ZURICH (Reuters) - Switzerland's lower house of parliament late on Wednesday clearly passed a motion to make senior management of a major bank return half their income over the previous decade if the lender has to be rescued with public money. The measure, which still needs to be debated in the upper house, comes a year after Switzerland provided billions...

March 14 (Reuters) - Elbe Bidco has launched a takeover offer for German electricity and energy producer Encavis , the company said on Thursday, confirming previous talks. Elbe Bidco, a company owned by private equity firm KKR , is to offer a cash consideration of 17.50 euros ($19.13) per Encavis share. The management board and supervisory board of Encavis have...

LONDON, March 14 (Reuters) - Anheuser-Busch InBev's shares were suspended from trading on Thursday pending the publication of a press release, Belgium's Financial Services and Markets Authority (FSMA) said without elaborating. The news comes after U.S. cigarette maker Altria ( MO ) said on Wednesday it would cut its around 10% stake in AB InBev, the world's largest brewer, selling...

04:10 AM EDT, 03/14/2024 (MT Newswires) -- RTX's (RTX) Collins Aerospace subsidiary said late Wednesday it has delivered the first aircraft seats produced at its facility in the Philippines to Airbus. Collins' Meridian main cabin seats are part of Airbus' narrow body platform, it said. The Philippine facility is anticipated to triple its seating assembly capacity throughout 2024. Price: 90.7,...