Germany's Allianz SE has agreed to pay about $6 billion and a U.S. asset management unit will plead guilty to fraud after a group of multibillion investment funds collapsed amid market turmoil triggered by the coronavirus pandemic in 2020.
Three board members of Russia's Sberbank have left their posts, the bank said on Tuesday, the latest in a flurry of senior departures from the state-owned lender since Moscow sent tens of thousands of troops into Ukraine on Feb. 24.
Czech carmaker Skoda, owned by Germany's Volkswagen, is confident that its parent will take a decision on its fourth large battery factory in Europe by 2023 at the latest, a management board member said.
Imperial Brands said on Tuesday it was starting to see some recovery of sales of cigarettes in duty-free shops at airports and in popular European holiday destinations as COVID-19 restrictions ease and people begin to travel more.
Environmental activists briefly disrupted BNP Paribas' annual shareholder meeting in Paris on Tuesday, accusing France's largest listed bank of being Europe's main financing partner for the fossil energies sector.
LONDON (Reuters) -British International Investment (BII) and U.S. bank Citigroup Inc have signed a $100 million risk-sharing facility aimed at boosting lending to small businesses across Africa by up to four times that amount, BII said in a statement.
(Reuters) -AerCap Holdings NV said on Tuesday it booked a pretax charge of $2.7 billion in the first quarter as more than 100 jets of the world's top aircraft lessor remain stranded in Russia.
China receives US equipment to make advanced chips despite new rules - report
China receives US equipment to make advanced chips despite new rules-report
U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
Google's expert in US antitrust trial defends billions paid to device makers
Post-strike Hollywood rushes to get film, TV sets humming
