ZURICH (Reuters) -Credit Suisse profitability could be hit by a drop in asset management fees in the fourth quarter, the…
BNP Paribas profit tops forecast despite higher costs, debt markdown
By Silvia Aloisi and Matthieu Protard PARIS (Reuters) -BNP Paribas, the euro zone’s biggest lender, posted a higher than expected…
China says U.S. has ‘no right’ to interfere in Hamburg port deal
BEIJING (Reuters) – The U.S has “no right” to interfere in Chinese cooperation with Germany, China’s foreign ministry said Thursday,…
UK services slump at fastest pace since early 2021 – PMI
LONDON (Reuters) – The biggest downturn since January 2021 hit British services companies last month, although it was not as…
BMW CFO: still in a position to achieve good prices for our cars
BERLIN (Reuters) – BMW is still in a position to achieve good prices for its cars, the company’s chief financial…
VW’s SEAT says is optimistic in finding solutions on Spain’s subsidy offer
MADRID (Reuters) – The chief of Volkswagen’s Spanish unit SEAT said on Thursday he is “optimistic” in finding “solutions” with…
ECB should hike interest rates further to combat inflation, Nagel says
MADRID (Reuters) – The European Central Bank should hike interest further to bring inflation back under control, policymaker Joachim Nagel…
Solvay raises cash flow target, announces battery materials JV with Orbia
By Elena Vardon (Reuters) – Belgian chemicals company Solvay on Thursday raised its full-year free cash flow guidance on better-than-expected…
UK watchdog tells companies to reveal more about meeting shareholders
By Huw Jones LONDON (Reuters) – Companies fail to reveal if meetings with shareholders alter their behaviour, such as in…
Russian rouble slides past 62 vs dollar to over 2-week low
(Reuters) – The Russian rouble hit a more than two-week low against the dollar in early trade on Thursday, as…