Commerzbank (CBK GY) is considering additional job cuts, Handelsblatt reports citing sources
Commerzbank's consideration of additional job cuts signals potential restructuring efforts ahead, likely aimed at improving operational efficiency amid ongoing market pressures.
SNB Chairman Schlegel says they have "unrestricted" room for manoeuvre when it comes to the policy rate and on FX intervention
Union Spokesperson says workers at Australia's INPEX (1605 JT) LNG plant vote in favour of strikes
Commerzbank (CBK GY) is considering additional job cuts, Handelsblatt reports citing sources
Alphabet's (GOOGL) Google and Microsoft (MSFT) will partake in the bidding process for the AI data centre that Softbank (9984 JT) is constructing in Ohio, Nikkei reports; decision expected by end-April
EU leaders have tasked Finance Ministers to come up with new measures to deal with potential energy shortages after assessing that current proposals were not enough, Bloomberg reports, citing sources
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This move could indicate a more cautious outlook from management and may affect investor sentiment towards the bank and sector as a whole, particularly if it reflects broader economic challenges in Europe.
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