ZURICH (Reuters) – UBS and Credit Suisse lost some ground in their combined share of the Swiss funds business last year, the Asset Management Association of Switzerland said on Monday, predictin[...]
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January 29, 2024
Bayer shares fall nearly 6% on court order to pay $2.25 billion in damages
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) – Shares in Bayer dropped as much as 5.7% on Monday after the embattled German company was ordered to pay $2.25 billion in damages, the hi[...]
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China’s vice premier urges more support for listed firms amid market rout
BEIJING (Reuters) – Chinese Vice Premier He Lifeng on Monday called for greater support for listed companies in an effort to help stabilise capital markets, the Xinhua News Agency reported, amid[...]
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Holcim shares surge after investors welcome move to spin off N.American business
ZURICH (Reuters) – Holcim shares were the best performers in Europe on Monday after investors welcomed the building material giant’s plan to separate its North American business and list i[...]
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Toyota halts shipment of some vehicles over certification issues
By Daniel Leussink TOKYO (Reuters) -Toyota Motor said it would suspend shipments of some models including the Hilux truck and Land Cruiser 300 SUV after finding irregularities in certification tests f[...]
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EU reinforces tight limits on crypto firms from outside bloc
By Huw Jones LONDON (Reuters) – Crypto companies based outside the EU will only be able to directly serve customers within the bloc under very limited conditions to avoid unfair competition, the[...]
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US economic expansion likely hinges on a nimble Fed this time
By Howard Schneider WASHINGTON (Reuters) – It took a stock market crash, a housing crash and a pandemic to kill the last three U.S. economic expansions. But of all the risks facing a resilient e[...]
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Ryanair trims annual profit forecast after travel agents halt sales
By Conor Humphries DUBLIN (Reuters) -Ryanair on Monday trimmed its profit forecast for the year to the end of March after some online travel agents suddenly stopped selling its flights in December, fo[...]
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ECB’s next move is a cut but policymakers spar on timing
FRANKFURT (Reuters) -The European Central Bank’s next move will be an interest rate cut but policymakers speaking on Monday spared on the exact timing of the move or the trigger for action. The[...]
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