BAWAG Group reported a net profit of €232 million in Q1 2026, achieving a 28% return on tangible common equity. The bank showed strong operating performance with core revenues of €579 million, pre-provision profits of €391 million, and a cost-to-income ratio of 33%. Risk costs remained low at €65 million, with a risk/cost ratio of 46 basis points and a non-performing loan ratio of just 80 basis points, reflecting solid credit quality. This performance highlights the success of BAWAG's investments in expanding its pan-European and U.S. banking operations.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Allied Critical Metals announced positive assay results from its 2026 drilling campaign at the Santa Helena Breccia, part of the Borralha Tungsten Project in Portugal. The first drill hole confirmed broad zones of high-grade tungsten mineralization, ...
XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...
Revolut has received preliminary approval from Dubai's Virtual Assets Regulatory Authority to offer cryptocurrency services in the UAE, including broker-dealer, asset management, and exchange functions. This approval allows UAE customers to trade and...
Gold and silver prices are under pressure ahead of key U.S. retail sales data that could influence Federal Reserve interest rate decisions. Central banks, led by Poland and China, continue to boost gold reserves, adding 41 tonnes in May, supporting l...
