EU countries agree deal to reform power market subsidies
Electricity pylons of high-voltage electrical power lines are seen in Bouchain, France, August 1, 2023. REUTERS/Pascal Rossignol/File Photo Acquire Licensing...
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UK sportswear group Frasers expands German presence with SportScheck deal
Signage for a branch of Sports Direct is seen in Oxford Street, London, Britain, July 15, 2020. REUTERS/Toby Melville/File Photo...
Crypto giant Binance’s US affiliate halts direct dollar withdrawals
Smartphone with displayed Binance logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8,...
Korean Air to offer to sell Asiana’s cargo business, routes to satisfy EU regulators -sources
The logo of Korean Airlines is seen on a B787-9 plane at its aviation shed in Incheon, South Korea, February 27, 2017. REUTERS/Kim Hong-Ji/File Photo Acquire Licensing RightsBRUSSELS, Oct 17 (Reuters) - South Korea's biggest carrier, Korean Air Lines (003490.KS), will offer to sell Asiana Airlines' (020560.KS) air cargo business and divest routes to four EU cities in a bid to gain EU antitrust approval for acquiring its rival, two people familiar with the matter said.The airline sector has seen a wave of consolidation recently, with Lufthansa (LHAG.DE) acquiring a...
EU securities watchdog warns investors over crypto market protections
A representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Oct 17 (Reuters)...
BofA profit beats estimates on higher interest income, investment banking gains
A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsOct 17 (Reuters) - Bank of America (BAC.N) beat Wall Street estimates for quarterly profit on Tuesday as it joined rivals in earning more from interest payments, while benefiting from a better-than-expected performance of its investment banking and trading divisions.The U.S. economy has shown resilience despite rising interest rates as a hot job market and healthy finances prompt consumers to spend on goods, travel...
Sterling drops after data shows UK job market cooling
Pound and U.S. dollar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON,...
Morning Bid: Banks, Biden visit buoy markets
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023....
UK’s St James’s Place revamps fees after regulator pressure
SJP posts rise in Q3 FUM; net inflows halved y/yShares up 2.1% after early lossesSays new fee structure to reduce...
Dollar nudges higher as investors eye Powell speech, yen on intervention watch
U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsLONDON, Oct 17...
