Finance

Image for Trading Day: Respite, but for how long?

Finance

Trading Day: Respite, but for How Long?

Image for Amazon cuts more jobs; this time in robotics unit

Finance

Amazon Cuts More Jobs; This Time in Robotics Unit

Image for Citi lifts aluminium 0–3 month target to $3,600 per metric ton

Finance

Citi Lifts Aluminium 0–3 Month Target to $3,600 per Metric Ton

Image for US diesel hits $4 per gallon as fuel costs rise amid escalating Middle East conflict

Finance

US Diesel Hits $4 per Gallon as Fuel Costs Rise Amid Escalating Middle East Conflict

Image for Dollar funding stress eases as Middle East conflict de-escalation hopes rise

Dollar Funding Stress Eases as Middle East Conflict De-Escalation Hopes Rise

Date: March 4, 2026

By Saqib Iqbal Ahmed NEW YORK, March 4 (Reuters) - A gauge of dollar-funding stress eased on Wednesday amid rising hopes that the Middle East conflict may prove shorter lived than initially feared, a...

Image for Santander's exposure to failed lender MFS is over $267 million, Bloomberg News reports

Santander's Exposure to Failed Lender Mfs Is Over $267 Million, Bloomberg News Reports

Date: March 4, 2026

March 4 (Reuters) - Banco Santander is owed between 200 million pounds ($267 million) and 300 million pounds by a company tied to Market Financial Solutions, a UK mortgage lender that collapsed last...

Image for Monte dei Paschi board votes to oust CEO Lovaglio, sources says

Monte Dei Paschi Board Votes to Oust CEO Lovaglio, Sources Says

Date: March 4, 2026

MILAN, March 4 (Reuters) - The board of Monte dei Paschi di Siena on Wednesday voted against keeping CEO Luigi Lovaglio in the job after his mandate ends in April, two people with knowledge of the...

Image for London marine insurers still offering Middle East cover as war risk rates rise, Gallagher says

London Marine Insurers Still Offering Middle East Cover as War Risk Rates Rise, Gallagher Says

Date: March 4, 2026

By Noor Zainab Hussain and Manya Saini March 4 (Reuters) - Marine insurers in the London market continue to offer cover in the Middle East, despite rising war risk premiums driven by escalating...

Image for MSC announces emergency fuel surcharge on some trade routes

Msc Announces Emergency Fuel Surcharge on Some Trade Routes

Date: March 4, 2026

March 4 (Reuters) - MSC said on Wednesday it was imposing an emergency fuel surcharge on some trade routes, effective March 16. The surcharge will be effective on trade routes between Europe and...

Image for KPMG picks former Australia head Wingrove as global CEO, FT reports

Kpmg Picks Former Australia Head Wingrove as Global Ceo, Ft Reports

Date: March 4, 2026

March 4 (Reuters) - Big Four accounting firm KPMG has named its former Australia head, Gary Wingrove, as its next global chief executive, the Financial Times reported on Wednesday, citing people...