Reuters UK Business

(Reuters) – Bank of America has appointed 30-year veteran Brian Weinstein to a newly created role as head of its EMEA Global Markets division, according to a memo seen by Reuters on Monday. Weinstein will also become the head of EMEA fixed-income, currencies and commodities trading, subject to regulatory approval, the memo said. He was …

BofA appoints insider Brian Weinstein to lead its EMEA global markets division Read More »

(Reuters) -Initial public offerings (IPOs) are slowly coming back in Europe after a summer lull. Swedish real estate group Sveafastfighter priced its IPO at 3.5 billion crowns ($330.59 million), as it plans to debut in Stockholm by the end of the year, while Spanish energy and water utility Cox Energy plans to raise 300 million …

Factbox-IPOs stage fall comeback in Europe Read More »

DUBAI (Reuters) – QatarEnergy, one of the world’s top suppliers of liquefied natural gas, said on Monday it had agreed to take a 50% stake in TotalEnergies’ 1.25-gigawatt solar project in Iraq. The French energy giant will retain the remaining 50% stake in the project, which is part of Iraq’s $27 billion Gas Growth Integrated …

QatarEnergy takes 50% stake in TotalEnergies solar project in Iraq Read More »

(Reuters) – Swiss hearing aid maker Sonova is resuming supplies to Costco, a source with knowledge of the matter told Reuters on Monday. Its shares rose as much as 7% to their highest in more than two years. The product to be sold at Costco, a prescription hearing aid by the name of Sennheiser Sonite …

Swiss hearing aid maker Sonova resumes supplying Costco, source says Read More »

By Maria Martinez WASHINGTON (Reuters) – Progress on European banking union is vital to policymakers’ push to encourage cross-border mergers because banks will only be able to leverage synergies if there is a common market for their services, the head of Germany’s banks’ association said. Designed after the financial crisis, the banking union aims to …

Europe’s banking union is crucial for merger push, says German banks group head Read More »

LONDON (Reuters) – British retailers reported a fall in sales for October as consumers held off on spending ahead of this week’s budget announcement by finance minister Rachel Reeves, the Confederation of British Industry said on Monday. The CBI’s monthly retail sales survey – conducted between Sept. 26 and Oct. 15 – showed the headline …

UK shoppers cut back on spending ahead of budget, CBI says Read More »