Bitcoin falls 4.5% to $26,916
(Reuters) – Bitcoin dropped 4.5% to $26,916 at 20:07 GMT on Wednesday, losing $1,276 from its previous close. Bitcoin, the world..
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Inflation boosts Jeronimo Martins’ Q4 profit but dents margins
LISBON (Reuters) – Portugal’s second-largest retailer Jeronimo Martins on Wednesday posted a 23% jump in fourth-quarter ne..
NEWS
Exclusive-Ardian explores taking Italian tower operator INWIT private-sources
By Milana Vinn and Amy-Jo Crowley (Reuters) – French investment firm Ardian is in the early stages of exploring a bid for Italy&..
NEWS
Dollar falls after Fed raises rates, forecasts future hike
By Hannah Lang WASHINGTON (Reuters) – The dollar was lower on Wednesday following the U.S. Federal Reserve’s decision to r..
NEWS
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 Wednesday as the dollar slid to a six-week low af..
NEWS
Security-Backed Mortgages – Essential Tips and Guidance
Security-backed mortgages require the borrower to pledge liquid securities as security for a loan. Equities, investment funds, bonds a..
FINANCE
5 Annuity Tips to Know for 2023 Retirement Planning
How long do you plan to live? That might sound like a blunt question, but when you’re planning your retirement savings, it’s unavoidab..
FINANCE
How Parents Can Help Students Manage their Finances
One of the most important jobs of any parent is to prepare their child for the challenges they’re going to face in life. Getting your ..
FINANCE
Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown
By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as the w..
FINANCE
Fed in spotlight with US focus on stability, First Republic
By Nupur Anand, Andrea Shalal and Balazs Koranyi (Reuters) – U.S. authorities are set to explore ways to bolster financial stabi..
NEWS
impact.com Appoints New Chief People Officer to Lead People Growth and Excellence
Michelle Denman brings over 30 years of world-class employee success expertise to the partnership management technology leader as the ..
NEWS
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 million euros ($140 million) in its Eisenach assembl..
NEWS
Crop merchant Louis Dreyfus gets profit boost in volatile year
By Gus Trompiz PARIS (Reuters) -Louis Dreyfus Company (LDC) on Wednesday reported a 44% jump in 2022 net profit, joining other global ..
NEWS
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 not have a knock-on effect on commodities, global ..
NEWS
Britain’s Superdry sells Asia Pacific IP for $50 million
LONDON (Reuters) – Struggling British fashion brand Superdry has sold its intellectual property assets in much of the Asia Pacif..
NEWS
UK inflation rate unexpectedly rises to 10.4% in February
By William Schomberg and David Milliken LONDON (Reuters) – British inflation unexpectedly rose to 10.4% in February, pushed up b..
NEWS
Syngenta 4Q profit falls as raw material prices increase
ZURICH (Reuters) – Swiss agrichemicals and seeds group Syngenta on Wednesday reported a 25% drop in fourth quarter earnings due ..
NEWS
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 about 12 hours still to go before the Fed announces it..
NEWS
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 hopes for more access to its airports on Tuesday, wit..
NEWS
UK employers see slight fall in pay awards over 2023 – XpertHR
By Suban Abdulla LONDON (Reuters) – British employers expect pay settlements over 2023 as a whole to average 5%, down slightly f..
NEWS
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 leaving to start a company that aims to loosen longtim..
NEWS
Some Credit Suisse AT1 bondholders seek legal advice -law firms
By Laura Matthews and Chiara Elisei (Reuters) -Law firm Pallas Partners and a Swiss counsel are working on possible legal action for s..
NEWS
Global bank bonds claw back losses as markets rout eases
LONDON/SINGAPORE (Reuters) – An uneasy calm descended across battered bank bonds and shares on Tuesday, with prices recovering a..
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 rescue of Credit Suisse stemmed a rout in equitie..
INVESTING
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 in Italy through a voluntary early retirement sch..
NEWS
Screening of ‘Winnie the Pooh’ horror film cancelled in Hong Kong
By Jessie Pang and Farah Master HONG KONG (Reuters) -The screening of “Winnie the Pooh: Blood and Honey”, a British slashe..
NEWS
EXCLUSIVE-Olympics-Paris 2024 plans Games relay changes, fewer torches-source
BERLIN (Reuters) – Paris 2024 Olympic torchbearers may not all get to keep their torches as a cherished memento of the Games bec..
NEWS
Portuguese airline TAP swings to profit earlier than expected
LISBON (Reuters) – Portuguese airline TAP swung to a profit in 2022, earlier than expected in its restructuring plan, as rising ..
NEWS
Energy bill support pushes UK budget deficit to February record
By Andy Bruce and Sachin Ravikumar LONDON (Reuters) -Britain recorded the largest budget deficit for any February since at least 1993 ..
NEWS
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 in Spanish renewable energy company X-elio to Canad..
NEWS
Maserati aims at driving margins higher before any spin-off talk
By Giulio Piovaccari MILAN (Reuters) – Maserati aims to increase its margin on operating profit to 15% in the next 12 months and..
NEWS
Dollar pauses for breath as Fed swings into focus
By Rae Wee SINGAPORE (Reuters) – The dollar steadied in a holiday-thinned Asia session on Tuesday, though it struggled to lift f..
NEWS
SSE to invest $122 million in Scottish pumped hydro project
LONDON (Reuters) – British power generator SSE will invest 100 million pounds ($122 million) in a Scottish pumped hydro scheme w..
NEWS
EU’s EIB to override Turkey lending ban with earthquake aid
By Marc Jones LONDON (Reuters) -The European Union’s lending arm, the European Investment Bank, is to temporarily override its n..
NEWS
U.S. oil exports to Europe hit record in March on steep discounts
By Arathy Somasekhar HOUSTON (Reuters) – U.S. crude exports to Europe have hit a record 2.1 million barrels per day on average s..
NEWS
Scratched EV battery? Your insurer may have to junk the whole car
By Nick Carey, Paul Lienert and Sarah McFarlane LONDON/DETROIT (Reuters) -For many electric vehicles, there is no way to repair or ass..
TECHNOLOGY
Bank shares rise after Credit Suisse rescue eases crisis
By Amanda Cooper and John Revill (Reuters) -U.S. banking stocks rose on Monday and Europe’s lenders recovered from a sharp early..
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