News Blog

Money transfer group Zepz is laying off 420 employees, the company told CNBC exclusively, as the fintech sector grapples with a tough macroeconomic environment.

Intesa Sanpaolo (ISP.MI) has introduced an artificial intelligence tool it has designed to wade through thousands of publications on banking supervision, Italy’s biggest bank said on Tuesday.

Sweden’s Essity has kicked off the sale process for its 52% stake in Hong Kong-based Vinda International.

Consumer tech giant Samsung is looking into launching a central bank digital currency in a collaboration with the Bank of Korea.

Shares of Capital One Financial Corp (COF.N) rose in premarket trading on Tuesday after billionaire investor Warren Buffett’s holding company disclosed it had taken a stake in the credit cards-focused bank.

Berkshire Hathaway eliminated its equity investments in Bank of New York Mellon, U.S. Bancorp, Taiwan Semiconductor, and RH during the first quarter, according to a filing late Monday.

Vodafone shares fell more than 7% on Tuesday, after the British telecommunications firm announced plans to slash a record number of jobs and forecast a drop in free cash flow.

Wells Fargo & Co has agreed to pay $1 billion to settle a lawsuit accusing it of defrauding shareholders about its progress in recovering from a series of scandals over its treatment of customers.

Home Depot on Tuesday reported its biggest revenue miss in more than 20 years and lowered its forecast for this year.

Spending at US retailers rose in April following two months of declines, showing the US consumer is still fueling the economy.

European Union regulators on Monday approved Microsoft’s proposed $69 billion acquisition of gaming firm Activision Blizzard.

European Union states gave the final nod to the world’s first comprehensive set of rules to regulate crypto assets on Tuesday.

Britain’s unemployment rate unexpectedly rose to 3.9% in the three months to March.

The eurozone economy grew marginally in the first quarter, matching preliminary estimates, shrugging off earlier concerns of a recession as it dodged a crippling energy crisis.

China’s April industrial output and retail sales growth undershot forecasts, suggesting the economy lost momentum.

US bills that mature in early June are showing ongoing signs of concern about the risk of a government default after Treasury Secretary Janet Yellen reiterated to lawmakers that her department’s ability to avoid breaching the statutory debt ceiling via special accounting maneuvers could be exhausted around then.

European markets were slightly lower Tuesday as traders reacted to fresh data, corporate news and followed the U.S. debt ceiling negotiations.

US stock futures edged down ahead of the market open on Tuesday as investors focused on negotiations over the debt-ceiling stalemate, with talks set to resume later in the day.

Ο κ. Μυτιληναίoς στάθηκε ιδιαίτερα στα κίνητρα που δίνονται στις «πράσινες» επενδύσεις στη Βόρεια Αμερική και προανήγγειλε μια μεγάλη συμφωνία για την παραγωγή ανανεώσιμης ενέργειας.

H διαδικασία της Αρχικής Δημόσιας Προσφοράς για την εισαγωγή της εταιρείας διαχείρισης του Διεθνούς Αερολιμένα Αθηνών, Ελευθέριος Βενιζέλος στο Χρηματιστήριο Αθηνών, σύμφωνα με πηγές της αγοράς πρόκειται να υλοποιηθεί εντός του τρίτου τριμήνου του 2023.