BankingMajor US banks inject $30 bln to rescue First Republic BankMarch 16, 2023185March 16 (Reuters) - Large U.S. banks injected $30 billion into First Republic Bank (FRC.N) on Thursday, swooping in to...
BankingGlobal shares gain, Wall Street shoots higher on reports of First Republic rescueMarch 16, 202354NEW YORK/LONDON, March 16 (Reuters) - Major Wall Street indexes jumped on Thursday on reports that a large group of...
CurrenciesU.S. weekly jobless claims fall; housing finding bottomMarch 16, 202338Weekly jobless claims drop 20,000 to 192,000Continuing claims decrease 29,000 to 1.684 millionSingle-family housing starts increase 1.1% in FebruaryImport prices...
BankingAmid bank strains, Democrats and Republicans spar over U.S. budgetMarch 15, 202363WASHINGTON, March 15 (Reuters) - The U.S. Senate Budget Committee debated Democratic President Joe Biden's $6.8 trillion budget proposal on...
CurrenciesCredit Suisse woes knock European currencies, UK budget in focusMarch 15, 202372LONDON, March 15 (Reuters) - European currencies fell sharply on Wednesday after Credit Suisse's tumble to a new low renewed...
Stock MarketCredit Suisse leads Europe bank stock rout after short-lived SVB respiteMarch 15, 202349March 15 (Reuters) - Europe's bank stocks came under pressure again on Wednesday, with Credit Suisse (CSGN.S) tumbling to a...
BankingBruised U.S. bank stocks shake off initial SVB contagion fearsMarch 14, 202367March 14 (Reuters) - U.S. bank stocks jumped on Tuesday, recovering some ground after the failure of Silicon Valley Bank...
BankingEU lawmakers approve CO2-cutting targets and expanding forest carbon sinksMarch 14, 202373BRUSSELS, March 14 (Reuters) - The European Parliament gave its final approval on Tuesday to tougher national targets to cut...
InvestingVolkswagen to invest $193 bln over 5 years to hit EV targetMarch 14, 202374VW investing up to 15 bln euros in batteries, raw materialsTwo-thirds of 5-yr budget for electrification, digitalisationSoftware unit Cariad saw...
BankingAnalysis: Russian sanctions shift oil price-making power to Asia from EuropeMarch 14, 202352India, China biggest winnersSome analysts say an end to Ukraine war could reverse shiftAsian premium has narrowed beforeLONDON, March 14...