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Citi predicts €2bn TUI cash call, cuts price target
TUI will need to raise €2bn (£1. 84bn) to strengthen its finances, Citi said as the bank cut its price target for the embattled holiday company.
JP Morgan to shift €200bn from UK to Germany - report
JP Morgan will become one of Germany's biggest banks when it moves about €200bn (£184bn) of assets from the UK to Frankfurt because of Brexit, Bloomberg reported.
Eurozone growth stalls as Covid-19 hits services - PMI
Eurozone business activity stalled in September as manufacturing growth was offset by weaker demand for services caused by rising Covid-19 infections and social distancing measures.
Sunak considers German-style wage support - reports
Chancellor Rishi Sunak is considering replacing his furlough programme with German-style wage subsidies as part of measures to help businesses through the resurgence of Covid-19, according to reports.
Manufacturing fuels rise in German business activity - PMI
German business activity increased in September driven by rising manufacturing production but growth slowed as activity weakened in the services sector.
Vodafone to test suppliers on diversity and environment
Vodafone said its suppliers would have to show their commitment to diversity, inclusion and the environment when tendering for new work as the telecoms company seeks to improve its social and environmental impact.
3i says Action retail business beats expectations
3i said results at its Action discount retail business beat expectations in the past three months as the private equity investor reported mixed trading at its other portfolio businesses.
PZ Cussons warns on outlook after good start to year
PZ Cussons said it had a good start to the current financial year but that it expected tougher trading with the UK and other markets in recession.