Exclusive: South African pension fund seeks central bank approval to increase Barclays Africa stake: sources
JOHANNESBURG (Reuters) – Africa’s biggest pension fund, Public Investment Corporation, has sought approval from South Africa’s central bank to raise its stake in Barclays Africa , two sources with direct knowledge of the matter said.
Ahead of Brexit, some banks quietly shift M&A bankers to Frankfurt
FRANKFURT (Reuters) – Global banks are quietly building up their investment banking teams in Frankfurt as the German deals market hots up, boosting the city’s chances of being one of the financial centers to benefit most from Britain’s vote to leave t…
EU queries UK Brexit assurances to Nissan
BRUSSELS (Reuters) – The EU executive has asked the British government for details of assurances it gave to Japanese carmaker Nissan that new investment would not suffer when Britain leaves the bloc, a European Commission spokesman said on Monday.
Farfetch CEO says IPO on the horizon within 2-3 years
PARIS (Reuters) – Online luxury retailer Farfetch, valued at around $1.5 billion in a fund-raising this year, sees a flotation on the cards in two to three years once a phase of high investment is over, its CEO told Reuters.
Exclusive: Iran’s Airbus jet purchase gets boost from lease finance deal – sources
SINGAPORE/ANKARA (Reuters) – Iran has reached a deal with a foreign leasing company to finance the first 17 jets it plans to buy from Airbus , breaking a logjam in efforts to import aircraft following the lifting of sanctions, people familiar with the …
Germany has no info from U.S. on reports of cheat device in Audi cars: spokesman
BERLIN (Reuters) – U.S. authorities have not shared any information with Germany regarding software that a newspaper report said was found in some Audi vehicles that lowered their carbon dioxide emissions during tests, a Transport Ministry spokesman sa…
Swiss tax authority will not appeal UBS file access in French tax probe
ZURICH (Reuters) – The Swiss federal tax administration (FTA) has decided not to appeal against a court decision to let UBS inspect files and receive information in a tax investigation by French tax authorities, FTA said on Monday.
Cargo owners in flight to safety after Hanjin collapse, shipping lines say
SHANGHAI/TAIPEI (Reuters) – Cargo owners are becoming more concerned about risks and are shifting their business to shipping lines deemed more financially stable after the collapse of South Korea’s Hanjin Shipping Co Ltd , top shipping executives said….
Risk plays roar back as Clinton’s prospects brighten
LONDON (Reuters) – Stocks and the dollar posted their biggest gains in weeks on Monday after the FBI said it stood by an earlier recommendation that no criminal charges were warranted against Democrat Hillary Clinton.
Wall Street expected to see second year of declining bonuses: report
(Reuters) – Wall Street bonuses are expected to fall for a second consecutive year, according to a closely watched report.
