Swiss National Bank raises rates, says bank crisis stopped
By John Revill ZURICH (Reuters) -The Swiss National Bank raised its benchmark intere..
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HSBC appoints new markets head amid wider investment bank reshuffle
By Lawrence White LONDON (Reuters) – HSBC has appointed Patrick George as head..
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Zur Rose delays profitability break-even to 2024
By Anastasiia Kozlova and Tristan Chabba (Reuters) – Swiss online drug retaile..
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Lloyd’s of London swings to 2022 pre-tax loss
FRANKFURT (Reuters) – Lloyd’s of London swung to a pre-tax loss in 2022 ..
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Oil spills and near misses: more ghost tankers ship sanctioned fuel
By Jonathan Saul LONDON (Reuters) – An oil tanker runs aground off eastern Chi..
News
Oil dips after Fed comments, US crude stock build
By Stephanie Kelly and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices fell on Thursday ..
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Bitcoin falls 4.5% to $26,916
(Reuters) – Bitcoin dropped 4.5% to $26,916 at 20:07 GMT on Wednesday, losing ..
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Inflation boosts Jeronimo Martins’ Q4 profit but dents margins
LISBON (Reuters) – Portugal’s second-largest retailer Jeronimo Martins o..
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Exclusive-Ardian explores taking Italian tower operator INWIT private-sources
By Milana Vinn and Amy-Jo Crowley (Reuters) – French investment firm Ardian is..
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JLL Acquires Scruffy Bear Pictures As Part of Ambitious Growth Plans for 2023
The acquisition will allow JLL to further support client’s needs within the ..
Business
Dollar falls after Fed raises rates, forecasts future hike
By Hannah Lang WASHINGTON (Reuters) – The dollar was lower on Wednesday follow..
Finance
Oil up 2% as dollar weakens on small US Fed rate hike
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 2% to a one-week high on..
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Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown
By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a seriou..
Finance
Fed in spotlight with US focus on stability, First Republic
By Nupur Anand, Andrea Shalal and Balazs Koranyi (Reuters) – U.S. authorities ..
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Stellantis to invest 130 million euros in German plant for new Opel electric car
MILAN (Reuters) – Carmaker Stellantis said on Wednesday it would invest 130 mi..
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Crop merchant Louis Dreyfus gets profit boost in volatile year
By Gus Trompiz PARIS (Reuters) -Louis Dreyfus Company (LDC) on Wednesday reported a ..
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Banking turmoil will not have knock-on effect on commodities -Trafigura CFO
By Julia Payne LAUSANNE, Switzerland (Reuters) -The recent rout in bank shares will ..
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Britain’s Superdry sells Asia Pacific IP for $50 million
LONDON (Reuters) – Struggling British fashion brand Superdry has sold its inte..
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UK inflation rate unexpectedly rises to 10.4% in February
By William Schomberg and David Milliken LONDON (Reuters) – British inflation u..
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Syngenta 4Q profit falls as raw material prices increase
ZURICH (Reuters) – Swiss agrichemicals and seeds group Syngenta on Wednesday r..
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Jittery markets attempt risk-on rally while waiting for Powell
A look at the day ahead in European and global markets from Ankur Banerjee With abou..
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India resists calls for more air access in drive to be global aviation force
By Aditi Shah and Tim Hepher NEW DELHI (Reuters) -India dampened foreign airline hop..
News
UK employers see slight fall in pay awards over 2023 – XpertHR
By Suban Abdulla LONDON (Reuters) – British employers expect pay settlements o..
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Departing Intel exec to focus on loosening Nvidia’s grip on AI for movies, games
By Stephen Nellis (Reuters) -Raja Koduri, the chief architect at Intel Corp, is leav..
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Some Credit Suisse AT1 bondholders seek legal advice -law firms
By Laura Matthews and Chiara Elisei (Reuters) -Law firm Pallas Partners and a Swiss ..
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Check Point Software Technologies Introduces Infinity Global Services for End-to-End Cyber Resilience
The new service offering from Check Point enhances cybersecurity practices an..
Technology
Global bank bonds claw back losses as markets rout eases
LONDON/SINGAPORE (Reuters) – An uneasy calm descended across battered bank bon..
Finance
Global shares jump but bank ‘whack-a-mole’ not over
By Koh Gui Qing NEW YORK (Reuters) – Global shares jumped on Tuesday after the..
Investment
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..
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Screening of ‘Winnie the Pooh’ horror film cancelled in Hong Kong
By Jessie Pang and Farah Master HONG KONG (Reuters) -The screening of “Winnie ..
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EXCLUSIVE-Olympics-Paris 2024 plans Games relay changes, fewer torches-source
BERLIN (Reuters) – Paris 2024 Olympic torchbearers may not all get to keep the..
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Portuguese airline TAP swings to profit earlier than expected
LISBON (Reuters) – Portuguese airline TAP swung to a profit in 2022, earlier t..
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Energy bill support pushes UK budget deficit to February record
By Andy Bruce and Sachin Ravikumar LONDON (Reuters) -Britain recorded the largest bu..
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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 i..
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Maserati aims at driving margins higher before any spin-off talk
By Giulio Piovaccari MILAN (Reuters) – Maserati aims to increase its margin on..
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Dollar pauses for breath as Fed swings into focus
By Rae Wee SINGAPORE (Reuters) – The dollar steadied in a holiday-thinned Asia..
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SSE to invest $122 million in Scottish pumped hydro project
LONDON (Reuters) – British power generator SSE will invest 100 million pounds ..
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