Citigroup Inc's investment banking team has increased by 50% over the past two years and more people are being added in the United Arab Emirates (UAE) and Saudi Arabia, joining rivals seeking to take advantage of a red-hot Gulf IPO market.
Providers of environment, social and governance (ESG) ratings on companies will be asked to apply a voluntary best practice code as a first step to regulating the sector, Britain's Financial Conduct Authority said on Tuesday.
Struggling gas trader VNG (VNG.UL) and Berlin continue to be in constructive talks about compensation in light of halted Russian gas supplies but are not discussing a state aid package worth several billions of euros, VNG's parent EnBW said.
Software company Zendesk Inc on Tuesday completed its sale to a group of private equity firms led by Hellman & Friedman and Permira in a deal valued at $10.2 billion after prolonged pressure from activist investor Jana Partners.
The European Commission proposed a gas price cap of 275 euros per megawatt hour for month-ahead TTF contracts, EU energy commissioner, Kadri Simson, told a news conference on Tuesday.
Russian President Vladimir Putin and his Cuban counterpart Miguel Diaz-Canel unveiled a monument in a north Moscow square on Tuesday to Cuban revolutionary leader Fidel Castro, pledging to deepen their friendship in the face of U.S. sanctions against both countries.
Sam Bankman-Fried's FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years, official property records show.
Twitter Inc has told a federal judge in San Francisco that a lawsuit claiming the company violated U.S. law by laying off thousands of workers without notice is baseless, and moved to send the claims to arbitration.
Global vaccine alliance Gavi said on Tuesday it was not in breach of a deal to buy Novavax's COVID-19 vaccine and that it reserved all rights, including the recovery of advance payments to the company.
