Wednesday , 31 December 2025

Recent Posts

Swiss private banks urged to partner in a ‘complex’ world

Bloomberg Switzerland’s diminishing band of mid-sized private banks should consider teaming up with other firms to expand in Asia and tap into the business of managing the wealth of the region’s millionaires, according to the chairman of the Swiss banking association. Since the global financial crisis and the end of banking secrecy, smaller Swiss wealth managers have faced heightened competition …

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Ryanair lowers profit outlook on labour strife, high fuel cost

Bloomberg Ryanair Holdings Plc caught investors off guard by saying labour strife and higher fuel prices are taking a heavier toll on earnings, sending the stock down the most since 2016. The shares plunged on Monday after Europe’s biggest discount carrier said profit for the year through next March will be about 12 percent lower than it had forecast less …

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French retailer to sell Monoprix’s real estate for $655mn

Bloomberg Casino Guichard-Perrachon SA agreed to sell the real estate underlying 55 of its Monoprix stores for $655 million, giving the French retailer a much-needed infusion of cash as short sellers circle the company and its main shareholder. The agreement, along with another transaction announced in July, gets Casino halfway to its goal of selling 1.5 billion euros of assets …

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