worldbusinessstar
Euro zone inflation hits 5%
Euro zone inflation rose unexpectedly, likely making for more uncomfortable reading at the European Central Bank. This has consistently underestimated price pressures and come...
FTSE 100 hits fresh 1-1/2 year high
Britain’s FTSE 100 rose in the first trading session of 2022. This is after its best annual gain in five years. That too after...
Credit Agricole seen vying with BPER
The owner of Carige said that it could decide which bid for the ailing Italian lender to pursue, following reports of an offer by...
Hawkish fed triggers global sell-off, UK stocks fall
UK shares dropped, tracking a fall in global equity markets after minutes of the U.S. Federal Reserve’s meeting showed the central bank‘s hawkish stance toward...
Euro zone business lending picked up
Lending to euro zone companies accelerated for the third straight month. European Central Bank data showed that reversing in part a steady decline in the early...
Uniper secures $11 BLN credit lines
German utility Uniper said that it has secured credit facilities worth up to 10 billion euros ($11.3 billion) from parent Fortum and state bank...
Bankia insurance business taken over by Caixa Bank from Mapfre
Spanish insurer Mapfre said that it had sold its stake in Bankia’s insurance business to Caixabank in a 571 million-euro ($645.12 million) deal. This is although...
$61.5 MLN fined by StanChart for misreporting liquidity position
The Bank of England said that it was fining Standard Chartered 46.55 million pounds ($61.51 million). This is for misreporting its liquidity position to the regulator...
Renault’s China JV with brilliance
Renault confirmed a report that its joint venture with Chinese carmaker Brilliance Auto Group had run out of cash. Hence, they are heading for...
New solutions are needed for new threats
Threat-actors are constantly developing new threats. Also, there are more creative ways to breach an organisation’s network. In the past two years an onslaught...
