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Euro zone governments should not interfere with bank consolidation, bank execs say

Euro zone governments should not interfere with bank consolidation, bank execs say WASHINGTON, Oct 25 (Reuters) - European Union governments should refrain from interfering with banking consolidation, which the bloc needs to compete with other major economies, two senior bank executives said on Friday. The challenge of closer financial integration has taken fresh relevance in the euro zone after Italy's UniCredit CRDI.MI last month unveiled a stake in Commerzbank CBKG.DE and said it would consid
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Uganda's $5 bln EACOP pipeline faces difficult debt talks

Uganda's $5 bln EACOP pipeline faces difficult debt talks By Wendell Roelf CAPE TOWN, Oct 25 (Reuters) - Partners developing the $5 billion East African Crude Oil Pipeline (EACOP) are injecting more cash into the project to prevent it stalling as debt financing proves elusive, Uganda's energy minister told Reuters. Minister Ruth Nankabirwa recently travelled to Beijing to meet with potential Chinese funders seen as crucial for the success of East African Crude Oil Pipeline (EACOP) after six West
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Clear Street poaches metals traders from LME floor trader Sigma, sources

Clear Street poaches metals traders from LME floor trader Sigma, sources By Pratima Desai and Julian Luk LONDON, Oct 25 (Reuters) - U.S. broker Clear Street, which is seeking membership of the London Metal Exchange's (LME) open outcry trading floor, has poached three metal traders from Sigma Broking, two sources familiar with the matter said. A unit of the broker, Clear Street Futures headed by Chris Smith, is planning a major expansion in LME metals trading, one of the sources said.
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France corporate earnings week ahead

DIARY-France corporate earnings week ahead Oct 25 (Reuters) - Diary of France (.FCHI) corporate earnings for the week ahead FRANCE EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 30-Oct-2024 AMC AIR.PA Airbus SE Q3 2024 Airbus SE Earnings Release 31-Oct-2024 BMO SOGN.PA Societe Generale SA Q3 2024 Societe Generale SA Earnings Release 31-Oct-2024 BMO STMPA.PA STMicroelectronics NV Q3 2024 STMicroelectronics NV Earnings Release 31-Oct-2024 07:00 TTEF.PA TotalEnergies SE Q3 2024 Tot
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Euro, yen bounce as dollar stalls near three-month highs

FOREX-Euro, yen bounce as dollar stalls near three-month highs Euro zone business activity contracts again in October Robust US data, hawkish Fed comments have supported dollar Yen gets respite as Japan finmin warns against rapid moves US and Japanese elections cloud outlook for dollar-yen Updates at 1125 GMT By Kevin Buckland and Medha Singh TOKYO/LONDON, Oct 24 (Reuters) - The euro and Japanese yen climbed from recent lows on Thursday, while the U .S.
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