Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds

[ad_1] Wefox CEO Julian Teicke. Wefox Wefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding from Deutsche Bank and UniCredit, two anonymous sources familiar…

Germany will become the sick man of Europe without change, Deutsche Bank CEO says

[ad_1] “We are not the sick man of Europe,” Sewing said in his keynote address at the Handelsblatt Banking Summit 2023, “but it is also true that there are structural…

European stocks open mixed as investors assess global data, earnings

[ad_1] 59 Mins Ago CNBC Pro: Worried about a slowdown? One asset management firm shares a way to hedge — and names 10 global stocks High-yielding stocks have been doing…

European stocks lower as earnings roll in; Siemens Energy plunges 34%; ECB holds rates

[ad_1] An Hour Ago Dollar index hits highest level in more than 2 weeks The U.S. dollar index hit a high not seen in more than two weeks on Thursday…

European stocks set to open lower amid earnings; Deutsche Bank beats estimates

[ad_1] European stocks set to open lower amid earnings; Deutsche Bank beats estimates  CNBC [ad_2] Source link

Qatar doubles Credit Suisse stake as embattled lender forges ahead with strategic overhaul

[ad_1] The QIA now owns 6.8% of Credit Suisse’s shares, second only to the 9.9% stake purchased by the Saudi National Bank last year as part of a $4.2 billion…

Philip Morris considers selling stake in pharmaceuticals unit to boost health-care division

[ad_1] A Vectura Group logo is seen on a smartphone and a PC screen. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Philip Morris International is considering selling…

Affirm shares rocket 26% after better-than-expected results and strong guidance

[ad_1] Affirm Holdings Inc. website home screen on a laptop computer in an arranged photograph taken in Little Falls, New Jersey. Gabby Jones | Bloomberg | Getty Images Affirm shares…

Stock market today: Wall Street drifts ahead of inflation report

[ad_1] NEW YORK (AP) — Stocks are drifting Wednesday, as Wall Street waits for a highly anticipated report on inflation that’s arriving the next day. The S&P 500 was edging…

Google’s cloud business turns profitable for the first time on record

[ad_1] Google CEO Sundar Pichai speaks onstage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Google has been pouring money…