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Bain Capital CLO tranche defaults in post-2008 first for EuropeA European collateralised loan obligation managed by Bain Capital has defaulted on its most junior tranche, marking the first such failure ...- Deezer launches free AI music detector for users of major streaming platformsDeezer has introduced a free online tool to identify AI-generated songs on streaming platforms. The music company is also sharing its AI de...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
- India, EU pitch for joint initiative to strengthen EV battery recyclingIndia and the European Union have launched a new initiative to recycle electric vehicle batteries. This joint effort aims to secure raw mat...
- Charting the global economy: War fuels inflation, saps sentimentSurging fuel costs from the Iran war are driving a rapid increase in global inflation and a significant drop in consumer confidence.
- Global Markets | Greek stocks set for MSCI developed market return by 2027, marking post-crisis milestoneGreece is set to rejoin developed market benchmarks in May 2027, a significant step after its 2009 debt crisis. This reclassification by MS...
- Goldman Sachs to lead €2.5 billion financing for Prada-Versace deal: ReportGoldman Sachs, leading a consortium of banks, is set to provide a 2.5-billion-euro financing line to Prada for its acquisition of Capri Hol...
- EU Commission proposes 800-billion-euro defence planThe European Commission has proposed a new joint EU borrowing of 150 billion euros to enhance defence capabilities, within an overall 800 b...
- Automakers to pool CO2 emissions with Tesla, Polestar to meet EU 2025 rulesCompanies with lower EV sales can "pool" their emissions with sector leaders, purchasing emissions credits from other manufacturers to lowe...
- Quick guide to Euro 2024 round of 16Exciting Round of 16 matches unfold as top teams battle for victory. The European Championship intensifies with thrilling matchups captivat...
- ECB to tackle excess liquidity in next stage of inflation fight -sourcesThe central bank for the 20 countries that use the euro has already raised interest rates 10 times to record levels but inflation remains w...
- ECB taps Amazon, four others to pitch digital euro prototypeSpain's CaixaBank, France's Worldline SA, Italy's Nexi SpA and EPI, a consortium of banks and third-party acquirers, join Amazon in winning...
- Alstom to expand its talent pool in India by 15% in 2022With a strong order backlog of close to four billion euros from its operations and the optimism for the Indian market, Alstom is looking to...
- Deutsche Bank CEO Christian Sewing's 2020 pay up 46% as bank turns profitLast year marked an important milestone for Sewing, who took up his post in 2018 to turn Deutsche around after embarrassing and costly regu...
- Manchester City named Champions League's biggest earnersSOCCER-UEFA-REVENUE:Manchester City named Champions League's biggest earners
- Euro ministers ready for new proposal to bailout CyprusThe new plan is an alternative to the bank levy proposed initially to raise up to $7.9 bn, a main condition to receive the bailout, which w...
- The Euro has done wellOn Jan 1, Euro turned 10, with no of countries adopting it went 16 from 11.
- Austria approves $134 bn bank bailout schemeVienna will guarantee up to 75 billion euros in loans and set aside 15 billion euros for injecting money into troubled banks.
- Asian nations pool US$80 billion to address short-term liquidity problemsA group of Asian nations agreed Sunday to create a pool of at least US$80 billion (worth about euro52 billion) for addressing short-term li...
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