Commerzbank’s Higher Interest Guidance Disappoints Investors
Commerzbank AG declined the most in two weeks after the German lender’s upgrade for full year net interest income disappointed analysts and investors.
Commerzbank AG declined the most in two weeks after the German lender’s upgrade for full year net interest income disappointed analysts and investors.
A German football club famed for its progressive politics and social activism has become the first to speak out publicly against a plan to raise as much as €2 billion ($2.2 billion) by selling broadcasting rights to a private equity group.
Ecuador’s President Guillermo Lasso dissolved the opposition-led congress to avoid his looming impeachment, an unprecedented move that will trigger elections in the Andean nation.
Steve Cohen said investors are too worried about a market downturn and that focusing too much on recession odds may cause them to miss the “big wave” of opportunities brought on by artificial intelligence.
A deal allowing Ukraine to export crops from key ports via the Black Sea will be extended by two months, a relatively short time frame that leaves open the question of what happens beyond that period.
A key element of the European Union’s Green Deal package has been delayed after France, the bloc’s biggest supporter of nuclear power, said it won’t back a law to scale up renewable energy.
The UK government is lobbying the European Union to delay Brexit-related local manufacturing requirements after the maker of Vauxhall and Peugeot cars warned the rules may lead to factory closures.
Srichand Hinduja, co-chairman and patriarch of a sprawling global business empire that produced one of the world’s largest family fortunes, has died. He was 87.
A group of banks led by Barclays Plc and Morgan Stanley is working on a compromise deal to unlock a months-long stalemate that’s stalled efforts to calculate and disclose the carbon footprints of the industry’s capital-markets operations.
Shell Plc is seeking to sell French floating wind developer Eolfi, a potential retreat from one element of its renewable power plans as new Chief Executive Officer Wael Sawan pushes to deliver greater value to shareholders.