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Citigroup pauses buybacks briefly due to new capital rule
Chief Financial Officer Mark Mason stated that the Citigroup Inc is pausing buybacks of its stock this quarter. This is because of the expected...
Thyssenkrupp restructure halfway complete, expecting 2022 higher margin
Thyssenkrupp’s radical restructuring involving a string of disposals and cost cuts is about halfway complete. This is with the group on track for higher...
Dollar edges higher before US jobs report as Omicron fears ease
The dollar ticked higher amid a broadly calmer tone in markets. This is because the fears over Omicron’s impact eased. But the currency moves...
Management turmoil complicates Telecom Italia bid response
Telecom Italia (TIM) is looking to draw up a list of candidates to advise it on a takeover approach from U.S. group KKR. This...
UK medium term inflation gauge hits highest record
A key measure of medium-term British inflation expectations in financial markets hit its highest since at least late 2013. This has potentially added to...