RAISE, a French asset manager focused on sustainable finance, has recruited a team from EDF.PA, the investment arm of power giant EDF, to lead an infrastructure fund. The fund aims to raise 750 million euros…

British Prime Minister Rishi Sunak has committed to increasing government spending on infrastructure projects as part of the G7 summit held in Hiroshima, Japan. The UK will allocate £32 billion over the next five years,…

The Swiss economy exceeded expectations with a stronger-than-expected growth rate in the first quarter of 2023, driven by robust domestic demand and increasing exports, according to the State Secretariat for Economic Affairs (SECO). Adjusted for…

Swedish fintech company Klarna has reported a significant improvement in its financial performance for the first quarter, with its net loss halving as a result of cost-cutting measures. The company recorded a net loss of…

HSBC, Europe's largest bank, is set to reveal a new name for the technology-focused bank it rescued earlier this year following the collapse of its US parent. Silicon Valley Bank UK (SVBUK) will be rebranded…