FinanceSilicon Valley Bank is largest failure since 2008 crisis, billions strandedMarch 11, 202364California 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, 202345NEW YORK, March 10 (Reuters) - The dollar weakened on Friday after U.S. labor data for February showed slower wage...
BankingEurope’s lenders sucked into global banks routMarch 10, 202367Europe's banks suffer worst day in nine monthsSelloff began in U.S. after tech lender SVB's capital raiseLONDON/FRANKFURT, March 10 (Reuters)...
CurrenciesPuma expects margin pressures to persist in 2023March 1, 202363Sees 2023 EBIT at 590 mln-670 mln eurosFY EBIT up 15% to 641 mln euros (analyst: 644 mln)Q4 gross profit...
BankingAnalysis: Boom in European bank earnings hints at a rally with legsFebruary 23, 202358Financials earnings growth rate surges almost 45%STOXX banks climbs to 5-year highUniCredit shares up a whopping 35% YTDHSBC, SocGen express...
BankingHSBC shares slide as it fails to raise key target despite profit surgeFebruary 21, 202355Q4 pretax profit $5.2 bln, beats analyst estimatesReturn on equity target not raised, Hong Kong shares drop 2.1%Special $0.21/share dividend...
BankingChina Renaissance shares plunge after investment bank says chairman unreachableFebruary 17, 202368SYDNEY, Feb 17 (Reuters) - China Renaissance Holdings Ltd (1911.HK) saw its shares plummet by as much as 50% on...
EconomyIndian shares rise on IT boost, strong U.S. dataFebruary 16, 202372BENGALURU, Feb 16 (Reuters) - Indian shares closed higher on Thursday, helped by information technology stocks, as robust U.S. retail...
CurrenciesShares mixed in volatile market after U.S. inflation dataFebruary 14, 202351U.S. inflation eased in Jan, but not as fast as expectedStock, currency, Treasury trading volatileOil futures fall after reserve release...
Stock MarketEuroGroup Laminations pares early gains in Milan stock market debutFebruary 10, 202347MILAN/LONDON, Feb 10 (Reuters) - Shares in Italy's EuroGroup Laminations , a maker of components for electric motors, jumped as...