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US banks face $35 bln hit from ‘Basel Endgame’, says Oliver Wyman

US banks face $35 bln hit from ‘Basel Endgame’, says Oliver Wyman

American lenders could face a collective $35 billion blow as stricter capital requirements, dubbed the “Basel Endgame,” inch closer to…
Pernod Ricard’s shares rise despite sales forecast cut

Pernod Ricard’s shares rise despite sales forecast cut

Pernod Ricard, the drinks giant known for its bubbly champagnes and smooth cognacs, defied expectations on Thursday. Despite slashing its…
Shell may drop Norway offshore wind bid on business case concerns

Shell may drop Norway offshore wind bid on business case concerns

Energy giant Shell may be reconsidering its bid for Norway’s first commercial offshore wind farm, casting a shadow over its…
Renault shares rally as investors cheer dividend jump

Renault shares rally as investors cheer dividend jump

Renault, the French carmaker known for its iconic Twingo and stylish Mégane models, saw its shares surge on Thursday after…
US-China world equity share a yawning chasm

US-China world equity share a yawning chasm

The global stock market landscape presents a stark contrast: American equities are scaling new heights, fueled by tech giants and…
Stellantis operating profit down 10% in H2 due to N. America strikes

Stellantis operating profit down 10% in H2 due to N. America strikes

Stellantis, the automotive giant born from the merger of Fiat Chrysler and Peugeot Citroën, saw its operating profit plunge 10%…
Pernod Ricard vise un CA “globalement stable” pour son exercice 2023/24

Pernod Ricard vise un CA “globalement stable” pour son exercice 2023/24

Pernod Ricard, the French drinks behemoth known for its Martell cognac and Absolut vodka, has set a cautious target for…
Britain eyes phased approach in move to speed up share trading

Britain eyes phased approach in move to speed up share trading

Britain is revving up its engines to speed up share trading, aiming to catch up with Wall Street. However, unlike…
Woodside flags $1.2 bln charge against asset bought under BHP merger

Woodside flags $1.2 bln charge against asset bought under BHP merger

Australia’s energy giant Woodside Energy is reeling after flagging a hefty $1.2 billion non-cash impairment charge related to its Shenzi…
India’s Reliance in talks to buy Tata Play stake from Disney – Business Standard

India’s Reliance in talks to buy Tata Play stake from Disney – Business Standard

ndia’s telecom and retail giant Reliance Industries is reportedly eyeing a major expansion in the media landscape through a potential…
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