GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →

Latest News

The latest articles and breaking news from Global Banking & Finance Review.

Latest articles

Image for Inflexion sells majority stake in Celnor to Goldman Sachs Alternatives
Finance

Inflexion sells majority stake in Celnor to Goldman Sachs Alternatives

Oct 23 (Reuters) - Private equity firm Inflexion said on Friday it would sell a majority stake in Br...

23rd October, 2026

Image for Explainer-How can EU limit impact of China Shock 2.0?
Finance

Explainer-How can EU limit impact of China Shock 2.0?

By Philip Blenkinsop BRUSSELS, Oct 23 (Reuters) - European Union ministers said on Friday the bloc s...

23rd October, 2026

Image for Exclusive-India's Scotch probe of Diageo, Pernod undermining India-UK pact benefits, trade group says
Finance

Exclusive-India's Scotch probe of Diageo, Pernod undermining India-UK pact benefits, trade group says

By Aditya Kalra NEW DELHI, Oct 24 (Reuters) - India's move to exclude bulk Scotch imports from a red...

23rd October, 2026

Image for Italy may hike tax on energy firms to fund budget, sources say
Finance

Italy may hike tax on energy firms to fund budget, sources say

By Giuseppe Fonte ROME, Oct 23 (Reuters) - Italy may increase taxation of energy companies to fund t...

23rd October, 2026

Image for Italy's Generali cuts around 800 jobs in Germany
Finance

Italy's Generali cuts around 800 jobs in Germany

MUNICH, Oct 23 (Reuters) - The German subsidiary of the Italian insurer Generali said on Friday it w...

23rd October, 2026

Image for Russia's Rosatom says it hopes Hungary decides to stick with it on nuclear plant project  
Finance

Russia's Rosatom says it hopes Hungary decides to stick with it on nuclear plant project  

MOSCOW, Oct 23 (Reuters) - Russia's state nuclear corporation Rosatom said on Friday that it hoped H...

23rd October, 2026

Image for Exclusive-France's urea supply from Algeria under threat as diplomatic tensions persist, sources say
Finance

Exclusive-France's urea supply from Algeria under threat as diplomatic tensions persist, sources say

By Gus Trompiz and John Irish PARIS, Oct 23 (Reuters) - Algeria has instructed urea producers to sto...

23rd October, 2026

Image for 'Truly something cool': Apple fans react as iPhone Duo hits stores
Finance

'Truly something cool': Apple fans react as iPhone Duo hits stores

Oct 23 (Reuters) - Apple's first folding iPhone, the iPhone Duo, went on sale in stores on Friday, w...

23rd October, 2026

Image for Soccer club Valencia says group backed by KKR founders buys 42% stake
Finance

Soccer club Valencia says group backed by KKR founders buys 42% stake

By Yantoultra Ngui HONG KONG, Oct 23 (Reuters) - Spanish soccer club Valencia CF said on Friday an i...

23rd October, 2026

Image for LVHM-owned watchmaker Zenith to cut jobs, shift upmarket, source says
Finance

LVHM-owned watchmaker Zenith to cut jobs, shift upmarket, source says

By Alessandro Parodi PARIS, Oct 23 (Reuters) - LVMH-owned Swiss watchmaker Zenith has launched a con...

23rd October, 2026

Image for China's Baidu tests robotaxi on London streets
Finance

China's Baidu tests robotaxi on London streets

By Marissa Davison LONDON, Oct 23 (Reuters) - US-based Lyft unit Freenow and Baidu's Apollo Go unvei...

23rd October, 2026

Image for BASF raises Evonik offer to €24 a share, sources say
Finance

BASF raises Evonik offer to €24 a share, sources say

MUNICH, Oct 23 (Reuters) - BASF has increased its takeover offer for German chemicals manufacturer E...

23rd October, 2026

Image for Bond dealers see small rise in UK debt issuance after budget, more in 2027: Reuters poll
Finance

Bond dealers see small rise in UK debt issuance after budget, more in 2027: Reuters poll

By David Milliken LONDON, Oct 23 (Reuters) - British government bond dealers expect only a small ris...

23rd October, 2026

Image for EU vows to fix 'China Shock 2.0' via talks with Beijing
Finance

EU vows to fix 'China Shock 2.0' via talks with Beijing

By Philip Blenkinsop and Padraic Halpin DUBLIN, Oct 23 (Reuters) - The European Union should focus o...

23rd October, 2026

Image for Global equity funds attract inflows for a fifth consecutive week
Finance

Global equity funds attract inflows for a fifth consecutive week

Oct 23 (Reuters) - Global equity funds attracted inflows for a fifth consecutive week in the week th...

23rd October, 2026

Image for Heidelberg Materials sees early signs of construction recovery, CEO says
Finance

Heidelberg Materials sees early signs of construction recovery, CEO says

By Christoph Steitz and Ilona Wissenbach FRANKFURT, Oct 23 (Reuters) - Building materials maker Heid...

23rd October, 2026

Image for Munich Re raises full-year profit guidance after stronger-than-expected quarter
Finance

Munich Re raises full-year profit guidance after stronger-than-expected quarter

FRANKFURT, Oct 23 (Reuters) - German reinsurer Munich Re on Friday posted better-than-expected net p...

23rd October, 2026

Image for London stocks mark weekly fall as oil hits five-month high ahead of budget
Finance

London stocks mark weekly fall as oil hits five-month high ahead of budget

Oct 23 (Reuters) - Britain's FTSE 100 snapped a two-week winning streak on Friday, as oil prices at...

23rd October, 2026

Image for France spared Moody's ratings downgrade as it struggles with unrest
Finance

France spared Moody's ratings downgrade as it struggles with unrest

By Leigh Thomas and Dhara Ranasinghe PARIS, Oct 23 (Reuters) - Moody's spared France a credit rating...

23rd October, 2026

Image for Bolt, Stellantis plan autonomous driving experiment in Greater Paris from 2028
Finance

Bolt, Stellantis plan autonomous driving experiment in Greater Paris from 2028

Oct 23 (Reuters) - Estonian ride-hailing firm Bolt and the Greater Paris region are planning to laun...

23rd October, 2026