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Bloomberg China will allow domestic banks to issue up to 50 billion yuan ($7.7 billion) …
Read More »China to allow banks to issue US$7.7bn of bad loan securitization
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Portuguese bank posts $1BN loss, making sale harder
LISBON A Portuguese bank salvaged from the collapse of a major lender has reported losses …
Read More »German economy ‘in good shape’: Bundesbank chief
Frankfurt The German economy is “in good shape overall,” the head of the country’s central …
Read More »Pressure on ECB mounts as Euro-area inflation revised lower
Bloomberg Euro-area consumer prices rose less than initially estimated in January, increasing the pressure on …
Read More »â€˜Investment bank bonus pool to be cut’
BLOOMBERG Barclays Plc cut the bonus pool for its investment bank by about 10 percent …
Read More »Air New Zealand first-half profit soars as expansion pays
Wellington / Bloomberg Air New Zealand more than doubled first-half profit and said it expects …
Read More »HNA, teachers’ consortium to lead London airport bid
London / Bloomberg China’s HNA Group and a consortium led by Ontario Teachers’ Pension Plan …
Read More »Airbus delivery goal shows ambitious indicators after Boeing target slashed
Bloomberg Airbus Group SE announced plans to lift output of the aging A330 jet and …
Read More »Target’s 4Q gains miss estimates on heavy discounting
Bloomberg Target’s heavy discounting during the crucial holiday season squeezed fourth-quarter profits. But its trendy …
Read More »China’s richest man eyeing France’s thriving retail space
Beijing / Bloomberg Chinese billionaire Wang Jianlin’s Dalian Wanda Group Co. is planning to invest …
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