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Stocks rebound but head for worst January since 2016

Stocks staged a modest rebound on Monday as traders put aside concerns about inflation and the crisis in Ukraine to dip back in, but global equities are still headed for their worst January since 2016 after a bruising month for riskier assets.

Caixabank Q4 profit hit by lending income slide

Lower lending income contributed to a 52% drop in net recurring profit at Spain’s Caixabank (CABK.MC) in the fourth quarter, along with the impact of lower one-off gains.

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.

Stocks rebound but head for worst January since 2016

Stocks staged a modest rebound on Monday as traders put aside concerns about inflation and the crisis in Ukraine to dip back in, but global equities are still headed for their worst January since 2016 after a bruising month for riskier assets.

Caixabank Q4 profit hit by lending income slide

Lower lending income contributed to a 52% drop in net recurring profit at Spain’s Caixabank (CABK.MC) in the fourth quarter, along with the impact of lower one-off gains.

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.

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