Tag: Financial services
Italian arms firm Leonardo buys stake in Germany’s Hensoldt
BERLIN — Italian arms manufacturer Leonardo said Saturday that it is buying large stake in Germany company Hensoldt from the U.S. investment firm KKR.
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With Europe’s economy lagging, ECB to keep stimulus running
FRANKFURT, Germany — The European Central Bank is expected to signal Thursday that even if inflation rises later this year it won't consider cutting...
New enrollments push Anthem beyond expectations in Q1
INDIANAPOLIS — Anthem delivered a better-than-expected first quarter and pushed its 2021 forecast past expectations, as growing enrollment and a pharmacy benefits business lifted...
Toshiba brushes off renewed push from CVC on acquisition bid
TOKYO — Toshiba Corp. on Tuesday brushed off a fresh missive from CVC Partners about the global fund’s proposal to acquire the Japanese manufacturer,...
‘Britcoin’ digital currency being considered by UK
LONDON — British authorities are exploring the possibility of creating a new digital currency that Treasury chief Rishi Sunak indicated could be known as...
Northeast banks Webster, Sterling to merge in all-stock deal
NEW YORK — Webster Financial Corp. is buying Sterling Bancorp in an all-stock deal that values Sterling at more than $5 billion, the northeastern...
Turkey to ban cryptocurrencies for buying goods, services
ANKARA, Turkey — Turkey’s central bank is banning the use of cryptocurrencies such as bitcoin in payments for goods and services, according to a...
EXPLAINER: Charmed by Madoff, SEC later tightened its rules
WASHINGTON — Until Bernie Madoff’s scheme came crashing down and the biggest Ponzi scheme in Wall Street’s history came to light, he appeared as...
UnitedHealth ups forecast after strong start to year
MINNETONKA, Minn. — UnitedHealth profits jumped about 44% in the first quarter and the nation's largest health insurer boosted its outlook for the year....
Turkish central bank maintains key rate unchanged at 19%
ANKARA, Turkey — Turkey’s central bank on Thursday kept a key interest rate unchanged at 19%, in its first rate decision since the surprise...