investor Services’ Europe unit
PARIS (Reuters) - CACEIS, the asset servicing business owned by French bank Credit Agricole and Spanish bank Santander, has struck a preliminary deal to buy the European asset servicing business of RB...
Oct 17, 2022
Exclusive-Scores of Google rivals want EU tech law used in antitrust case – letter
By Foo Yun Chee BRUSSELS (Reuters) - More than 40 European rivals to Google's shopping service urged EU antitrust regulators on Monday to use newly adopted tech rules to ensure the Alphabet unit compl...
Oct 17, 2022
Surging dollar tests China’s capital controls as cash flees
By Georgina Lee and Summer Zhen SHANGHAI/HONG KONG (Reuters) - Cash is leaving China's financial markets at the fastest clip in years as investors flee a falling currency and sputtering economy, and a...
Oct 17, 2022
Eurowings pilots begin strike over workload
BERLIN (Reuters) - Pilots at Lufthansa's budget division Eurowings began a three-day strike on Monday over working hours, their union said, confirming action that risks affecting thousands of passenge...
Oct 17, 2022
Peoria, IL, USA
74 °F Sunny
