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Munich Re forecasts 2022 profit lift after pandemic rebound

German reinsurance group Munich Re on Wednesday forecast a 14% jump in profit this year as it reported a bounceback…

4 years ago

NatWest earnings soar but rising prices bite

British bank NatWest (NWG.L) swung to a hefty profit on the back of the country's economic recovery but said rising prices will…

4 years ago

StanChart bets on rate hikes to hit lofty goals as profit disappoints

Standard Chartered (STAN.L) has raised its core profitability goals and promised shareholders extra payouts, despite full year profit undershooting expectations, as it…

4 years ago

Air France-KLM to seek up to 4 bln euros to repay state aid, shares sink

Air France-KLM (AIRF.PA) plans to raise up to 4 billion euros ($4.6 billion) as it seeks to repay state pandemic handouts, the…

4 years ago

LIC’s looming IPO weighs on India insurer shares, investors say

Next month's mammoth stock market debut for India's Life Insurance Corporation (LIC) has battered shares in other insurers as investors…

4 years ago

Stocks rally, seizing on Ukraine de-escalation signs

World stocks crept higher on Wednesday for the second day in a row, while safe-haven assets such as government bonds…

4 years ago

EXCLUSIVE EU, Gates Foundation to support African medicines agency -source

BRUSSELS, Feb 11 (Reuters) - The European Union and the Gates Foundation are set to announce a package of financial…

4 years ago

MetLife explores sale of variable annuity business – sources

MetLife Inc (MET.N) is exploring the divestment of its U.S. variable annuity book as it seeks to free up resources to invest…

4 years ago

Telecom Italia board to discuss network spinoff in slow-burn KKR drama

The board of Telecom Italia (TIM) (TLIT.MI) will discuss the group's overhaul on Monday as newly appointed chief executive Pietro Labriola strives…

4 years ago

Analysis: World’s damaged supply chains brace for painful recovery

Signs are growing that a global supply chain crisis which has confounded central bank inflation forecasts, stunted economic recoveries and…

4 years ago
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