Prosecutors Charge German in €24 Million Insider Trading Probe
German prosecutors charged a 48-year-old man accused of making €24 million ($25.3 million) as part of a wider insider trading scheme.
Bloomberg Business
Truist Shrinks Board to Bring It Closer to Peers After Criticism
Truist Financial Corp. said eight board members are resigning, bringing the number of directors more in line with industry peers after the bank faced criticism over its governance practices.
Too Expensive, Too Scarce: Doubt Sets in On Green Aviation Fuel
As the aviation industry looks to achieve carbon-neutral status by 2050, sustainable aviation fuel has emerged as the magic potion to propel airlines and manufacturers into that era.
Saudi Aramco Hunts for More LNG Deals to Meet Surging Demand
Saudi Aramco is looking for more acquisitions in LNG following a first-ever deal in the industry last month, as it sees growing demand for the fuel.
Abu Dhabi Non-Oil Economy Booms Amid Push to Attract Businesses
Abu Dhabi’s non-oil economy expanded briskly in the second quarter as its efforts to become a hub for hedge funds and other financial firms start to pay off.
Riksbank Board Hints More Hikes for Longer May Be Needed
Board members of Sweden’s Riksbank signaled they are ready to deploy another key rate hike and plan to keep a restrictive monetary policy for longer in the battle with stubbornly high inflation.
Water Bills in England to Rise 35% by 2030 to Fund Spending
Water bills for households in England are set to rise by 35% on average by the end of the decade as suppliers ramp up investment to expand and fix leaky networks.
Barclays Sees Risk of Meaningful Hit to ESG Fund Flows in EU
Asset managers selling funds into the European Union risk having client flows “meaningfully” disrupted as regulators in the bloc consider a major overhaul of ESG investing rules, according to analysts at Barclays Plc.
Middle East Is in a ‘Golden Era,’ JPMorgan’s European Boss Says
The Middle East is enjoying a “golden era” as global tensions push money and talent into the region, according to JPMorgan Chase & Co.’s European boss Viswas Raghavan.
Dutch Finance Minister Says Buyback Tax Would Raise Less Money
Dutch Finance Minister Sigrid Kaag said a parliament proposal to introduce a tax on share buybacks would raise less money than expected.
