ATHENS (Reuters) – Alpha Finance, a subsidiary of Alpha Bank, on Monday raised its price targets on shares of Eurobank,…
Spanish banks mull legal challenge to bank tax proposal
By Jesús Aguado MADRID (Reuters) -Spanish banks Bankinter and Caixabank are considering challenging the government’s new banking tax proposal in…
WTO says trade growth likely to slow as demand weakens
GENEVA (Reuters) – The World Trade Organization said on Monday that its goods barometer had fallen below trend, indicating that…
Credit default ratio in Brazil hits highest in almost 4 years
BRASILIA (Reuters) – A broad measure of Brazilian consumer and business credit default ratios rose in October to its highest…
Rolls-Royce successfully tests hydrogen-powered jet engine
LONDON (Reuters) – Britain’s Rolls-Royce said it has successfully run an aircraft engine on hydrogen, a world aviation first that…
German finance minister expects higher debt burden but no tax rises
BERLIN (Reuters) – Germany’s Finance Minister Christian Lindner said on Monday he expects the country’s debt to GDP ratio to…
Canadian banks count on loan growth as stormy markets dent profits
By Niket Nishant and Divya Rajagopal (Reuters) -Top Canadian banks are expected to post a decline in fourth-quarter profits as…
Philip Morris to de-list Swedish Match after raising stake to 93%
By Marie Mannes STOCKHOLM (Reuters) -Philip Morris International (PMI) said on Monday it now owned a big enough stake in…
India’s economy likely slowed to annual 6.2% in July-Sept: Reuters Poll
By Indradip Ghosh BENGALURU (Reuters) – The Indian economy likely returned to a more normal 6.2% annual growth rate in…
Barclays CEO Venkat to undergo cancer treatment, prognosis ‘excellent’
By Lawrence White LONDON (Reuters) -Barclays PLC said on Monday that Chief Executive C.S. Venkatakrishnan would undergo treatment for non-Hodgkin…