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Julius Baer Group Ltd. said that it expects a “significant” boost to annual profit this year, as an acceleration in client inflows signaled an improvement of confidence in the Swiss wealth manager.
Zurich Insurance Group AG set new targets for profitability and profit growth for the next three years, after a better-than-expected market environment put it on track to exceed its existing guidance a year ahead of plan.
Potential trade levies during a second Donald Trump presidency wouldn’t derail the European Central Bank’s easing plans, Governing Council member Francois Villeroy de Galhau said.
For years, Israelis were told that in the next war with Hezbollah, the Lebanese militia would fire thousands of rockets and missiles a day, overwhelming their air defenses, causing blackouts, death and destruction.
Fresh troubles at the Adani Group are posing a threat to US-based GQG Partners LLC, which took a contrarian bet on the conglomerate after a short-seller attack last year.
Mali’s military leaders fired Prime Minister Choguel Maiga and his entire government, days after the premier criticized the junta’s failure to implement a transition to civilian rule.
Kioxia Holdings Corp. plans to debut on the Tokyo Stock Exchange in mid-December at a value of about ¥750 billion ($4.8 billion), fast-tracking the move to stay relevant in the competitive memory sector.
India’s central bank will consider its job unfinished until inflation moderates around its 4% target on a durable basis, Governor Shaktikanta Das said.
Romania’s ultra-nationalist party leader, whose popularity has propelled him to No. 2 in the polls ahead of the country’s presidential election, said he would halt military aid to Ukraine if he gets the top job.
Car sales in Europe are flatlining, leading manufacturers including Ford Motor Co. and Volkswagen AG to push for cost cuts in response to muted demand.
Ireland holds a general election on Nov. 29, with Prime Minister Simon Harris hoping to capitalize on a strong economy to secure another five years in power.
South Africa’s reserve bank is set to look past a sharp slowdown in inflation and only cut interests rates by a modest quarter percentage point, as new risks to its outlook emerge.
Volkswagen AG faces a growing threat of widespread walkouts as executives and unionists dig in over how to restructure Europe’s biggest automaker.
About 10% of Africa is embroiled in conflict, with fighting having spread and intensified over the past three years, according to Verisk Maplecroft.
Egypt is poised to keep interest rates at a record high as it awaits the full inflationary impact of a fuel-price hike and the completion of a key International Monetary Fund review.
Chinese Premier Li Qiang is expected to meet with top foreign executives on Monday ahead of a supply chain expo in Beijing, just as companies brace for Donald Trump’s threat to hike tariffs on Chinese goods.
