InvestingVolkswagen to invest $193 bln over 5 years to hit EV targetMarch 14, 202375VW investing up to 15 bln euros in batteries, raw materialsTwo-thirds of 5-yr budget for electrification, digitalisationSoftware unit Cariad saw...
BankingAnalysis: The one pound rescue: inside the rush to save Silicon Valley Bank UKMarch 13, 202354LONDON, March 13 (Reuters) - The swift collapse of Silicon Valley Bank in the United States, the nation's biggest bank...
PensionFactbox: Which companies are affected by SVB collapse?March 13, 2023452March 13 (Reuters) - Startup-focused lender SVB Financial Group (SIVB.O) last week became the largest bank to fail since the...
CurrenciesDollar slides as Fed rate hike expectations slump on SVB collapseMarch 13, 202354NEW YORK/LONDON, March 13 (Reuters) - The dollar fell on Monday as markets bet the Federal Reserve will be less...
Stock MarketBiden pledges ‘whatever needed’ as banks feel force of SVB falloutMarch 13, 202376March 13 (Reuters) - U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis...
FundsBank stocks plunge resumes as SVB market turmoil continuesMarch 13, 202356LONDON/SINGAPORE, March 13 (Reuters) - Bank shares in Europe and Asia plunged on Monday as the United States' move to...
BankingEurope’s bank shares plunge, bonds rally despite SVB rescue effortMarch 13, 202353Europe's bank shares slump 6% in biggest fall in over a yearU.S. authorities act to stabilise banksMarkets speculate on less...
CurrenciesGalderma posts 2022 revenue growth ahead of planned IPOMarch 13, 2023712022 revenue growth up 13.9% to $3.8bn net salesCore earnings (EBITDA) up 14.5% to $791mExpects 6%-9% net sales growth 2023FRANKFURT,...
Stock MarketWorld markets set for aftershocks as SVB collapse ripples outMarch 12, 202359LONDON, March 12 (Reuters) - Markets were set for a bumpy ride this week as the fallout from collapsed startup-focused...
BankingUK races to minimise damage from Silicon Valley Bank collapseMarch 12, 202354Government working to protect customers from bank's collapseHunt says plan could help customers with cash flow issuesCompanies warn of 'existential...