Italy’s Windfall Profits Tax on Banks Spooks Markets
Italy’s right-wing government spooked markets with an unexpected tax on banks’ windfall profits, sending the country’s leading lenders
2023-08-08 15:51
Bayer says guidance cut driven by Crop Science, Pharma
By Ludwig Burger FRANKFURT (Reuters) -Bayer said on Tuesday that last month's cut to its full-year earnings target was mainly
2023-08-08 15:48
Analysis-Oil hedge funds place their bets on heat-fueled hurricane season
By Nell Mackenzie LONDON Bullish gasoline positions have hit their highest since the day Russia invaded Ukraine and
2023-08-08 15:28
Italian Stocks Lead Losses in Europe After Windfall Tax on Banks
European stocks fell after Italy surprised investors with a new tax on bank profits, sending lenders’ shares plunging.
2023-08-08 15:22
SoftBank Vision Fund Swings to Profit on Global Tech Rebound
SoftBank Group Corp.’s Vision Fund eked out its first profit in more than a year, thanks to a
2023-08-08 14:59
LNG Japan Agrees $880 Million Deal to Join Giant Gas Project
LNG Japan Corp. agreed a deal worth as much as $880 million for a stake in a giant
2023-08-08 14:56
WeWork rival IWG's half-year profit surges on high demand, improved pricing
By Aby Jose Koilparambil (Reuters) -Office rental firm IWG retained a "cautiously optimistic" outlook after posting a 48% surge in
2023-08-08 14:55
Abrdn’s Assets Reach New Low as Clients Withdraw More Funds
Abrdn Plc saw its assets drop to a new low after clients pulled more money from its funds.
2023-08-08 14:49
Bayer Lowers Revenue Forecasts for Crops and Drugs Units
Bayer AG reduced its sales forecasts for its crop science and pharma divisions this year, accounting for the
2023-08-08 14:30
German inflation rose 6.5% in July
BERLIN German inflation rose in July, the federal statistics office said on Tuesday, confirming preliminary data. German consumer
2023-08-08 14:26
Glencore Mid-Year Profit Plunges 50% as Commodity Prices Retreat
Glencore Plc reported a steep drop in first-half profit and slashed returns to its shareholders after disappointing Chinese
2023-08-08 14:20
Europe’s Inflation-Risk Gauge Flashing Red Is a Headache for ECB
Market measures of inflation risk in Europe are testing record highs and posing a challenge to European Central
2023-08-08 14:19