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Global Market: European shares waver as earnings, rising oil weigh on sentimentEuropean shares edged lower as investors assessed mixed bank earnings and rising oil prices ahead of the European Central Bank’s policy dec...
BNP Paribas Q3 profit rises 14% to beat estimates; announces €1.3 billion buybackBNP Paribas reported a 14% year-on-year rise in third-quarter net income to €3.46 billion, beating analyst estimates as record equity tradi...
Ahead of Market: 10 things that will decide stock market action on FridayIndian markets plunged on Thursday as RBI policy tightening, persistent FII selling, rising bond yields and rupee weakness battered sentime...
OFSS shares tumble 5% after Oracle sends 'force majeure' notice for data centre project. Are AI worries coming true?Oracle Financial Services Software (OFSS) shares tumbled over 5% after parent company Oracle issued a force majeure notice regarding a mass...
Global Market: European shares slip as tech stocks decline ahead of Alphabet, Tesla earningsEuropean stocks edged lower on Wednesday as technology shares declined ahead of earnings from Alphabet and Tesla, while investors monitored...
Global Market: European lenders brace for solid Q2 results despite geopolitical uncertaintyEuropean banks are set to report another quarter of resilient earnings, supported by steady loan growth, higher interest rates, strong trad...
European shares edge lower as investors await tariff updatesIn a TV interview aired on Sunday, Trump said he would not attempt to remove Fed Chair Jerome Powell but repeated calls for lower interest ...
European banks flag bad loan risks as global economy faltersThe latest flurry of bank earnings in Europe highlighted broader trends in global banking, where investment banks are under pressure due to...
European shares fall ahead of busy earnings weekInvestors will closely monitor results from some of the highest-valued U.S. companies including Microsoft Corp, Google parent Alphabet Inc ...
Upbeat earnings, Fed comments lift European shares to 7-week highThe Fed hiked the main interest rate by 75 basis points as expected, and reiterated inflation control as priority, but dropped guidance on ...
European stocks bounce back on earnings supportThe continent-wide STOXX 600 rose 0.6% after plunging nearly 2% on Monday on worries of an economic slowdown in China and rapid U.S. intere...
European shares fall as growth worries linger; AMS risesNordea Bank and BBVA also reported lower profits and fell more than 2 percent each.
European shares edge lower as global growth pain lingersConcern about sluggish global growth were reinforced this week by central banks in the euro zone and United States.
- Goldman bullish on banks, bond buyers sceptical
Analysts say investors risk ignoring a jump in funding costs that will erode profit.
- State-rescued Royal Bank of Scotland returns to profit
RBS said it made a net profit of 9 million pounds in the six months to the end of June.
- Banco Santander to raise 7.19 bn euro through rights issue
Spain's banking major Banco Santander SA on Monday said it will raise 7.19 billion euro through issue of shares on rights basis.
- European banks may need $141 billion capital infusion
European banks may need to raise as much as e90 billion to restore their capital after the US subprime mortgage collapse caused credit mark...
- Fortis takes $ 2.3 billion subprime hit
Dutch-Belgian financial group Fortis said on Friday 2007 net profit fell 8.2 per cent after it took a 1.5 billion euros (2.3 billion dollar...
- Fortis plans 13.4 bn euro rights issue to fund ABN buy
Fortis to sell e13.4 billion ($18.8 billion) of stock to existing shareholders to fund the ABN Amro acquisition.
- Joint offer values ABN Amro at about 15.3 times 2006 earnings
Royal Bank of Scotland Group, Santander Central Hispano and Fortis have thrown their hats in the ring to buy ABN Amro.