ZURICH, April 25 Reuters The Swiss National Bank posted on Thursday a record quarterly profit of 58.8 billion Swiss francs 64.34 billion for the first quarter, driven by the weakening franc and booming equity markets. The result for the central bank compared with a profit of 26.9 billion francs a year earlier and beat forecasts from […]

Metal39;s price hit a twoyear high on LME this week Copper demand boosted by new energy, AI applications Chinese companies also eyeing more copper mine deals BEIJINGHANOI, April 25 Reuters BHP Group39;s proposed 39 billion buyout of Anglo American is a big bet on copper that could spark a scramble for mining assets as a bullish demand outlook […]

BERLIN, April 25 Reuters Automotive supplier Continental has been fined 100 million euros 107.16 million for breaching its supervisory duties in connection with the Dieselgate emissions scandal, German prosecutors said on Thursday. The state prosecutor in Hanover, where Continental is headquartered, said it had issued the fine following an emissionsrigging investigation into the group and other […]

Q1 net profit up 50 to 308 mln euros vs 233 mln euros forecast Q1 NII rises 11.9 yy and 1.7 qq Sees lending income rising around 3 in 2024, stable in 2025 Ups 2024 ROTE target to above 12, previous goal was above 11.5 Net profit at TSB falls 31 following decline in NII […]

COPENHAGEN, April 25 Reuters Budget carrier Norwegian Air reported a widerthanexpected operating loss in the first quarter on Thursday, partly due to a weak Norwegian krone, sending its shares lower, but repeated its 2024 guidance on the back of strong summer demand. The carrier once flew transatlantic but straining under heavy debts and hit by the […]