MADRID, Oct 25 Reuters Santander may consider looking into acquiring a mortgage portfolio from Metro if the British bank decides to put it up for sale, the Spanish bank39;s Chief Executive Officer Hector Grisi said on Wednesday. Metro, seeking to bolster its finances after a string of setbacks, earlier this month announced a 325 million pound capital […]

BENGALURU, Oct 25 Reuters India39;s Axis Bank reported a biggerthanexpected rise in secondquarter profit on Wednesday, helped by strong growth in loans. The private lender39;s standalone net profit climbed 10 to 58.64 billion rupees 705.2 million in JulySeptember, beating expectations of 56.76 billion rupees, per LSEG data. The standalone numbers do not include the business of […]

PARIS, Oct 25 Reuters Renault said on Wednesday it will invest 3 billion euros 3.2 billion by 2027 to launch eight new vehicles and boost electric vehicle EV sales outside Europe as part of a global relaunch for the French car brand. As part of its 2021 strategy turnaround, the French carmaker has focused on the […]

TOKYO, Oct 25 Reuters Honda Motor and General Motors GM are scrapping a plan to jointly develop affordable electric vehicles EVs, the companies said on Wednesday, just a year after they agreed to work together in a 5 billion effort to try to beat Tesla in sales. The decision underscores GM39;s strategic shift to slow the launch of […]

SYDNEY, Oct 25 Reuters Japanese investment bank Nomura Holdings has laid off about 10 of its Hong Kongbased investment bankers, including some who were focused on Chinarelated deals, said two sources with direct knowledge of the matter. The sources, who spoke on condition of anonymity because they were discussing confidential information, said the cuts were announced […]