
European Stocks Set for Worst Weekly Loss In a Month; WPP Falls
European stocks steadied after this week’s losses on signs of economic recovery in Germany while investors await the
2023-08-04 16:59

GSK’s Nigerian Unit to Close Down, Return Cash
GlaxoSmithKline Consumer Nigeria Plc, the second-biggest drug firm in the West African nation, will cease operations after its
2023-08-04 16:47

Credit Agricole’s Regional Owners to Tighten Grip on Bank
Credit Agricole SA’s regional-bank holders are planning to purchase as much as €1 billion ($1.1 billion) of the
2023-08-04 15:59

AT1s Deliver Big Returns to Traders Braving Credit Suisse Rout
In the days after Credit Suisse Group AG’s AT1s were wiped out, speculation was rife that the market
2023-08-04 15:53

Aramco, Siemens Energy, Novo Nordisk Top European Earnings to Watch Next Week
As a dense but brief European earnings season draws to a close, a handful of big hitters spanning
2023-08-04 15:52

Credit Agricole Nears Deal for Degroof Petercam
Credit Agricole SA will acquire a majority stake in Belgian asset and wealth manager Degroof Petercam, as the
2023-08-04 15:26

Saudi Budget Slips Deeper Into Deficit With Jump in Spending
Saudi Arabia’s budget deficit widened in the second quarter as the government raised spending on social benefits and
2023-08-04 15:25

World’s Largest Pension Fund GPIF Has Record Gain
Japan’s state pension fund, the world’s largest, posted a record gain of ¥18.98 trillion ($133 billion) during the
2023-08-04 15:17

Bond Traders Eye 5 Basis Points as BOJ Intervention Trigger
Bond traders are on guard for a further five-basis-points increase in benchmark Japanese bond yields amid speculation that
2023-08-04 15:15

Germany Factory Orders Unexpectedly Jump Most in Three Years
German factory orders unexpectedly jumped the most in three years in June, a sign that Europe’s largest economy
2023-08-04 14:46

Maersk Cuts Forecast for Global Trade as Destocking Lasts Longer
A.P. Moller-Maersk A/S, a bellwether for the world economy, lowered its estimate for global container trade, saying there
2023-08-04 14:46

Monte Paschi Profit Beats Estimates on Rising Rates, Lower Costs
Banca Monte dei Paschi di Siena SpA reported better than-expected earnings as it joined European peers in benefiting
2023-08-04 14:23