Featured HSBC faces €31.7m penalty after EU court decision Aya El Sayed Nov 27, 2024 0 HSBC has lost its challenge against a 31.7 million euro ($33.4 million) fine imposed by the European Union (EU) for…
Featured Blackstone to float Spain’s Cirsa shares in €1b IPO Aya El Sayed Nov 25, 2024 0 Private equity giant Blackstone aims to list shares of Spanish gambling company Cirsa in an initial public offering…
Featured GM, Ford face investor scrutiny over pricing power, EV losses Aya El Sayed Oct 21, 2024 0 General Motors (GM) and Ford Motor are set to release their third-quarter results, with GM reporting on October 22…
Featured World Bank raises €2.5b euro bond, 1st for FY25 Aya Anwar Aug 21, 2024 0 The World Bank, represented in the International Bank for Reconstruction and Development (IBRD), has successfully…
Featured BNY Mellon warns of risks in Turkish asset inflows Aya El Sayed Jul 30, 2024 0 BNY Mellon has raised concerns about the surge in foreign investment into Turkish assets, suggesting that the…
Featured Europe property funds face reckoning, Amundi nears major sale Aya El Sayed Jul 30, 2024 0 Amundi SA is close to finalising a sale of business parks to Blackstone Inc. for €250 million to €300 million as it…
Banks European banks earnings to show impact of external factors Aya El Sayed Jul 22, 2024 0 This week, Europe’s largest banks will announce their second-quarter earnings, focusing on whether gains from…
Featured Deutsche bank faces profit risk amid Postbank lawsuit Aya El Sayed Jul 16, 2024 0 Deutsche Bank is expected to report a loss for the second quarter, breaking a 15-quarter streak of profitability,…
Energy Germany’s power grids need €300b for decarbonisation – KfW Aya El Sayed Jul 9, 2024 0 Germany needs approximately 300 billion euros ($325 billion) in investments by mid-century to modernise its power…
Featured Sterling gains on weak dollar, UK services growth Aya El Sayed Jul 3, 2024 0 The pound strengthened on Wednesday, capitalising on a weakening dollar and a UK services sector report indicating…