Spanish bank Unicaja hit by new tax, weak mortgage lending in first quarter

By Jesús Aguado MADRID (Reuters) -Spanish bank Unicaja reported a 43% drop in first-quarter profit on Friday, hit by a new banking tax and a significant decline in new mortgage signings. Shares in Spain’s sixth biggest lender by assets tumbled 9.7% after the results, which showed lower loan volumes and higher provisions. The bank said …

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China flies combat drone around Taiwan; US Navy plane transits strait

TAIPEI (Reuters) -A Chinese uncrewed combat aircraft has flown around Taiwan, the island’s defence ministry said, showcasing Beijing’s ability to attack its fall-back east coast bases, as a U.S. maritime patrol aircraft transited the Taiwan Strait. China, which views democratically governed Taiwan as its own territory, has increased military pressure on the island over the …

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ProSieben kürzt Dividende – Aktie bricht fast 20 Prozent ein

Berlin (Reuters) – ProSiebenSat.1 übernimmt weitere Teile seiner angeschlagenen Tochter Jochen Schweizer und könnte mittelfristig das gesamte Geschäft schlucken. Man habe sich mit dem gemeinsamen US-Investor General Atlantic geeinigt, dessen Anteil an der Gutschein-Tochter für einen Euro zu übernehmen, sagte der Chef des bayerischen Fernsehkonzerns, Bert Habets, am Freitag. Somit halte ProSiebenSat.1 nun direkt 89,9 …

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French GDP edges up in first quarter despite strikes and high inflation

By Geert De Clercq PARIS (Reuters) -The French economy grew slightly in the first quarter, despite a series of strikes against the government’s pension reform bill, but inflation remained stubbornly high, rising to nearly six percent in April. Statistics agency INSEE data showed GDP edging up 0.2% in Q1, in line with expectations, after a …

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Wie Brüssel die europäischen Schuldenregeln ändern will

– von Christian Krämer Berlin (Reuters) – Nächstes Jahr sollen – eigentlich – die bereits seit 2020 ausgesetzten europäischen Schuldenregeln wieder greifen. Dann würde es unangenehm für viele EU-Staaten werden, deren ohnehin schon hohen Schulden in der Corona-Pandemie nach oben geschossen sind. Was also tun? Die EU-Kommission hat diese Woche ihre Pläne vorgestellt. Sie will …

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Baosteel expects China’s 2023 steel output flat to lower vs last year

BEIJING (Reuters) – China’s biggest listed steelmaker, Baoshan Iron & Steel Co, expects the country’s 2023 crude steel output to be flat or slightly lower than last year, an executive said on Friday, in line with broader market expectations. China’s huge steel market is waiting for official confirmation that Beijing will continue a mandate started …

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