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Image for UniCredit prices loans using significant risk transfer capital relief, Bloomberg News reports
Finance

UniCredit prices loans using significant risk transfer capital relief, Bloomberg News reports

May 28 (Reuters) - UniCredit is including the capital benefit from significant risk transfer (SRT) i...

28th May, 2026

Image for Michelin weighs voluntary French workforce reduction of up to 1,500 jobs
Finance

Michelin weighs voluntary French workforce reduction of up to 1,500 jobs

May 28 (Reuters) - French tyre maker Michelin is considering a plan to reduce its workforce in Franc...

28th May, 2026

Image for China is negotiating with EU over its steel trade measures, Chinese commerce ministry says
Finance

China is negotiating with EU over its steel trade measures, Chinese commerce ministry says

BEIJING, May 28 (Reuters) - China is negotiating with the European Union within the framework of the...

28th May, 2026

Image for Wealthy families cut dollar exposure, survey finds
Finance

Wealthy families cut dollar exposure, survey finds

ZURICH, May 28 (Reuters) - The world's richest families are trimming exposure to the U.S. dollar as...

28th May, 2026

Image for China says EU 'cherry picking' to justify trade curbs, warns of response
Finance

China says EU 'cherry picking' to justify trade curbs, warns of response

BEIJING, May 28 (Reuters) - China's foreign ministry on Thursday accused the European Union of "cher...

28th May, 2026

Image for Russia’s VTB posts 1.8% y/y net profit drop in Jan–April
Finance

Russia’s VTB posts 1.8% y/y net profit drop in Jan–April

MOSCOW, May 28 (Reuters) - Russia's second-largest lender VTB on Thursday reported an 1.8% year-on-y...

28th May, 2026

Image for KKR to open Milan office as U.S. private equity giant deepens Italy push
Finance

KKR to open Milan office as U.S. private equity giant deepens Italy push

ROME, May 28 (Reuters) - KKR & Co said on Thursday it would open an office in Milan as the U.S. priv...

28th May, 2026

Image for Ousted BP chair Manifold says not everyone shared his cost cutting, portfolio priorities
Finance

Ousted BP chair Manifold says not everyone shared his cost cutting, portfolio priorities

LONDON, May 28 (Reuters) - Ousted BP chair Albert Manifold said on Thursday that he felt not everyon...

28th May, 2026

Image for UK's Johnson Matthey bets on US power demand with $360 million Cormetech buy
Finance

UK's Johnson Matthey bets on US power demand with $360 million Cormetech buy

May 28 (Reuters) - British chemicals company Johnson Matthey said on Thursday it would buy Cormetech...

28th May, 2026

Image for UK's IQE sees higher annual profit on strong chip and defence demand
Finance

UK's IQE sees higher annual profit on strong chip and defence demand

May 28 (Reuters) - Britain's IQE forecast high-single digit to low double-digit 2026 adjusted core p...

28th May, 2026

Image for UK watchdog clears Suzano, Kimberly-Clark $3.4 billion joint venture
Finance

UK watchdog clears Suzano, Kimberly-Clark $3.4 billion joint venture

May 28 (Reuters) - Britain's competition watchdog said on Thursday it would not refer the proposed $...

28th May, 2026

Image for TotalEnergies files for authorisation of €4.5 billion offshore wind project in Normandy
Finance

TotalEnergies files for authorisation of €4.5 billion offshore wind project in Normandy

May 28 (Reuters) - French oil major TotalEnergies said on Thursday it had filed for an authorisation...

28th May, 2026