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ALD CEO: most existing shareholders fully subscribing to capital increase
By Nick Carey LONDON (Reuters) - Most of ALD's existing shareholders are participating in a 1.2 billion euro ($1.27 billion) capital increase launched to finance its purchase of Dutch rival LeasePlan,...
Syndicated Content Dec 09, 2022
SAP to stop developing new functions for Business ByDesign software -Handelsblatt
BERLIN (Reuters) - Software maker SAP will not develop any new functions for its Business ByDesign software for small and medium-sized firms from the second quarter of 2023, German daily Handelsblatt ...
Syndicated Content Dec 09, 2022
BNP Paribas hands its London bankers standardised job titles to ensure transparency
By Sinead Cruise and Stefania Spezzati LONDON (Reuters) - BNP Paribas is introducing titles to grade hundreds of investment bank employees in the UK, a move to ensure a transparent job evaluation sche...
Syndicated Content Dec 09, 2022
Irish Central Bank fines subsidiary of France’s AXA over breaches
DUBLIN (Reuters) - The Irish Central Bank has fined a subsidiary of French insurer AXA 3.6 million euros ($3.8 million) for failures in corporate governance and risk management and the handling of con...
Syndicated Content Dec 09, 2022
Mexican airline Volaris exploring sustainable fuel options
By Kylie Madry MEXICO CITY (Reuters) - Mexican low-cost carrier Volaris is exploring options to obtain sustainable aviation fuel (SAF), including a potential deal in the United States, the airline's t...
Syndicated Content Dec 09, 2022
Dutch economic growth to slow to 0.6% in 2023 -IMF
AMSTERDAM (Reuters) - Economic growth in the Netherlands is set to slow to 0.6% next year as high inflation hits domestic spending and puts a brake on exports, the International Monetary Fund (IMF) sa...
Syndicated Content Dec 09, 2022
U.S. equity funds register biggest weekly outflow in about 1-1/2 years
(Reuters) - U.S. equity funds posted enormous outflows in the week to December 7 as investors fretted over the Federal Reserve's rate hikes, with data showing a rebound in employment and a pick up in ...
Syndicated Content Dec 09, 2022
Intesa Sanpaolo says repaid around 5.5 billion euros of ECB loans
MILAN (Reuters) - Italy's Intesa Sanpaolo said on Friday it had repaid around 5.5 billion euros ($5.81 billion) in loans from the European Central Bank (ECB). The early repayment leaves the group with...
Syndicated Content Dec 09, 2022
Transport, food drive Brazil’s November inflation rise of 0.41%
SAO PAULO (Reuters) - Brazil's consumer prices as measured by the benchmark IPCA index rose 0.41% in November, below market forecasts of 0.53%, government statistics agency IBGE said on Friday. Prices...
Syndicated Content Dec 09, 2022
German network regulator: widespread power outages ‘very unlikely’
DUESSELDORF (Reuters) - Germany's energy watchdog on Friday rebuffed fears that a shortage of Russian gas would lead to large-scale power blackouts in Europe's largest economy. "Electricity supply in ...
Syndicated Content Dec 09, 2022
Peoria, IL, USA
47 °F Mist
