Europe's banks are bracing for a wave of defaults
Some of Europe's biggest banks are setting aside more cash to absorb potential losses on loans, as rising interest rates increase pressure on borrowers.
2023-07-28 00:27
NatWest Says Coutts Boss Flavel Leaves With Immediate Effect
NatWest Group Plc said the head of its Coutts subsidiary is stepping down, the latest senior figure to
2023-07-27 21:24
Instant view: ECB lifts interest rates for ninth time in a row
The European Central Bank raised interest rates for the ninth consecutive time on Thursday and kept the door
2023-07-27 20:58
European Central Bank hikes rates to highest level since 2000
The European Central Bank raised interest rates by a quarter of a percentage point Thursday, judging that inflation remains too high even as data points to a deepening economic downturn in the 20 countries that use the euro.
2023-07-27 20:21
Microsoft Teams Faces EU Antitrust Probe in Salesforce Clash
Microsoft Corp. faces a European Union probe over concerns it’s driving out competition by unfairly bundling its Teams
2023-07-27 19:23
Abrdn Appoints New CFO, Closes Former Flagship Fund
Abrdn Plc appointed Aviva Plc veteran Jason Windsor as its new chief financial officer following the departure of
2023-07-27 18:53
Just Eat CEO Says Grubhub Sale Is Proving ‘Very Difficult’
Just Eat Takeaway.com NV is finding it difficult to complete the sale of its US business, Grubhub Holdings
2023-07-27 18:52
Greece Fights Wildfires as Wind Raises Risk Across Mediterranean
Greece is fighting almost 200 wildfires as strengthening winds present an additional challenge, even as the heat wave
2023-07-27 17:25
TotalEnergies Maintains Investor Payouts Despite Profit Miss
TotalEnergies SE stuck to plans for shareholder payouts and capital spending even as second-quarter profit missed estimates. Oil
2023-07-27 16:50
Wheat Jumps After Russian Strike Boosts Black Sea Supply Fears
Wheat futures climbed as Ukraine said Russia fired two Kalibr cruise missiles from a submarine in the Black
2023-07-27 15:56
Europe Gas Prices Steady as Shell Sees Healthy Winter Stockpiles
European natural gas prices steadied following the biggest drop in more than a month, as Shell Plc sees
2023-07-27 15:55
Shell Pledges Extra Buybacks, Hikes Dividend as Profit Drops
Shell Plc’s second-quarter profit fell from the highs seen last year but the company pledged extra share buybacks
2023-07-27 15:51