Global Banking & Finance Review

@GBAFReview

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Global Banking & Finance Review@GBAFReview · 12 m

Boeing posts a smaller loss as jet deliveries rise, signaling a recovery. With a focus on safety and quality, they're ramping up production to meet demand. #Aerospace #Boeing #Recovery 🚀 ift.tt/9rOnGob

GBAFReview's tweet card. (Reuters) -Boeing reported a smaller second-quarter loss on Tuesday as the U.S. planemaker ramped up jet production and deliveries, recovering from a regulatory crisis and a major strike that halted

Global Banking & Finance Review@GBAFReview · 2 m

📈 Sberbank reports a slight profit rise amid high interest rates, but lending growth remains constrained. Easing rates may offer a path forward! #Finance #Sberbank #InterestRates ift.tt/bJ7pfWg

GBAFReview's tweet card. MOSCOW (Reuters) -Russia's dominant lender Sberbank on Tuesday reported a slight increase in second-quarter net profit to 422.9 billion roubles ($5.19 billion), from 418.7 billion roubles a year

Global Banking & Finance Review@GBAFReview · 2 m

📉 The pound hits a 10-week low against the dollar post US-EU trade deal. Inflation signals and weak growth outlook complicate the Bank of England's path. #Forex #Economy #TradeDeal ift.tt/0F9K8mc

GBAFReview's tweet card. By Lucy Raitano LONDON (Reuters) -The pound fell to a 10-week low against a stronger dollar on Tuesday, while staying just off a two-year low against the euro, as markets continue to digest the

Global Banking & Finance Review@GBAFReview · 2 m

📉 Piaggio's net profit plummets 42% amid market challenges. CEO emphasizes flexibility and financial control as key to navigate tough times. #Piaggio #Vespa #BusinessChallenges 📊 ift.tt/QaPioV1

GBAFReview's tweet card. (Reuters) -Italy's Piaggio said on Tuesday its net profit fell 42.2% to 30.1 million euros ($34.84 million) in the first half of 2025 in a contracting market for motor vehicles. Piaggio, known for its

Global Banking & Finance Review@GBAFReview · 2 m

🌍 Decathlon plans to double its India sourcing to $3B by 2030, focusing on high-potential categories. Exciting times ahead for India's sports market! #Decathlon #India #SportsGoods #Growth 🚴‍♂️ ift.tt/3iCD1Re

GBAFReview's tweet card. (Reuters) -France's Decathlon aims to double the share of goods sourced from India to $3 billion over the next five years, the sporting goods retailer said on Tuesday, expanding its footprint in the

Global Banking & Finance Review@GBAFReview · 2 m

Meta's bold superintelligence bets are raising concerns as profits slow. Can Zuckerberg deliver returns amid fierce AI competition? #Meta #AI #BusinessStrategy #Innovation ift.tt/FLz6GSt

GBAFReview's tweet card. By Jaspreet Singh and Aditya Soni (Reuters) -It's crunch time for Mark Zuckerberg as he pulls out all the stops to stay relevant in Silicon Valley's intensifying advanced artificial intelligence race.

Global Banking & Finance Review@GBAFReview · 12 m

📉 Brembo reports a 14% drop in core profit amid automotive market challenges. Yet, they maintain a positive outlook for 2024! #Brembo #Automotive #MarketTrends #ProfitUpdate ift.tt/lXLowcg

GBAFReview's tweet card. (Reuters) -Italian brake maker Brembo on Tuesday posted a 14.4% drop in its first-half core profit (EBITDA) to 300.9 million euros ($348.1 million), hit by headwinds in the European and North American

Global Banking & Finance Review@GBAFReview · 12 m

📈 Temasek plans to boost its stake in Ermenegildo Zegna to 10%, signaling confidence in the luxury market. Exciting times ahead! #Investment #LuxuryFashion #Temasek #Zegna ift.tt/yARLXe4

GBAFReview's tweet card. SINGAPORE (Reuters) -Singapore state investment company Temasek plans to raise its stake in Italian luxury fashion house Ermenegildo Zegna to up to 10%, two sources familiar with the matter said on

Global Banking & Finance Review@GBAFReview · 13 m

📈 Exciting news! Jason Forrester is the new Chief Risk Officer at StanChart. His expertise will be crucial as the bank navigates market challenges. #Leadership #Banking #RiskManagement ift.tt/KRTcnb9

GBAFReview's tweet card. LONDON (Reuters) -Standard Chartered has appointed Jason Forrester as its new Chief Risk Officer, the British bank said on Tuesday. Forrester joined the lender five years ago and is currently Co-Head,

Global Banking & Finance Review@GBAFReview · 28 m

🚀 Novo Nordisk appoints Maziar Mike Doustdar as CEO to revive sales amid competition in the weightloss drug market. A pivotal moment for the industry! #NovoNordisk #Leadership #Pharma 🚀 ift.tt/ZEyhKu2

GBAFReview's tweet card. COPENHAGEN (Reuters) -Novo Nordisk named Maziar Mike Doustdar as its new chief executive on Tuesday, relying on an experienced company insider to revive sales and a share price hit by worries the

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Global Banking & Finance Review@GBAFReview · 43 m

🏌️‍♂️ Trump opens a new golf course in Scotland while addressing global crises. Balancing leisure with diplomacy is key! #Leadership #Golf #Diplomacy #GlobalAffairs 🌍 ift.tt/jq76Fc5

GBAFReview's tweet card. By Andrea Shalal and Alistair Smout ABERDEEN, Scotland (Reuters) -U.S. President Donald Trump formally opened a new golf course at his sprawling property in Scotland on Tuesday, saying he would play a

Global Banking & Finance Review@GBAFReview · 1 h

📉 Novo Nordisk cuts its 2025 sales growth outlook amid rising competition in the obesity drug market. Challenges ahead for Wegovy and Ozempic! #Pharma #Obesity #MarketTrends ift.tt/ps8ILyB

GBAFReview's tweet card. COPENHAGEN (Reuters) -Obesity drugmaker Novo Nordisk warned on Tuesday that full-year sales and operating profit would grow less than previously expected, marking its second forecast cut of 2025. The

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Global Banking & Finance Review@GBAFReview · 2 h

🔥 Portugal faces wildfires fueled by extreme heat and drought. A reminder of the urgent need to combat climate change for our forests and communities. #ClimateAction #WildfireAwareness 🌳 ift.tt/mGIbNOp

GBAFReview's tweet card. By Miguel Pereira CANELAS, Portugal (Reuters) -More than 1,300 firefighters backed up by a dozen waterbombing planes battled three big wildfires in central and northern Portugal on Tuesday, with

Global Banking & Finance Review@GBAFReview · 2 h

🏚️ A Thai grandmother returns to her destroyed home after fleeing conflict. "Thank God, we fled," she says. Hope for recovery amid devastation. #Thailand #Conflict #Resilience ift.tt/mRg2FvQ

GBAFReview's tweet card. By Shoon Naing and Artorn Pookasook KANTHARALAK, Thailand (Reuters) -After hearing that a nearby convenience store had been hit by shelling from Cambodia last week, Koon Kantho quickly packed her

Global Banking & Finance Review@GBAFReview · 2 h

📈 Spain's antitrust regulator expands its probe into Apple's App Store pricing practices. Could this impact developers and app pricing? #Apple #Antitrust #AppStore #TechNews 📉 ift.tt/zGkKigB

GBAFReview's tweet card. MADRID (Reuters) -Spain's antitrust regulator said on Tuesday it was expanding its investigation into possible anti-competitive behaviour by Apple for allegedly imposing unequal commercial conditions

Global Banking & Finance Review@GBAFReview · 2 h

🚨 The "Hollywood Con Queen" loses extradition fight to the U.S. for a $1M fraud scheme. Justice prevails as he faces trial for his alleged crimes. #Fraud #Justice #Extradition 🚨 ift.tt/IaPELv3

GBAFReview's tweet card. LONDON (Reuters) -An Indonesian national dubbed the "Hollywood Con Queen" by the media for allegedly impersonating top female movie industry executives in a seven-year fraud on Tuesday lost his bid to

Global Banking & Finance Review@GBAFReview · 2 h

📉 Spotify's forecast falls short as higher taxes impact profits, leading to a nearly 9% drop in shares. Investors remain cautious amid rising competition. #Spotify #Investing #MusicStreaming ift.tt/gaom2vM

GBAFReview's tweet card. (Reuters) -Spotify forecast third-quarter profit below Street estimates on Tuesday as higher taxes related to employee salaries outweigh upbeat demand for its premium music-streaming plans. The

Global Banking & Finance Review@GBAFReview · 2 h

💔 Over 60,000 Palestinians have died in the ongoing Gaza conflict, with humanitarian needs escalating. Urgent calls for a ceasefire grow louder. #Gaza #HumanRights #Peace ift.tt/nuS9Qjx

GBAFReview's tweet card. By Tala Ramadan JERUSALEM (Reuters) -Israel's military offensive on the Gaza Strip has killed at least 60,000 Palestinians since Oct. 7, 2023, the enclave's health ministry said, a conflict that has

Global Banking & Finance Review@GBAFReview · 2 h

🚨 Trump sets a 10-12 day deadline for Russia to progress on a Ukraine ceasefire or face sanctions. The Kremlin acknowledges but vows to continue its military operation. #Ukraine #Geopolitics ift.tt/LczyQ86

Global Banking & Finance Review@GBAFReview · 2 h

🌏 India & Taiwan lead in Russian naphtha imports, driven by cost and demand. A shift in trade routes highlights a new era in global energy dynamics. #Energy #Trade #Naphtha 🌊 ift.tt/nvDC3xf

GBAFReview's tweet card. MOSCOW (Reuters) -India and Taiwan were the leading destinations for Russian seaborne naphtha exports in June, as cheaper volumes and domestic demand attracted buyers, according to traders and LSEG