top-stories
Top Stories
Swiss franc grapples with safe-haven identity crisis after Credit Suisse
Top Stories
StanChart CEO says AT1 bond wipeout has profound impact
Top Stories
UK consumer mood hits one-year high, but financial gloom persists
Top Stories
Tourists to get chance to walk in King Charles’ coronation footsteps
Denmark invites Nord Stream operator to help salvage unidentified object
Date: March 24, 2023
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Denmark on Thursday invited the Russian-controlled operator of the Nord Stream 2 pipeline to help salvage an unidentified object found close to the only remaining intact gas pipeline under the Baltic Sea. Three explosions last September on the Nord Stream pipelines built to deliver Russian gas to Germany have...
Finnish businessman Zilliacus ready to pay premium for Manchester United
Date: March 24, 2023
By Akash Sriram (Reuters) – Finnish entrepreneur Thomas Zilliacus has placed a bid for Manchester United and is willing to pay a premium for the English soccer club, the former Nokia executive told Reuters on Thursday. A small portion of the club’s shares is listed on the New York Stock Exchange. The market capitalization was...
Virgin Orbit says space startup in talks with potential investors
Date: March 24, 2023
(Reuters) – Billionaire Richard Branson’s cash-strapped satellite launch company Virgin Orbit Holdings said on Thursday it is in talks with “interested parties” about an investment in the company. Reuters reported on Wednesday that Texas venture capital investor Matthew Brown was nearing a deal to invest $200 million in the space startup via a private share...
Stocks up, bond yields fall as markets mull a Fed policy pause
Date: March 23, 2023
By Koh Gui Qing NEW YORK (Reuters) – Wall Street stocks jumped on Thursday, pushing up global stock indexes, and Treasury yields fell, after investors took comfort that the Federal Reserve might pause its interest rate rises to offset the turmoil in financial markets. The gains in U.S stocks offset loses in Europe, where a...
Central banks keep hiking rates amid banking turmoil
Date: March 23, 2023
By David Milliken, John Revill and Aniruddha Ghosh (Reuters) – The Bank of England on Thursday followed the Federal Reserve and the Swiss National Bank in ploughing on with interest rates hikes, saying the UK banking sector was strong enough to withstand the instability that rippled through markets this month. Relentless rate hikes to rein...
New York holds top spot, London second in Z/Yen financial centre survey
Date: March 23, 2023
LONDON (Reuters) – New York kept the top spot in the latest rankings of global financial centres from Z/Yen Group on Thursday, with London and Singapore also unchanged in second and third place. New York overtook London to head the table in September 2018 — two years after Britain voted to leave the European Union...