By Valentina Za MILAN (Reuters) – Intesa Sanpaolo sought to reassure investors over its ability to hit shareholder reward targets…
ABB sells its power conversion division for $505 million
ZURICH (Reuters) -ABB has sold its U.S.-based power conversion business to AcBel Polytech Inc for $505 million, the Swiss engineering…
Oil settles up more than 1% on China demand outlook, second weekly gain
By Laila Kearney NEW YORK (Reuters) -Oil settled up about $1 a barrel on Friday and notched a second straight…
French court orders Uber to pay some $18 million to drivers, company to appeal
By Tassilo Hummel PARIS (Reuters) – French court on Friday ordered Uber to pay around 17 million euros ($18.43 million)…
Kenya inflation to fall back within target in Q1 -cenbank governor
By Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland (Reuters) – Kenya’s central bank expects inflation to fall within its…
Hedge fund industry lost $125 billion worth of assets in 2022 – HFR
By Nell Mackenzie LONDON (Reuters) – Almost $125 billion worth of assets, from performance losses left the hedge fund industry…
ECB’s Holzmann expects at least two rate increases in H1 -newspaper
VIENNA (Reuters) – European Central Bank policymaker Robert Holzmann expects at least two interest-rate increases of 50 basis points each…
Santander lagging behind on inflation payment for German bank staff
FRANKFURT (Reuters) – Spain’s Santander is the only major bank operating in Germany that has not announced a special payment…
Young northern Europeans flock to Spain’s Malaga to work remotely
By Charlie Devereux and Corina Pons MADRID (Reuters) – The Spanish city of Malaga and its Costa del Sol surroundings…
European stocks end lacklustre week higher
By Ankika Biswas, Bansari Mayur Kamdar and Sruthi Shankar (Reuters) – European shares closed higher on Friday but marked weekly…