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10 Feb

Explainer-How a German 'climate' fund set out to help Russia dodge U.S. sanctions

A German politician set up a state-backed foundation with Russian energy company Gazprom last year to help Moscow avoid U.S. sanctions on a pipeline due to carry Russian gas to Europe.

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10 Feb

Manulife says higher premiums can offset expected inflation jump

Manulife Financial Corp sees the higher inflation and interest rates expected this year as generally positive, and can at least partly offset the former through increased premiums, executives told a post-earnings analyst call on Thursday.

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10 Feb

Thyssenkrupp's automotive business has passed trough - CFO

Thyssenkrupp's automotive division, which supplies various components to the car sector, reached the trough in its fiscal first quarter that ended in December, Chief Financial Officer Klaus Keysberg said on Thursday.

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10 Feb

Vodafone rejects Iliad, Apax approach for Italian business

LONDON (Reuters) -Britain's Vodafone on Thursday rejected a preliminary approach for its Italian business from France's Iliad and Apax Partners, the first public skirmish in what could be a new wave of European telecoms deal making.

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10 Feb

Credit Suisse sweetens deal for senior bankers with 800 million Sfr in upfront cash

Credit Suisse's bonus pool fell 32% in 2021, the bank said on Thursday, as the bank slashed regular deferred awards following a string of scandals, but senior bankers' pay was sweetened by a surge in upfront cash and a one-off bonus.

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10 Feb

Pandemic-era darling Delivery Hero's shares punished as earnings disappoint

(Reuters) -Delivery Hero saw almost a third of its market value wiped out on Thursday after 2022 earnings guidance fell short of market expectations and investors stampeded out of another stock previously considered a pandemic-era darling.

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10 Feb

India's ShareChat buys rival MX's short-video app in $700 million deal, sources say

NEW DELHI (Reuters) -The parent company of India's ShareChat has acquired local rival MX's short-video platform in a roughly $700 million deal, two sources told Reuters, as competition heats up in the sector where foreign investors have placed major bets.

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