French companies benefiting from state aid can’t buy back shares: minister

[ad_1] FILE PHOTO: French Economy Minister Bruno Le Maire attends a press conference after the weekly cabinet meeting, as the spread of the coronavirus disease (COVID-19) continues, in Paris, France…

European insurer shares fall as row over dividends breaks out

[ad_1] MUNICH/LONDON (Reuters) – Shares in Europe’s insurers fell sharply on Friday after the industry’s EU regulator said they should temporarily halt dividends and share buybacks in response to the…

Indian shares flat; all eyes on TCS earnings, buyback decision

[ad_1] BENGALURU, Oct 7 (Reuters) – Indian shares were flat in early trade on Wednesday as investors awaited the second-quarter earnings season to be kicked off by IT bellwether Tata…

Italy’s Del Vecchio eyes up to 14% stake in Mediobanca: reports

[ad_1] MILAN (Reuters) – Italian eyewear tycoon Leonardo Del Vecchio is planning to raise his stake in financial group Mediobanca MDBI.MI to 13%-14% after he receives approval from the European…

Credit Suisse promises improved returns after investor pressure

[ad_1] By Brenna Hughes Neghaiwi ZURICH (Reuters) – Credit Suisse CSGN.S set ambitious targets to reward shareholders on Thursday as CEO Tidjane Thiam responds to activist investor demands for better…

France to direct loans of up 100 million euros to small firms

[ad_1] PARIS (Reuters) – The French government will make up to 100 million euros ($118 million) in loans available to help shore up the finances of small firms cut off…

Homebuilder Persimmon reinstates dividend after strong start to second-half

[ad_1] (Reuters) – Housebuilder Persimmon PSN.L posted a plunge in first-half profit on Tuesday after lockdown disrupted construction and home sales, but said it would reinstate its dividend after an…

Brazil’s Bolsonaro defends aid for poor as fiscal fears hit markets again

[ad_1] By Lisandra Paraguassu, Jamie McGeever BRASILIA (Reuters) – Brazil’s President Jair Bolsonaro hit back on Tuesday at accusations his government is using accounting gimmicks to fund a new minimum…

Column: ESG thrives in pandemic but amplifies growth-value split

[ad_1] LONDON (Reuters) – The scramble for funds screened for Environmental, Social and Governance scores appears to be paying off in the strange pandemic-hit world of 2020 – but it…

EU insurance watchdog under pressure to scrap blanket dividend ban

[ad_1] By Huw Jones, Carolyn Cohn LONDON (Reuters) – Europe’s insurance watchdog believes it is too early to change its guidance on the suspension of dividends for the industry, but…