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Virgin Money UK picks insider Gergely Zaborszky as next CFO

Virgin Money UK picks insider Gergely Zaborszky as next CFO

(Reuters) – British lender Virgin Money UK said on Wednesday that insider Gergely Zaborszky would take on the role of its CFO, a..

Amundi’s Q3 net inflows profit from ETF demand, Asian operations

Amundi’s Q3 net inflows profit from ETF demand, Asian operations

By Mathieu Rosemain PARIS (Reuters) – Amundi, Europe’s biggest fund manager, posted in-line quarterly inflows on Wednesday..

French economy expanded 0.4% in Q3, INSEE says

French economy expanded 0.4% in Q3, INSEE says

  PARIS (Reuters) -French economic growth beat estimates by accelerating by 0.4% in the third quarter 2024 from 0.2% in the secon..

Durham University and AlBaraka Forum champion the growth of Islamic Finance in the UK

Durham University and AlBaraka Forum champion the growth of Islamic Finance in the UK

– Durham Centre for Islamic Economics and Finance and AlBaraka Forum sign historic memorandum of understanding to further the de..

Ericsson signs 5G ORAN deal with Spain’s MasOrange

Ericsson signs 5G ORAN deal with Spain’s MasOrange

  By Supantha Mukherjee STOCKHOLM (Reuters) – Ericsson has signed a 5G deal with Spain’s largest telecoms operator, M..

More companies planning price hikes in Germany, survey finds

More companies planning price hikes in Germany, survey finds

  BERLIN (Reuters) – Companies in Germany’s industrial, retail and corporate services sectors are planning more price..

Covestro trims 2024 profit target again in a tough economy

Covestro trims 2024 profit target again in a tough economy

(Reuters) -German chemicals maker Covestro lowered the upper end of its full-year core profit forecast range on Tuesday for the second..

Volkswagen’s Traton reports higher sales in weak truck market

Volkswagen’s Traton reports higher sales in weak truck market

  (Reuters) -Volkswagen’s truck unit Traton on Monday reported a 3% rise in nine-month revenue amid subdued demand for comm..

Novartis to pay Monte Rosa $150 million upfront to develop a new class of drugs

Novartis to pay Monte Rosa $150 million upfront to develop a new class of drugs

  (Reuters) – Swiss pharmaceutical giant Novartis will pay Monte Rosa Therapeutics $150 million upfront payment for a globa..

Analysis-Musk’s bold 2025 prediction on Tesla sales faces skepticism, scrutiny

Analysis-Musk’s bold 2025 prediction on Tesla sales faces skepticism, scrutiny

By Abhirup Roy Tesla CEO Elon Musk stunned investors and analysts with plans to grow vehicle sales by 30% next year, buoyed by a new, ..