SUNDERLAND, England (Reuters) – Nissan said on Thursday that a $1.4 billion investment in a new electric vehicle and battery […]
Swiss UBP to acquire Danske Bank’s international wealth management business
ZURICH (Reuters) – Swiss private bank Union Bancaire Privée <UBP) said on Thursday it was acquiring Danske Bank’s Luxembourg-based wealth […]
Credit Suisse to realign strategy this year, chairman says
ZURICH (Reuters) – Credit Suisse expects to decide on a new strategy by the end of the year, Chairman Antonio […]
Malaysia says palm oil industry faces $2.4 billion annual loss due to labour crunch
KUALA LUMPUR (Reuters) – Malaysia, the world second-largest palm oil producer, is facing a labour shortfall of around 32,000 people […]
Greek bank rescue fund reduces stake in Alpha Bank to 9%
ATHENS (Reuters) – Greece’s bank rescue fund HFSF said on Thursday it took part in Alpha Bank’s 800 million euro […]
EU’s indebted states could ill afford yield surge, watchdog says
FRANKFURT (Reuters) – The European Union’s most indebted governments could ill afford a surge in yields after borrowing massively to […]
Cyber reinsurance rates rocket at July renewals – Willis Re
LONDON (Reuters) – Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker […]