BRUSSELS, Aug 13 Reuters Chinese security firm Nuctech reiterated on Tuesday that it had not received Chinese state subsidies, after the EU General Court on Monday rejected its request to temporarily suspend the European Commissions decision to inspect the company. Nuctech has not received any subsidies from the Chinese state and will continue defending its […]

Reuters Bitcoin miner Riot Platforms said on Tuesday it had increased its stake in rival Bitfarms to 18.9. Riot acquired 1 million common shares of Bitfarms on Tuesday, representing about 0.22 of issued and outstanding Bitfarms common stock. The acquisition takes the total count of Bitfarms shares owned by Riot to about 85.3 million. Bitfarms said earlier in the […]

FRANKFURT, Aug 14 Reuters Deutsche Pfandbriefbank PBB, one of Germany39;s top property financiers, posted a fall in secondquarter profit and an increase in risk provisions as it navigates troubles in the realestate industry, figures on Wednesday showed. PBB said that it expects the commercial property market, whose troubles on both sides of the Atlantic plunged the […]

FRANKFURT, Aug 14 Reuters RWE, Germany39;s largest power producer, on Wednesday released higherthanexpected profits for the first half, supported by its fleet of gasfired power plants that beat earnings expectations. Firsthalf adjusted core profit EBITDA fell 30 to 2.9 billion euros 3.2 billion, beating the 2.8 billion forecast in a poll provided by the company. […]

ZURICH, Aug 14 Reuters UBS on Wednesday reported a net profit of 1.14 billion for the AprilJune period, comfortably surpassing analysts39; forecasts as Switzerland39;s largest bank enters a new stage in the integration of its onetime rival Credit Suisse. The net profit attributable to shareholders compared with the 528 million forecast by analysts in a companyprovided […]