Bern (Reuters) – The Swiss National Bank has welcomed Credit Suisse’s new strategy with Chairman Thomas Jordan saying the overhaul…
HSBC’s disgruntled HK retail shareholders campaign for spinoff
By Selena Li HONG KONG (Reuters) -A small group of HSBC’s Hong Kong-based retail investors are seeking support to put…
JPMorgan, Citi and BNP invest in risk management provider Acin
By Andres Gonzalez LONDON (Reuters) – A group of five banks including JPMorgan, Citi and BNP Paribas are among the…
German wholesale price index eases in November
BERLIN (Reuters) – Germany’s wholesale price index eased in November compared to the previous month, as signs mounted that inflation…
Foreigners turn net buyers of Japanese stocks last week
(Reuters) – Foreign investors were net buyers of Japanese stocks last week, as worries about the U.S. Federal Reserve’s interest…
British American Tobacco closes Swiss plant, lays off 226 -paper
ZURICH (Reuters) – British American Tobacco is to close a cigarette manufacturing plant in Switzerland next year, laying off the…
Norsk Hydro to supply Mercedes-Benz with low-carbon aluminium
By Victoria Klesty OSLO (Reuters) – Norsk Hydro will supply Mercedes-Benz with low-carbon aluminium for a range of models from…
Germany’s half-a-trillion dollar energy bazooka may not be enough
By Christoph Steitz FRANKFURT (Reuters) – Germany is bleeding cash to keep the lights on. Almost half a trillion dollars,…
Marketmind: Thank you, next
A look at the day ahead in European and global markets from Ankur Banerjee With the market on edge after…
Russia discusses debt, energy stability with Venezuela
CARACAS (Reuters) – Russian Deputy Prime Minister Alexander Novak met on Wednesday with Venezuela’s oil minister in Caracas, where they…