equity
BusinessPrada CEO Says No Decision yet on Dual Listing in Milan -Report
BusinessKuehne Raises Lufthansa Stake to 17.5% as Germany Sells Remaining Shares
InvestingUK Stocks Close Lower, Hit by Wall St Selloff on Inflation Data
Top StoriesMost Twitter Shareholders Vote in Favor of Sale to Musk-Sources
How Investing in Diversity and Inclusion Pays Off
Date: September 12, 2022
By Rachael Kinsella, Editor, Writer, Strategic Communications Professional at iResearch Services Investing in diversity and inclusion (DEI) is not only the right thing to do – it is paying off for banking and finance companies in 2022 as well as bringing major business benefits. Rachael Kinsella, Editor in Chief of leading thought leadership specialist, iResearch...
Rate Rise Fears Prompt Third Week of Global Equity Funds Outflows
Date: September 9, 2022
(Reuters) – Global equity funds remained out of favour in the seven days to Sept. 7 as a strong U.S. services industry report fuelled concerns that the Federal Reserve would keep hiking interest rates to tame inflation. Some investors had expected that the Fed might temper its rate hikes to avert a slowdown in the...
Greece Considers Listing 30% Stake in Athens Airport
Date: September 8, 2022
ATHENS (Reuters) -Greece is considering listing a 30% stake in Athens International Airport, a government official said on Wednesday, after a review of the ownership of the country’s biggest airport. Greece owns 55% of the airport and the country’s privatisation agency (HRADF) had shortlisted nine investors as part of a tender for the sale of...
Siemens Energy to Rejoin Germany’s Blue-Chip Dax, HelloFresh to Exit
Date: September 6, 2022
FRANKFURT (Reuters) – Germany’s Siemens Energy will rejoin the nation’s premier DAX stock index, while the meal-kit delivery service HelloFresh will get the boot. The German stock exchange operator Deutsche Boerse, which compiles the index, made the announcement late on Monday. The change takes affect on Sept. 19. Deutsche Boerse periodically reassesses the composition of...
Barclays Announces Sale of Remaining Shares in South Africa’s Absa
Date: September 1, 2022
LONDON (Reuters) – Barclays will sell its remaining 7.4% stake in South African bank Absa, it said on Wednesday, completing its exit from a more than 90-year presence on the continent. The British lender said it will sell the 63 million Absa shares to institutional investors in a process known as an accelerated bookbuilding, with...
UniCredit Gets ECB’s Green Light for Second 1 Billion Euro Share Buyback
Date: August 31, 2022
By Valentina Za MILAN (Reuters) – UniCredit on Wednesday said it had gained supervisory approval for a new share buyback of up to 1 billion euros ($1 billion), putting it on track to hit its capital distribution goals despite economic recession risks. Analysts welcomed the European Central Bank’s green light for the second tranche of...