Sumitomo Mitsui Financial Group, with a 7.2% share of domestic loans and 9.0% of deposits as of March 2024, is one of Japan’s Big Three banking groups. Compared with its two megabank rivals, SMFG has ...

"We are seeing some elements of optimism because we are seeing elements of de-escalation on the U.S. side," said Michal Baranowski, who is chairing a meeting of EU trade officials. "That's a good sign ...

Mitsubishi UFJ Financial Group reported a rise in annual net profit thanks to higher interest income and fees and commissions and announced a share buyback plan. The Japanese financial company said ...

Profit from industrial business rose 29% to 3.24 billion euros ($3.62 billion) for the quarter ended March 31, with an expanded margin of 16.9% from 14%. The figure beat analysts' expected 2.75 ...

In Europe, the Stoxx Europe 600 declined 0.5% in morning trading. Serco Group rose 6.1% and Lagercrantz Group B added 2.7%. On the other hand, Iveco Group dropped 7.3%, and 3i Group slipped 6.4%. The ...

Dow Jones Top Company Headlines at 3 AM ET: Siemens Beats Views on Higher Revenue, Profit | Deutsche ... Siemens Beats Views on Higher Revenue, Profit The company posted better-than-expected revenue ...

Eni said it is in exclusive talks to sell a 20% stake in its Plenitude low-carbon unit to Ares Management's alternative-credit arm for up to 2.04 billion euros ($2.28 billion).

The junk-bond market is showing signs of calmer times after positive developments in U.S. trade negotiations. A potential spike in corporate defaults revives interest in distressed debt investing, but ...

Considering the high cyclicality of the industry and nature of the passive components business, which requires heavy capital expenditure, tech companies tend to keep certain amounts of cash as a ...

Among the hurdles ahead for the British economy is an increase in taxes on employers that came into effect at the start of the second quarter. Along with an increase in the minimum wage, that has ...

Engie said the rise was mainly attributable to a better performance in its infrastructures business. Within the division, EBIT from networks activities rose organically by 69% but declined organically ...

The German group's operating profit was up 6.3% on year at 4.24 billion euros, just ahead of consensus' 4.23 billion-euro estimate. Allianz confirmed its full-year guidance for operating profit of ...