Oct 2 Reuters Polish convenience store group Zabka, which will this month undergo potentially the biggest initial public offering in Warsaw since 2020, expects to report higher margins this year, its finance chief said on Wednesday. Looking at the profitability of the first half of the year, it is expected that for the full year […]

Canary Wharf mulling approaches from 30plus hotel operators Close to deal with 74bed boutique hotel Landlord has faced tough time, with falling office demand LONDON, Oct 2 Reuters London39;s Canary Wharf financial district wants to convert swathes of empty office space into other uses including hotels, two executives at the landlord told Reuters, as it […]

MADRID, Oct 2 Reuters Spain39;s BBVA on Tuesday said that it had adjusted its takeover offer for Sabadell to take into account interim dividend payments from both lenders to shareholders in order to maintain the economic terms of the bid. In April, BBVA launched a more than 12 billion euro 13.4 billion bid for all Sabadell39;s shares, […]

Moody39;s confirms UniCredit ratings with stable outlook Would consider upgrade to Baa2 if it bought Commerzbank That could move UniCredit39;s rating above Italy39;s MILAN, Oct 2 Reuters Moody39;s would consider hiking UniCredit39;s credit rating one notch above Italy39;s sovereign rating if it bought Commerzbank, depending on a number of factors including an ability to contain […]

COPENHAGEN, Oct 2 Reuters Volvo Cars39; sales rose by 1 yearonyear in September to 62,458 cars, the Swedenbased automaker said on Wednesday amid a volatile and uncertain market. Volvo Cars, which is majorityowned by China39;s Geely Holding, said in a statement that total sales in Europe, the biggest market for Volvo Cars, were up 23, while […]