financial crisis

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Image for Nestle closes French Buitoni factory hit by E.coli outbreak
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Nestle closes French Buitoni factory hit by E.coli outbreak

PARIS (Reuters) – Swiss packaged-food giant Nestle is closing a frozen-pizza factory in northern Fra...

30th March, 2023

Image for Ericsson’s board rebuked by shareholders at AGM for second year in a row
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Ericsson’s board rebuked by shareholders at AGM for second year in a row

STOCKHOLM (Reuters) – Ericsson shareholders voted against discharging the CEO and most of the board...

30th March, 2023

Image for Banking turmoil means recession fears are creeping back
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Banking turmoil means recession fears are creeping back

(Reuters) – The failures of U.S. lenders Silicon Valley Bank (SVB) and Signature Bank, followed by C...

29th March, 2023

Image for Explainer-What are credit default swaps and why are they causing trouble for Europe’s banks?
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Explainer-What are credit default swaps and why are they causing trouble for Europe’s banks?

By Amanda Cooper LONDON (Reuters) – Turbulence in Europe’s banks following the implosion of 167-year...

29th March, 2023

Image for Stocks rise after bank sale fuels investor risk appetite
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Stocks rise after bank sale fuels investor risk appetite

By Amanda Cooper LONDON (Reuters) -Global stocks rose and the dollar eased on Tuesday, after a deal...

28th March, 2023

Image for Hungary’s booming wedding market doused by soaring inflation
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Hungary’s booming wedding market doused by soaring inflation

By Gergely Szakacs and Krisztina Fenyo BUDAPEST (Reuters) – Soaring inflation is taking the steam ou...

27th March, 2023

Image for Marketmind: Banks are leaking money
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Marketmind: Banks are leaking money

A look at the day ahead in European and global markets from Wayne Cole It’s been a quiet Monday so f...

27th March, 2023

Image for How the 2023 banking crisis unfolded
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How the 2023 banking crisis unfolded

(Reuters) – Global banks are staring at the biggest crisis since 2008 after two U.S. lenders collaps...

24th March, 2023

Image for Dollar outshines euro, sterling amid European bank jitters
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Dollar outshines euro, sterling amid European bank jitters

By Hannah Lang WASHINGTON (Reuters) – The euro and sterling fell sharply against a strengthening dol...

24th March, 2023

Image for Swiss franc grapples with safe-haven identity crisis after Credit Suisse
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Swiss franc grapples with safe-haven identity crisis after Credit Suisse

By Samuel Indyk LONDON (Reuters) – The Swiss franc hasn’t lived up to its safe-haven reputation duri...

24th March, 2023

Image for StanChart CEO says AT1 bond wipeout has profound impact
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StanChart CEO says AT1 bond wipeout has profound impact

By Selena Li HONG KONG (Reuters) -Standard Chartered Chief Executive Bill Winters said on Friday Cre...

24th March, 2023

Image for Central banks keep hiking rates amid banking turmoil
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Central banks keep hiking rates amid banking turmoil

By David Milliken, John Revill and Aniruddha Ghosh (Reuters) – The Bank of England on Thursday follo...

23rd March, 2023