MILAN, Feb 5 Reuters UniCredit stunned markets on Monday with a bumper 2023 profit which it said it would distribute entirely to shareholders, and pledged to match it this year despite a toughening backdrop. Shares in Italy39;s secondbiggest bank jumped 10 to a nineyear high after the much stronger than forecast earnings, and upgrade to its […]

Q3 service revenue growth flat quarteronquarter at 4.7 Recovery in Germany slows to 0.3 from 1.1 in Q2 Says in active discussions in Italy Shares fall 1.2 LONDON, Feb 5 Reuters Vodafone said on Monday it was in active discussions about a deal in Italy, its worst performing major market, as it reported a slowdown in […]

SYDNEY, Feb 5 Reuters For Australia, China has become the Golden Goose that39;s always about to stop laying. For more than three decades now, barely a year has passed where a China crisis was not just around the corner, certain to shut down the rivers of gold flowing into Australia39;s trade coffers. The latest scares […]

HONG KONG, Feb 5 Reuters Chinese property developers Sunac China and CIFI Holdings said some of their projects had been listed by local governments as suitable for loans, adding to the number of defaulted developers getting support from authorities. China39;s largest private property developer Country Garden, which defaulted on its offshore debt late last year, said on […]

LONDON, Feb 5 Reuters Nasdaqlisted technology company Yandex NV on Monday said it had agreed a 475billionrouble 5.21 billion cash and shares deal to sell its Russian assets to a consortium of Russian investors, including a fund ultimately owned by oil major Lukoil. Often referred to as Russia39;s Google, tech firm Yandex developed leading online services, […]

Feb 5 Reuters French technology company Atos on Monday said it was in talks with its banks about refinancing its debt, and that conditions for its initially planned rights issue were no longer valid due to changes in market environment. The standby underwriting commitment by BNP Paribas and JPMorgan for the 720 million euro 776 million […]

TOKYO, Feb 5 Reuters Itochu Corp39;s aviation unit will end its strategic cooperation with Israeli defence company Elbit Systems Ltd by the end of February over the war in Gaza, the Japanese trading house39;s executive said on Monday. Itochu Aviation, Elbit Systems and Nippon Aircraft Supply NAS signed the strategic cooperation memorandum of understanding MoU in March […]