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…
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…
Yara CEO says green tech investors looking at U.S., not Europe
LONDON (Reuters) – Europe is not providing sufficient incentives for companies such as fertiliser producer Yara to transition to green…
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…
German harmonized inflation eases to 9.6% y/y in December
BERLIN (Reuters) – German inflation eased further in the final month of 2022, with consumer prices rising by 9.6% year…
Nissan directors endorse steps to reach deal with Renault-sources
By Maki Shiraki TOKYO (Reuters) – A Nissan Motor Co board committee reviewed proposals from Renault SA on Monday and…
Marketmind: Ugly duckling
A look at the day ahead in European and global markets from Anshuman Daga While Chinese economic data didn’t come…