Global bank bonds claw back losses as markets rout eases
LONDON/SINGAPORE (Reuters) – An uneasy calm descended across battered bank bonds and shares on Tuesday, with prices recovering a..
Finance
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Global shares jump but bank ‘whack-a-mole’ not over
By Koh Gui Qing NEW YORK (Reuters) – Global shares jumped on Tuesday after the rescue of Credit Suisse stemmed a rout in equitie..
Finance
Telecom Italia in talks with unions on up to 2,000 job cuts in Italy
MILAN (Reuters) – Telecom Italia (TIM) is seeking to cut as many as 2,000 jobs in Italy through a voluntary early retirement sch..
Headlines
Screening of ‘Winnie the Pooh’ horror film cancelled in Hong Kong
By Jessie Pang and Farah Master HONG KONG (Reuters) -The screening of “Winnie the Pooh: Blood and Honey”, a British slashe..
Headlines
EXCLUSIVE-Olympics-Paris 2024 plans Games relay changes, fewer torches-source
BERLIN (Reuters) – Paris 2024 Olympic torchbearers may not all get to keep their torches as a cherished memento of the Games bec..
Headlines
Portuguese airline TAP swings to profit earlier than expected
LISBON (Reuters) – Portuguese airline TAP swung to a profit in 2022, earlier than expected in its restructuring plan, as rising ..
Headlines
Energy bill support pushes UK budget deficit to February record
By Andy Bruce and Sachin Ravikumar LONDON (Reuters) -Britain recorded the largest budget deficit for any February since at least 1993 ..
Headlines
KKR sells 50% stake in Spain’s X-elio to partner Brookfield
MADRID (Reuters) – U.S.-based buyout fund KKR has agreed to sell a 50% stake in Spanish renewable energy company X-elio to Canad..
Headlines
Maserati aims at driving margins higher before any spin-off talk
By Giulio Piovaccari MILAN (Reuters) – Maserati aims to increase its margin on operating profit to 15% in the next 12 months and..
Headlines
Dollar pauses for breath as Fed swings into focus
By Rae Wee SINGAPORE (Reuters) – The dollar steadied in a holiday-thinned Asia session on Tuesday, though it struggled to lift f..
Headlines
SSE to invest $122 million in Scottish pumped hydro project
LONDON (Reuters) – British power generator SSE will invest 100 million pounds ($122 million) in a Scottish pumped hydro scheme w..
Headlines
EU’s EIB to override Turkey lending ban with earthquake aid
By Marc Jones LONDON (Reuters) -The European Union’s lending arm, the European Investment Bank, is to temporarily override its n..
Headlines
U.S. oil exports to Europe hit record in March on steep discounts
By Arathy Somasekhar HOUSTON (Reuters) – U.S. crude exports to Europe have hit a record 2.1 million barrels per day on average s..
Headlines
Scratched EV battery? Your insurer may have to junk the whole car
By Nick Carey, Paul Lienert and Sarah McFarlane LONDON/DETROIT (Reuters) -For many electric vehicles, there is no way to repair or ass..
Technology
Bank shares rise after Credit Suisse rescue eases crisis
By Amanda Cooper and John Revill (Reuters) -U.S. banking stocks rose on Monday and Europe’s lenders recovered from a sharp early..
Headlines
Combatting cart abandonment and streamlining user friction with open banking payments
New data from the Government’s Office for National Statistics (ONS) reveals that consumer spending among Brits has held up well..
Finance
Microsoft unveils AI office copilot in fast-moving race with Google
By Jeffrey Dastin (Reuters) -Microsoft Corp on Thursday trumpeted its latest plans to put artificial intelligence into the hands of mo..
Technology
Analysis-Investors stick to bets on early end to ECB hikes as uncertainty grows
By Yoruk Bahceli and Naomi Rovnick AMSTERDAM (Reuters) – Investors held tight to bets that banking jitters would rein in the ECB..
Headlines
Credit Suisse $54 billion lifeline offers limited respite to global banks
By John Revill, Amanda Cooper and Tom Sims (Reuters) -Credit Suisse sought to shore up its liquidity and restore investor confidence o..
Headlines
Instant View: ECB sticks with big rate hike even as bank fears roil markets
(Reuters) – The European Central Bank pushed through another big increase in interest rates on Thursday, sticking with its quest..
Headlines
Oil prices steady as news of Saudi, Russia meeting calms investors
By Shariq Khan BENGALURU -Oil prices steadied on Thursday after dropping to near 15-month lows earlier in the session, supported by re..
Headlines
Big ECB hike adds fuel to the banking sector fire
By Joice Alves LONDON (Reuters) – Euro zone bank shares hit a ten-week low on Thursday after the European Central Bank (ECB) rai..
Headlines
Explainer-Credit Suisse: How did it get to crisis point?
By Anshuman Daga (Reuters) – Credit Suisse said on Thursday it would borrow up to $54 billion from the Swiss central bank to sho..
Finance
EU announces plans to lead green industrial revolution
By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission presented the centrepieces of a strategy on Thursday to ensure its in..
Headlines
Britain announces 205 million pound auction for renewable power projects
LONDON (Reuters) – Britain’s next auction round to spur renewable power projects will be worth about 205 million pounds ($247 mi..
Headlines
Arriello appoints experienced Pharmacovigilance expert, Sam Tomlinson as VP of Global Drug Safety
..
Wealth Creation
French inflation revised upwards in February to 7.3% – final figures
PARIS (Reuters) – French annual inflation rose to a revised 7.3% in February from 7.0% in January, partly as a result of higher ..
Headlines
Publisher Bloomsbury casts upbeat forecast, says books ‘affordable pastime’
(Reuters) -Bloomsbury Publishing Plc forecast full-year profit to be well ahead of expectations on Wednesday, encouraged by the robust..
Headlines
Burberry appoints McLaren’s Kate Ferry as CFO
LONDON (Reuters) – British luxury brand Burberry said on Wednesday it had appointed Kate Ferry as its next chief financial offic..
Headlines
Crown Agents Bank owner explores sale of British payments group –sources
By Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON (Reuters) – Helios Investment Partners has been working with advisers to sell ..
Headlines
Oil prices rebound after OPEC upgrades China demand outlook
By Yuka Obayashi and Florence Tan TOKYO (Reuters) – Oil prices rebounded more than 1% on Wednesday, recovering from the previous..
Headlines
Asian shares gain as fears about rapid Fed hikes, bank crisis fade
By Ankur Banerjee SINGAPORE (Reuters) – Asian equities rose sharply on Wednesday, tracking a relief rally on Wall Street and as ..
Headlines
KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT
(Reuters) – KPMG’s U.S. boss, Paul Knopp, said the accounting firm stood behind its audits of Silicon Valley Bank and Sign..
Headlines
NatWest limits customers’ crypto transfers, citing scam concerns
By Elizabeth Howcroft LONDON (Reuters) – Britain’s NatWest has imposed new limits on the daily and monthly amount customer..
Headlines
London fears losing luxury shoppers to Paris and Milan
By James Davey and Sarah Young LONDON (Reuters) – London’s luxury retailers fear the city is losing its pull as a shopping..
Headlines
Meta to cut 10,000 jobs in second round of layoffs
By Katie Paul and Nivedita Balu (Reuters) -Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs this year, making i..
Headlines
Global equities gain, as rising bond yields pressure gold
By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) – Global shares stemmed a five-session rout on Tuesday as bank sha..
Finance