Credit suisse completes liquidation of one of Greensill linked funds
Credit Suisse on Wednesday announced it has completed the liquidation process of one of its four funds linked to collapsed supply chain financing firm Greensill…
Category: Business
Deutsche Bank joins industry criticism of ECB
Deutsche Bank (DBKGn.DE) on Wednesday added its voice to the financial industry’s recent criticism of the European Central Bank, with the German lender’s finance chief…
SEAT-VW says to go ahead with Spanish e-car, battery project
Volkswagen’s Spanish unit SEAT will go ahead with a mega project to make electric vehicles and batteries after overcoming initial reservations about the size of…
German economy ministry wants to skim electricity windfall profit from November
Germany’s economy ministry wants to begin skimming off electricity providers’ windfall profits retroactively from November. Only plants with output of more than one megawatt would…
Nissan lifts profit forecast, but Renault uncertainty remains
Japan’s Nissan Motor Co (7201.T) lifted its full-year profit forecast on Wednesday, buoyed by higher-margin sales and a weaker yen, and reiterated talks with top…
Chipmaker TSMC plans Arizona factory expansion
TSMC (2330.TW), the world’s largest contract chipmaker and a major supplier to Apple Inc (AAPL.O), said on Wednesday it was constructing a building that could…
E.ON, regulator in discussions over German grid returns
E.ON (EONGn.DE), Europe’s largest operator of energy networks, is in talks with German regulators over how soaring inflation will be reflected in grid returns going…