ZURICH (Reuters) – Credit Suisse announced on Thursday a strategic revamp aiming to turn the corner on years of scandals,…
Samsung boss Jay Y. Lee to build on late father’s legacy
By Joyce Lee SEOUL (Reuters) – As Samsung Electronics’ de facto leader Jay Y. Lee steps up as chairman, daunting…
Greek banks overlooked but on bumpy road to re-rating -Eurobank Equities
ATHENS (Reuters) – Rising interest rates will provide a significant tailwind to Greek bank earnings this year and the next,…
Seed maker Syngenta sales growth eases but still quite robust
ZURICH (Reuters) -Swiss agrichemicals and seeds group Syngenta on Thursday logged slightly slower – albeit still robust – growth in…
Beiersdorf ups 2022 sales forecast on strong demand for skin care, Tesa products
BERLIN (Reuters) – Nivea maker Beiersdorf on Thursday raised its sales guidance for the full year after strong demand for…
Biden compares Republican economic plans to Britain’s Truss
WASHINGTON (Reuters) – U.S. President Joe Biden on Wednesday compared Republican plans on taxes and spending if they take control…
UAE wealth fund ADIA reports strong 2021 returns, restructures internally
By Yousef Saba DUBAI (Reuters) – The Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds,…
Japan to unveil $200 billion spending package to ease inflation pain – sources
By Yoshifumi Takemoto and Takaya Yamaguchi TOKYO (Reuters) -Japan will unveil on Friday a fresh spending package of more than…
South Korea ministers pledge to boost economy
SEOUL (Reuters) -South Korea’s government said on Thursday it would ease regulations on the housing sector and boost policy support…
Swedbank’s quarterly profit tops forecast as interest income gives boost
By Johan Ahlander STOCKHOLM (Reuters) -Swedbank on Thursday reported a better-than-expected operating profit for the third quarter, underpinned by strong…