News

Desire to lower numbers must be weighed against economic demands

U.S. boutique investment bank Centerview has found an office in the heart of Paris and is hiring senior bankers to establish a second European hub as Brexit looms, three sources told Reuters.

The UK is entering a new world, going its own way while superpowers dominate

U.S. homebuilder PulteGroup Inc forecast full-year home sales above Wall Street estimates on Tuesday, pointing to strong first-time buyer demand amid lower mortgage rates and easing prices, sending its shares up as much as 5%.

Finland's Kone has outbid rival suitors for Thyssenkrupp's prized elevator division with a preliminary offer of 17 billion euros ($18.9 billion), two people familiar with the matter told Reuters on Tuesday.

Greece attracted record orders for its first 15-year bond sale since the financial crisis, a crucial step in furthering the thrice bailed-out country's capital markets comeback.

Banks and luxury goods led a recovery in European shares on Tuesday after heightened concerns about the about the potential impact on businesses from the coronavirus outbreak in China saw the main index post its worst day in about four months.

Private Equity firm TPG is in talks to cut its stake in its credit-investing arm, TPG Sixth Street Partners (TSSP), the Wall Street Journal reported https://www.wsj.com/articles/tpg-in-talks-to-reduce-stake-in-32-billion-credit-investing-arm-11580225533?mod=searchresults&page=1&pos=1 on Tuesday, citing people familiar with the matter.

Privatisation without deregulation is like a teapot with no tea

* Shares drop to eight-week low, then recover (Adds CEO comment, bullets, updates shares)