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Global banking regulators target mismanagement in handling risks from clients
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Bank of England tweaks lifetime loss estimate for QE programme
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Coca-Cola bets on pricey sodas, international demand to lift annual sales forecast
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Analysts cut EU carbon price forecasts on 2023 emission slump
Oil down on Middle East talks while investors await Fed meeting
Date: April 30, 2024
Oil down on Middle East talks while investors await Fed meeting By Noah Browning and Deep Kaushik Vakil LONDON (Reuters) -Oil edged lower on Tuesday after U.S. data showed healthy crude output and exports, extending losses prompted on Monday by hopes of an Israel-Hamas ceasefire, while investors await signals on U.S. interest rates from the...
Germany’s struggle to clean up its supply chains has lessons for Europe
Date: April 30, 2024
Germany’s struggle to clean up its supply chains has lessons for Europe By Maria Martinez and Riham Alkousaa BERLIN (Reuters) – German engineering company BAUCH makes machines and engine components out of materials mined in China, Africa or South America that pass through multiple hands and processes before they reach its factories in southern Germany...
Smiling King Charles visits cancer centre on his return to public duties
Date: April 30, 2024
Smiling King Charles visits cancer centre on his return to public duties LONDON (Reuters) -A smiling and healthy-looking King Charles returned to public duties on Tuesday for the first time since he was diagnosed in February with cancer, paying a visit to a treatment centre for the disease in London. Buckingham Palace announced on Friday...
Satellite firm SES to buy Intelsat for $3.1 billion, debt concerns sink shares
Date: April 30, 2024
Satellite firm SES to buy Intelsat for $3.1 billion, debt concerns sink shares By Olivier Sorgho (Reuters) – Satellite company SES has agreed to buy Intelsat Holdings for $3.1 billion in a deal that would create a major European player but raised investor concerns around debt, sending the buyer’s shares to a record low. European...
Cryptoverse: TON takes off on Telegram tie-up
Date: April 30, 2024
Cryptoverse: TON takes off on Telegram tie-up By Elizabeth Howcroft (Reuters) – A coin called TON has leapt in value in recent months, with investors betting its integration with messenger service Telegram could bring the cryptocurrency to the app’s estimated 900 million users. Telegram endorsed TON in September last year, saying the blockchain and associated...
Quotes: HSBC Chief Executive Quinn announces surprise retirement
Date: April 30, 2024
Quotes: HSBC Chief Executive Quinn announces surprise retirement (Reuters) – HSBC said on Tuesday its Chief Executive Noel Quinn will retire – a surprise departure by its hard-nosed leader of five years who has overseen a sweeping series of asset sales across the globe. Following are the reactions to the retirement: SIMON YUEN, FOUNDER, SURICH...