Banking

Austria’s S Immo says rival Immofinanz’s 1.1 bln euro bid is too low

Vienna-based real estate group S Immo (SIAG.VI) said on Wednesday that rival Immofinanz's 1.14 billion euro ($1.39 billion) offer to…

5 years ago

Nomura, UBS, UniCredit fined 371 mln euros over bonds trading cartel

Italy's UniCredit (CRDI.MI) said it would appeal to the European Courts and UBS (UBSG.S) said it was considering doing so…

5 years ago

Tesla’s bitcoin value dives; Musk signals hold with ‘diamond hands’ tweet

The market value of Tesla Inc's (TSLA.O)bitcoin holdings have fallen by half to $1.26 billion, close to the electric car…

5 years ago

Wall Street closes lower after Fed minutes, crypto fall

Wall Street’s main indexes closed lower on Wednesday after minutes from an April Federal Reserve meeting showed participants agreed the…

5 years ago

Ahead of jobs miss, some Fed officials edged towards ‘taper’ debate

A "number" of Fed officials appeared ready to consider changes to monetary policy based on a continued strong economic recovery,…

5 years ago

New global carbon exchange to launch in Singapore by year-end

Singapore bank DBS (DBSM.SI), Standard Chartered (STAN.L), Singapore Exchange (SGXL.SI), and state investor Temasek Holdings said on Thursday they are…

5 years ago

Private equity’s falling out of love with plastic packaging

A decade ago, private equity couldn't get enough of plastic packaging. They snapped up companies making bags, films and trays…

5 years ago

Bitcoin’s star backers, dip buyers help cryptos recover

Bitcoin regained some lost ground to trade near $40,000 on Thursday, a day aftera brutal selloff on concerns over tighter…

5 years ago

Stocks struggle as taper talk, crypto crash put markets on edge

Stock markets struggled for traction on Thursday after a jittery session on Wall Street where cryptocurrencies crashed and a hint…

5 years ago

Slide in cryptocurrencies, other high-fliers, comes amid looming U.S. inflation worries

A selloff in cryptocurrencies, high-growth stocks and other high-flying assets may be signalling a more cautious outlook among market participants…

5 years ago