DOHA (Reuters) – Swiss wealth manager Julius Baer has hired the former head of private banking at Doha Bank, Slim Bouker, to lead an expansion in Doha, where it plans to open an advisory office at the Qatar Financial Centre, it said on Tuesday. Julius Baer will open its Doha office once regulatory approvals are …
Julius Baer hires Doha Bank’s head of private banking to lead Qatar expansion Read More »
WARSAW (Reuters) – All nine members of Poland’s Monetary Policy Council (MPC) present at its March rate-setting meeting voted in favour of a 75 basis point hike, voting records showed on Tuesday. In March the MPC raised Poland’s main interest rate to 3.50% from 2.75%. (Reporting by Alan Charlish and Pawel Florkiewicz)
By Amna Karimi (Reuters) -British waste-management specialist Biffa said on Tuesday it has received a possible buyout offer from a private equity firm that values it at about 1.36 billion pounds ($1.69 billion), sending shares to an all-time high. The London-listed company said the unsolicited proposal from affiliates of private equity firm Energy Capital Partners …
UK’s Biffa soars on $1.7 billion buyout proposal Read More »
By Saikat Chatterjee and Joice Alves LONDON (Reuters) -Sterling fell to near three-week lows on Tuesday as the weakness of British Prime Minister Boris Johnson’s position unnerved investors, while a broader rise in the U.S. dollar also weighed on sentiment. Sterling had recovered some ground on Monday after Johnson won a confidence vote 211 to …
Johnson’s weakness keeps pound pinned near 3-week lows Read More »
By Susan Mathew (Reuters) – European shares fell on Tuesday as investors worried about the squeeze to economic growth from aggressive monetary policy tightening by central banks in a bid to tame rising inflation. The pan-European STOXX 600 index fell 0.5%, giving back half of Monday’s gains, with tech shares leading declines. Australia’s central bank …
Tech leads Europe shares lower on tighter monetary policy fears Read More »
BERLIN (Reuters) – Investor morale in the euro zone rose more than expected in June, the first increase after Russia’s invasion of Ukraine, a survey showed on Tuesday, as many companies have not yet felt as much impact from inflation and supply bottlenecks as feared. Sentix’s index for the euro zone rose to -15.8 points …
Euro zone investor morale improves but economy still in downturn Read More »
By Lucy Raitano and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -The British pound held gains late on Monday against the dollar and euro, after Prime Minister Boris Johnson won a confidence vote, called by members of his Conservative Party, but by a relatively modest margin. In late afternoon trading, the British pound rose 0.3% to $1.2531, …
Sterling holds gains as UK’s Johnson wins confidence vote Read More »
By Stephen Nellis CUPERTINO, Calif. (Reuters) -Apple Inc on Monday announced it would more deeply integrate its software into the core driving systems of cars, while the iPhone maker rolled out a slew of features for payments and business collaboration. Apple also announced that its new MacBook Air laptop was redesigned around a new M2 …
Apple dives deeper into autos with software for car dashboard Read More »
By Luc Cohen and Karen Freifeld NEW YORK (Reuters) -A U.S. court on Monday issued warrants for the seizure of two luxury planes owned by Russian billionaire Roman Abramovich under U.S. measures imposed after Russia’s invasion of Ukraine, court records showed. But the U.S. government’s likelihood of gaining control of the aircraft worth nearly $400 …
U.S. wins authority to seize Russian oligarch’s planes Read More »
LONDON (Reuters) – British advertising group M&C Saatchi, which last month agreed a takeover by consultancy Next Fifteen Communications, has removed Vin Murria, its biggest shareholder, from its board, it said on Monday. The group had last month rejected an offer worth 254 million pounds ($317.5 million) from Murria’s AdvancedadvT investment vehicle in favour of …
M&C Saatchi removes Vin Murria from board after agreeing takeover by Next Fifteen Read More »
