Shares
UBS returns to profit for the first time since Credit Suisse takeover
Business
07.05.2024
UBS returns to profit for the first time since Credit Suisse takeover
The shares of UBS were sent through the roof after the Swiss bank reported that it returned to profitability in the…
Flutter takes a punt with move from London to New York listing
Business
02.05.2024
Flutter takes a punt with move from London to New York listing
The London Stock Exchange (LSE) is facing another blow with gambling giant Flutter Entertainment’s shareholders voting for the company to…
Record year for French firms signing up to share buyback scheme. Why was that?
Business
29.04.2024
Record year for French firms signing up to share buyback scheme. Why was that?
Heavy-weight French companies with very large profits spent a record €33 billion last year buying back their shares from shareholders. …
Lavazza coffee maker looks to take a bigger gulp of IVS vending machine business
Business
23.04.2024
Lavazza coffee maker looks to take a bigger gulp of IVS vending machine business
Lavazza, which already owns some 20% of IVS shares, has offered to buy the rest from other investors at €7.15…
Private equity giant CVC set to launch €1.6 billion Amsterdam IPO
Business
23.04.2024
Private equity giant CVC set to launch €1.6 billion Amsterdam IPO
CVC Capital Partners is seeking a valuation of €13 billion to €15 billion as it readies itself to go public…
Netflix reports strong subscriber gains as earnings beat forecasts
Business
19.04.2024
Netflix reports strong subscriber gains as earnings beat forecasts
Netflix (NDX: NFLX) reported first-quarter earnings that blew away analysts’ forecasts in all aspects. The positive earnings result did not…
Defence stocks take a dive: Why are traders nervous about their record run?
Business
13.04.2024
Defence stocks take a dive: Why are traders nervous about their record run?
The defence sector has emerged as one of the best performers in the past two years, spurred by the Ukraine-Russia…
Beauty group Puig hopes to raise more than €2.5bn by going public
Business
08.04.2024
Beauty group Puig hopes to raise more than €2.5bn by going public
Beauty group Puig is preparing to launch one of Spain’s largest IPOs in years, meaning its private shares will become…
UBS stock rises as Swiss banking giant launches €1.8bn share buyback
Business
02.04.2024
UBS stock rises as Swiss banking giant launches €1.8bn share buyback
The bank said the program will start on 3 April 2024 and end at the latest on 2 April 2026…
ProSieben board turns down bid by MFE to split German broadcaster
Business
27.03.2024
ProSieben board turns down bid by MFE to split German broadcaster
On Wednesday, it was reported by Reuters that ProSiebensat.1 called on its shareholders to vote down its top investors’ proposals at…