Postal Savings Bank of China boasts a strong retail deposit base with market share of over 9% in China. Its strong deposit base was supported by its inherent advantage in the rural banking market ...

In Europe, the Stoxx Europe 600 climbed 0.1% in morning trading. FLSmidth added 9.8% and Burberry Group rose 8.8%. On the other hand, Alstom slipped 14.1%, and Alcon dropped 7.2%. The FTSE 100 added 0 ...

Universal Music Group, the record label behind Taylor Swift, said Wednesday that Bill Ackman resigned from the board with immediate effect due to new executive and board obligations arising from his ...

Imperial Brands reported a higher pretax profit for the fiscal first half and said Chief Executive Stefan Bomhard would retire after serving the company for five years. The London-listed tobacco ...

Compass Group backed its full-year guidance as it delivered double-digit underlying operating profit growth. The U.K. catering contractor said Wednesday that its pretax profit for the six months ended ...

GSK will acquire liver-disease treatment efimosfermin from Boston Pharmaceuticals for up to $2 billion to expand its portfolio. The British pharma giant said Wednesday that it will pay the U.S.

Hapag-Lloyd backed full-year guidance as it cautioned that global trade conflicts and continuing disruptions in the Red Sea could significantly impact supply and demand in the container shipping ...

Telefonica reported a swing to net loss and lower revenue for the first quarter, reflecting the sale of its Argentine and Peruvian units along with the depreciation of the Brazilian real, and said it ...

Banco de Sabadell agreed to issue 1 billion euros ($1.12 billion)in additional tier 1 bonds. The Spanish lender late Tuesday said that bond's remuneration rate is set at 6.50% per year, payable ...

Samsung Electronics has agreed to buy Germany's FlaktGroup in what would be the South Korean company's biggest acquisition in eight years, amid growing demand for AI data-center cooling.

E.ON backed its full-year guidance of adjusted Ebitda between 9.6 billion and 9.8 billion euros, and adjusted net profit between 2.85 billion and 3.05 billion euros. It also confirmed its outlook ...

Despite a cost/income ratio that reflects pressure on its top line, we think Resona is one of the more cost-efficient Japanese banks, reflecting its business and geographic mix and its history of ...