German reinsurer Munich Re on Tuesday posted a 48% drop in net profit in the first quarter, a decline resulting from 1.1 ...

The wildfires, which devastated Los Angeles in January, led to claims worth almost $1.9 billion for two of the world’s ...

The Bank of Uganda has bought $1.5 billion from the market this fiscal year and used currency swaps to rebuild its ...

MADRID (Reuters) -Spanish telecom company Telefonica reported a first-quarter net loss of 1.3 billion euros ($1.45 billion) ...

MADRID (Reuters) -Spanish telecom company Telefonica said on Wednesday it booked a net loss of 1.3 billion euros ($1.45 ...

SEOUL (Reuters) - Samsung Electronics said on Wednesday it had agreed to buy Germany's FlaktGroup for 1.5 billion euros ...

Banco de Sabadell agreed to issue 1 billion euros ($1.12 billion)in additional tier 1 bonds. The Spanish lender late Tuesday said that bond's remuneration rate is set at 6.50% per year, payable ...

The number of Nigerian companies valued above $1 billion has risen to 11, as a strong equities rally continues to ...

French construction-to-telecoms group Bouygues posted better-than-expected first-quarter core earnings on Wednesday, driven ...

Germany's biggest reinsurers took a $1.9 billion profit hit in the first quarter from claims related to the recent Los Angeles wildfires. Munich Re, the world's largest reinsurance company, said ...

In addition to the IMF funding, the government anticipates receiving a further $2 billion in budgetary support from ...