Jo Johnson, a former Conservative minister and brother of former prime minister Boris Johnson, has stepped down as director of Elara Capital Plc, a UK firm named in a short seller report about the Adani group.
Derivatives shops, used to clearing hundreds of billions of dollars in trades every day, found themselves in a dramatically different era this week: the old days of manually processing deals.
European banks are reveling in their highest profits since before the financial crisis, benefiting from the unprecedented pace of rate increases that’s driving a surge in lending income. The question is how long it can last.
Germany has given the green light for the export of Leopard 1 main battle tanks to Ukraine, government spokesman Steffen Hebestreit told a regular news conference in Berlin on Friday.
Meme-stock investor Ryan Cohen has built a sizable stake in Nordstrom Inc. and aims to replace at least one of the department store chain’s directors, according to a person familiar with the matter.
Germany and Sweden are in talks over a new weapons package which would see Stockholm provide air defense missiles and launchers for Germany’s IRIS-T systems to Ukraine, according to people familiar with the matter.
Egypt’s central bank unexpectedly kept interest rates unchanged for the first time since September, as the government of one of the Middle East’s most indebted nations struggles to lure back investors and already faces growing borrowing costs.
Russia will almost triple the amount of foreign currency it plans to sell through early March as energy revenues plunge amid mounting restrictions on exports.
German households and businesses saved too little gas in the second half of January, according to the country’s network regulator.
State Bank of India’s quarterly profit rose 69% from the previous year, surpassing analyst estimates, amid heightened interest in the lender’s exposure to billionaire Gautam Adani.
