CurrenciesGalderma posts 2022 revenue growth ahead of planned IPOMarch 13, 20231542022 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, 2023160LONDON, March 12 (Reuters) - Markets were set for a bumpy ride this week as the fallout from collapsed startup-focused...
BankingUS marshalling ‘material action’ to stem SVB fallout -sourcesMarch 12, 2023944NEW YORK, March 12 (Reuters) - U.S. authorities were preparing "material action" on Sunday to shore up deposits in Silicon...
PensionFrance faces another day of nationwide protests against Macron’s pension plansMarch 11, 2023209PARIS, March 11 (Reuters) - France faced a seventh day of demonstrations on Saturday against President Emmanuel Macron's unpopular pension...
FinanceSilicon Valley Bank is largest failure since 2008 crisis, billions strandedMarch 11, 2023392California regulator closes SVB, appoints FDIC as receiverSVB focused on lending to start-ups; branches to reopen MondayFDIC to sell bank...
CurrenciesDollar weakens after U.S. jobs data suggests slower rate hike pathMarch 10, 2023147NEW YORK, March 10 (Reuters) - The dollar weakened on Friday after U.S. labor data for February showed slower wage...
PensionSpain’s coalition government strikes deal on pensions, shifting cost to high earnersMarch 10, 2023190MADRID, March 10 (Reuters) - Spain's Socialists and their junior coalition partners Unidas Podemos have struck a deal on changes...
BankingEurope’s lenders sucked into global banks routMarch 10, 2023267Europe's banks suffer worst day in nine monthsSelloff began in U.S. after tech lender SVB's capital raiseLONDON/FRANKFURT, March 10 (Reuters)...
BankingMorning Bid: Jumpy around jobsMarch 10, 2023164A look at the day ahead in European and global markets from Vidya RanganathanFed Chairman Jerome Powell has made sure...
BankingLithuania aims to raise $539 mln from temporary windfall tax on banksMarch 9, 2023169VILNIUS, March 9 (Reuters) - Lithuania's finance minister proposed on Thursday a temporary windfall tax on bank profits, aiming to...