Finance

MOSCOW, June 20 (Reuters) – Sberbank (SBER.MM), opens new tab expects to send at least $11.6 billion in tax and dividends to Russia’s federal budget this year and may build on 2023’s record profits as Western sanctions reduce competition, its finance chief […]

Private-equity firm Carlyle Group CG 0.74%increase; green up pointing triangle is expanding its exploration and production assets with the acquisition of operations in Italy, Egypt and Croatia from Energean ENOG 2.13%increase; green up pointing triangle for $820 million. The company said Thursday that the assets will form part […]

LONDON — British fintech firm Zilch said Wednesday it’s raised $125 million in debt financing from German banking giant Deutsche Bank in a deal that will help the company triple sales in the next couple of years and move closer toward an […]

BEIJING, June 20 (Reuters) – Long-touted changes to China’s tax system will focus on allowing local governments to retain more fiscal revenues, say policy advisers, widely seen by markets as an important step towards removing an immediate threat to financial […]

MUNICH/BEIRUT, June 19 (Reuters) – German authorities have cancelled their arrest warrant for Lebanon’s former central bank chief for technical reasons, but are continuing their probe and keeping his assets frozen, the Munich prosecutor’s office told Reuters on Wednesday. Riad […]

LONDON — British fintech firm Zilch said Wednesday it’s raised $125 million in debt financing from German banking giant Deutsche Bank in a deal that will help the company triple sales in the next couple of years and move closer toward an […]

BRUSSELS, June 17 (Reuters) – U.S. grains merchant Bunge and Glencore-backed (GLEN.L), opens new tab Viterra’s plan to create a $34 billion agricultural trading giant will be decided by EU antitrust regulators by July 18, a European Commission filing showed on Monday. […]

ZURICH, June 19 (Reuters) – Switzerland’s financial regulator on Wednesday ruled that the UBS (UBSG.S), opens new tab takeover of Credit Suisse did not create any competition concerns, despite recommendations from the country’s antitrust watchdog that it merited further scrutiny. Debate has […]

BEIJING/HONG KONG, June 18 (Reuters) – China’s latest property support measures have boosted transactions in its biggest cities, but activity in smaller localities is struggling to get off the ground, pointing to more pain ahead for most of the country’s […]

BERLIN, June 17 (Reuters) – Germany’s Deutsche Bank (DBKGn.DE), opens new tab is buying a 1.67 billion euro ($1.79 billion) aviation loan portfolio from lender NordLB for an undisclosed price, the banks announced on Monday. Germany’s largest lender won a bidding process […]