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) ...

The International Monetary Fund is set to release $1.3 billion to Bangladesh in June following the fourth review of its $4.7 ...

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

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 ...

Samsung Electronics said on Wednesday it had agreed to buy Germany's FlaktGroup for 1.5 billion euros ($1.68 billion) as it ...

About 800 million euros ($905 million) will be allocated for the acquisition and installation of anti-tank mines to deter ...

Veolia said it agreed to buy Caisse de Depot et Placement du Quebec's minority stake in its Water Technologies and Solutions subsidiary for $1.75 billion, taking full ownership.

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 ...