GM, Ford face investor scrutiny over pricing power, EV losses
General Motors (GM) and Ford Motor are set to release their third-quarter results, with GM reporting on October 22…
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Deutsche Bank
World Bank raises €2.5b euro bond, 1st for FY25
The World Bank, represented in the International Bank for Reconstruction and Development (IBRD), has successfully…
BNY Mellon warns of risks in Turkish asset inflows
BNY Mellon has raised concerns about the surge in foreign investment into Turkish assets, suggesting that the…
Europe property funds face reckoning, Amundi nears major sale
Amundi SA is close to finalising a sale of business parks to Blackstone Inc. for €250 million to €300 million as it…
European banks earnings to show impact of external factors
This week, Europe’s largest banks will announce their second-quarter earnings, focusing on whether gains from…
Deutsche bank faces profit risk amid Postbank lawsuit
Deutsche Bank is expected to report a loss for the second quarter, breaking a 15-quarter streak of profitability,…
Germany’s power grids need €300b for decarbonisation – KfW
Germany needs approximately 300 billion euros ($325 billion) in investments by mid-century to modernise its power…
Sterling gains on weak dollar, UK services growth
The pound strengthened on Wednesday, capitalising on a weakening dollar and a UK services sector report indicating…
UBS expands ME wealth management team with 10 hires
UBS announced on Tuesday the strengthening of its wealth management team in the Middle East with the addition of 10…
Deutsche Bank sets highest S&P 500 year-end target at 5,500
Deutsche Bank has increased its year-end S&P 500 target for 2024 to 5,500, the highest among major brokerages,…
