worldbusinessstar
EU watchdog tells banks to have a 10-year climate plan
Banks in the European Union must have a 10-year plan about their way of dealing with environmental, social and governance (ESG) risks to their...
GKN owner Melrose to return $1 BLN to shareholders after Nortek...
Britain’s Melrose Industries laid out plans to return about 730 million pounds in cash to its shareholders after the company sold its Nortek Air...
SoftBank shrinks robotics business, stops Pepper production
SoftBank Group Corp is slashing jobs at its global robotics business. It has stopped producing its Pepper robot, as the conglomerate downgrades its industry...
GFG Alliance says it can pay back creditors after major restructuring
The GFG Alliance owned by commodities tycoon Sanjeev Gupta said that it was progressing with a major restructuring, and that will allow it to...
Natwest sells Irish commercial lending business to AIB
Natwest Group had agreed to sell most of its Irish commercial lending business to regional peer Allied Irish Banks. This is as a part of...
Emergency ECB stimulus could end next March – Holzmann
The European Central Bank could end its emergency stimulus scheme. Austrian central bank chief Robert Holzmann said that the markets may be right in...
Irish Central Bank raises 2021 growth forecast to 8.3%
Ireland’s central bank raised its growth forecast for 2021 for the second time. This is as the progress of the COVID-19 vaccination campaign, improving...
World Bank says will boost Covid-19 vaccination funding to $20 BLN
The World Bank pledged to boost available funding for COVID-19 vaccine purchases and deployment to $20 billion, citing a sharp increase in overall financing demand...
Scandal-hit Credit Suisse considers creating single private bank
Credit Suisse Group AG is considering to centralize the management of its bankers to the world’s wealthy, reversing a regional structure put in place six...
Caixa bank to cut 6450 jobs in Spain’s biggest banking staff...
Caixabank with its union spokesperson announced that they have agreed with unions to lay off 6,452 employees. And this will be the biggest ever...
