Tag: Target
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OakNorth reports nudge up in profits, delays net zero target by 10 years
OakNorth, the UK challenger lending bank, has reported anudge up in year-on-yearpre-tax profits in 2025 from £215m to £223m, helped by US growth. The SoftBank-backed bank, however, delayed its net zero target by ten years. OakNorth said itnow hopes to reach its net zero target in 2045, not 2035, as it set out in 2022. read more
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China cuts growth target to between 4.5 and 5%
China has set a growth target for GDP this year of between 4.5 and 5 per cent, the lowest range in decades, and maintained a higher fiscal deficit as leaders warned of growing “difficulties and challenges” in the economy. Announcing national economic targets for 2026, China’s Premier Li Qiang also said on Thursday that defence read more
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JPMorgan expands in Dubai to target medium-sized firms: report
JPMorgan has expanded in Dubai as part of a broader strategy to increase business with midcap companies in the Middle East, reported Reuters, citing an executive. The move challenges competitors such as Citigroup and builds on JPMorgan’s recent efforts to expand its coverage of midcap firms in Austria and Poland. London-based co-head of corporate banking read more
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Sotheby’s CEO Says Supply Is ‘Catching Up With Demand’ as Fall Auctions Target $1.4 Billion
Sotheby’s CEO Charles Stewart said the art market has entered a new phase this fall, with supply finally “catching up with the demand” after months of strong bidder activity. The comment, made recently to CNBC, comes as New York’s marquee auction houses prepare for sales expected to totalmore than $1.4 billion, a jump of roughly50 read more
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