Germany aims to avoid any firm becoming insolvent due to coronavirus

[ad_1] FILE PHOTO: The German flag is pictured at the Reichstag building during exploratory talks about forming a new coalition government in Berlin, Germany, November 7, 2017. REUTERS/Hannibal Hanschke BERLIN…

Paragon to reorganise business lines

[ad_1] LONDON (Reuters) – Britain’s Paragon Group of Companies PARA.L said on Thursday it was reorganising its business lines to accelerate its transformation into a diversified banking group and improve…

Italy busts crime ring that laundered 300,000 euros in gold per week

[ad_1] ROME (Reuters) – Italy arrested 11 people for running an international gold laundering ring on Tuesday that melted down and sold some 300,000 euros (255,146.68 pounds) worth of the…

German economy growing by 3% quarter-on-quarter after pandemic slump – DIW

[ad_1] FILE PHOTO: A worker wears a protective mask at the Volkswagen assembly line after VW re-starts Europe’s largest car factory after coronavirus shutdown in Wolfsburg, Germany, April 27, 2020.…

French 2020 economic contraction could be less than forecast 11% – Le Maire

[ad_1] FILE PHOTO: Bruno Le Maire, French Minister of the Economy, Finance, and Recovery, wearing a protective face mask, leaves following the first weekly cabinet meeting after summer vacation break,…

Italy’s Conte downplays Rome’s breach of EU fiscal rules

[ad_1] Italian Prime Minister Giuseppe Conte holds a news conference at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Toby Melville BRUSSELS (Reuters) – Italy’s Prime Minister…

Turkey’s Isbank says reduces interest rates for housing loans

[ad_1] ISTANBUL, Sept 13 (Reuters) – Turkey’s Isbank reduced interest rates for housing loans, the lender said on Friday, after the central bank cut its key policy rate by 325…

Activist investor Acacia buys stake in UK-listed Sensyne Health

[ad_1] LONDON (Reuters) – New York-based Acacia Research Corporation said on Tuesday it had acquired an 11.8% stake in UK-listed artificial intelligence healthcare company Sensyne Health SENSS.L. Acacia which earlier…

Former Wirecard boss Braun to be quizzed by German lawmakers

[ad_1] FILE PHOTO: Markus Braun, CEO of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions attends the company’s annual news conference in Aschheim…

TSB CEO leaves bank after IT fiasco batters brand

[ad_1] By Emma Rumney, Sinead Cruise LONDON (Reuters) – Paul Pester, the chief executive of Britain’s crisis-hit TSB Bank, is stepping down after months of pressure following a botched IT…