getalbum

Delivering the Best News to you!

Volkswagen brands gear up for listings as Porsche SE begins share acquisition

Volkswagen (VOWG_p.DE) brands are preparing for stock market listings as a training exercise, CEO Oliver Blume told the Handelsblatt newspaper on Tuesday, as its largest shareholder began its acquisition of

Read More

Spain to assess extending bank, energy windfall taxes beyond 2 years

The Spanish government will assess whether to extend a windfall tax on Spanish banks and large energy firms beyond the currently proposed two years, Budget Minister Maria Jesus Montero said

Read More

Nestle pledges $1 billion to coffee sustainability plan

Nestle (NESN.S) will spend more than 1 billion Swiss francs ($1 billion) by 2030 on efforts to source coffee sustainably, the food company said on Tuesday, more than double its

Read More

Chemical maker Sika sets higher sales goal for 2023, hikes 2022 outlook

Sika (SIKA.S) expects to increase its sales between 15% and 18% next year, the Swiss company said on Tuesday, after raising its 2022 outlook and putting a chunk of the

Read More

Bank of America to invest $100 mln in deposits to minority-owned banks

Bank of America Corp plans to deposit an additional $100 million into banks that focus on minority communities, the company said on Tuesday. The program doubles Bank of America’s earlier

Read More

Colombia’s central bank could raise benchmark interest rate further

Further increases to Colombia’s benchmark interest rate may be necessary in the coming months as the central bank tries to bring inflation in line with its 3% target, according to

Read More

Monte dei Paschi unions say 4,125 staff ready to exit

Unions at Monte dei Paschi di Siena (BMPS.MI) on Tuesday said 4,125 employees of the state-owned bank had come forward to take up an early exit scheme. Monte dei Paschi

Read More