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17 May

Exclusive-ECB's Lagarde gives national central bank chiefs louder voice on policy

European Central Bank President Christine Lagarde has given national central bank chiefs a bigger say in policy meetings, asking her own board to speak less and set aside more time for debate, sources familiar with the process said.

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17 May

Oil jumps to 7-wk high, then dips on hopes for Venezuela supply

NEW YORK (Reuters) -Oil prices jumped over $115 a barrel on Tuesday, their highest in about seven weeks, as the European Union kept pushing for a ban on Russian oil imports that would tighten supply.

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17 May

Euronext posts record revenue, improves cost guidance

(Reuters) -Euronext reported on Tuesday record quarterly revenue as the pan-European stock exchange profited from high market volatility during a time of international crises, and improved cost control.

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17 May

Allianz to pay $6 billion in U.S. fraud case, fund managers charged

NEW YORK/MUNICH (Reuters) -Germany's Allianz SE agreed to pay more than $6 billion and its U.S. asset management unit will plead guilty to criminal securities fraud over the collapse of its Structured Alpha funds early in the COVID-19 pandemic.

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17 May

Italian authorities take charge of Deutsche Bahn unit

An Italian court will appoint a special administrator to take charge of transport group Schenker Italiana SpA after the Deutsche Bahn unit became caught up in an anti-Mafia investigation into one of its subcontractors, sources said on Tuesday.

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17 May

China Southern says delivery timetable for Boeing 737 MAX jets not confirmed

BEIJING (Reuters) -A China Southern Airlines spokesperson said on Tuesday the delivery timetable for Boeing Co 737 MAX jets was not confirmed, after the company's chairman last week gave investors fleet plans through 2024 that did not include the MAX.

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17 May

Euronext hikes costs guidance as trading profits soar

Euronext on Tuesday reported record quarterly revenues as the pan-European stock exchange profited from high market volatility during times of international crises and improved cost control.

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