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SoftBank shrinks robotics business, stops Pepper production
SoftBank Group Corp is slashing jobs at its global robotics business. It has stopped producing its Pepper robot, as the conglomerate downgrades its industry...
GFG Alliance says it can pay back creditors after major restructuring
The GFG Alliance owned by commodities tycoon Sanjeev Gupta said that it was progressing with a major restructuring, and that will allow it to...
Natwest sells Irish commercial lending business to AIB
Natwest Group had agreed to sell most of its Irish commercial lending business to regional peer Allied Irish Banks. This is as a part of...
Emergency ECB stimulus could end next March – Holzmann
The European Central Bank could end its emergency stimulus scheme. Austrian central bank chief Robert Holzmann said that the markets may be right in...
Irish Central Bank raises 2021 growth forecast to 8.3%
Ireland’s central bank raised its growth forecast for 2021 for the second time. This is as the progress of the COVID-19 vaccination campaign, improving...