Finance

Italy’s UniCredit beats profit forecasts and drops Russian deal

Italian bank UniCredit (CRDI.MI) posted better than expected 2021 results on Friday as the push by new Chief Executive Andrea Orcel to lift revenue began to bear fruit while costs remained in check despite rising pay and one-off charges.

Shell’s renewables boss steps down after less than two years

Shell’s (RDSa.L) head of renewable energies Elisabeth Brinton has stepped down less than two years after taking the reins of the business which the company seeks to rapidly grow as part of its strategy to reduce greenhouse gas emissions.

Europe falls again after brutal week for stock markets

Europe’s main bourses fell again on Friday as worries about a sudden stop to central bank stimulus and rising tensions between Western powers and Moscow continued to drive world stocks to one of their worst ever starts to a year.

Singapore hosts third SPAC listing; Novo Tellus-backed firm makes debut

Southeast Asian industrial technology buyout fund Novo Tellus Capital Partners listed its special purpose acquisition company (SPAC) in Singapore on Thursday, marking the third such IPO this month as the city-state seeks to become a hub for SPAC listings.

Dealmaking helps Deutsche Bank deliver biggest profit in a decade

Deutsche Bank (DBKGn.DE) delivered its most profitable year in a decade on the back of a dealmaking bonanza, strengthening Chief Executive Christian Sewing’s hand as he fine tunes a new strategy and targets for the years ahead in March.

Italy’s UniCredit beats profit forecasts and drops Russian deal

Italian bank UniCredit (CRDI.MI) posted better than expected 2021 results on Friday as the push by new Chief Executive Andrea Orcel to lift revenue began to bear fruit while costs remained in check despite rising pay and one-off charges.

Shell’s renewables boss steps down after less than two years

Shell’s (RDSa.L) head of renewable energies Elisabeth Brinton has stepped down less than two years after taking the reins of the business which the company seeks to rapidly grow as part of its strategy to reduce greenhouse gas emissions.

Europe falls again after brutal week for stock markets

Europe’s main bourses fell again on Friday as worries about a sudden stop to central bank stimulus and rising tensions between Western powers and Moscow continued to drive world stocks to one of their worst ever starts to a year.

Singapore hosts third SPAC listing; Novo Tellus-backed firm makes debut

Southeast Asian industrial technology buyout fund Novo Tellus Capital Partners listed its special purpose acquisition company (SPAC) in Singapore on Thursday, marking the third such IPO this month as the city-state seeks to become a hub for SPAC listings.

Dealmaking helps Deutsche Bank deliver biggest profit in a decade

Deutsche Bank (DBKGn.DE) delivered its most profitable year in a decade on the back of a dealmaking bonanza, strengthening Chief Executive Christian Sewing’s hand as he fine tunes a new strategy and targets for the years ahead in March.

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