LONDON (Reuters) -State Street said on Tuesday it was unaware how much leverage was tied up in liability-driven investment (LDI)…
TUI boss: we are open to a big shareholder
BERLIN (Reuters) – Tourism company TUI is open to a new major shareholder after Russian billionaire Alexey Mordashov has been…
Luxury giant LVMH hits 400 billion euro in market value
MILAN (Reuters) -LVMH shares rose to a fresh record high on Tuesday, giving the luxury goods group a market capitalisation…
Russia’s Sberbank 2022 net profit drops 75.7% to 300 billion roubles
MOSCOW (Reuters) – Russia’s largest lender Sberbank on Tuesday posted a 75.7% drop in net profit to 300.2 billion roubles…
Analysis: India’s rising home prices, rentals a new inflation threat
By Siddhi Nayak MUMBAI (Reuters) – Rising home prices and rentals in large Indian cities could pose a new challenge…
Nomura cuts 18 Asia banking jobs as dealmaking slows -sources
By Selena Li and Scott Murdoch SYDNEY (Reuters) -Nomura Holdings Inc has cut 18 Asian banking jobs, most of them…
Hugo Boss FY preliminary results beat own guidance
(Reuters) – Hugo Boss on Tuesday reported a double-digit rise in preliminary full-year sales and earnings, slightly ahead of its…
UBS still hiring and in growth mode – CEO Ralph Hamers
ZURICH (Reuters) – UBS is hiring with the Swiss bank in “growth mode,” Chief Executive Ralph Hamers said at the…
Chocolate maker Lindt & Spruengli FY sales rise 8%, backs 2023 view
ZURICH (Reuters) – Lindt & Spruengli said on Tuesday that strong international sales helped organic sales grow by 8.4% last…
Asian bonds in 2022 saw first foreign outflows in six years
(Reuters) – Asia ex-China bonds recorded net foreign outflows for the first time in six years in 2022 as major…