Deutsche Bank Sees €1.3 Billion Legal Provision Tied to Postbank
Deutsche Bank AG is putting aside as much as €1.3 billion ($1.4 billion) in legal provisions, warning this will hit profits.
Deutsche Bank AG is putting aside as much as €1.3 billion ($1.4 billion) in legal provisions, warning this will hit profits.
Private equity fund L Catterton, which is backed by luxury giant LVMH Moet Hennessy Louis Vuitton SE, agreed to buy a majority stake in Italian beauty brand Kiko.
Thames Water customers will have contributed £540 million ($674 million) toward the construction of new sewerage infrastructure in London by the time it starts operating next year, the Financial Times reported, citing a study.
Russian forces pressed forward in eastern Ukraine and in some areas accelerated their advance as Kyiv’s depleted forces await badly needed US weaponry, according to US and UK officials.
Rishi Sunak said this week he’s putting UK defense spending on a “war footing.” He might as well have been talking about his own position.
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