Business
Deutsche Bank and UBS shares hit as banking fears keep tight grip
By Sruthi Shankar and Amanda Cooper (Reuters) – Banking stocks fell sharply in Europe on Friday with heavyweights Deutsche Bank and UBS…
Business
Nervousness over banks sends euro 1% lower despite PMI
By Joice Alves LONDON (Reuters) – The euro fell sharply against a strengthening dollar on Friday amid nervousness over banks, with better-than…
Business
Exclusive-Citizens Financial eyes bid for SVB’s private bank – sources
By David French and Saeed Azhar NEW YORK (Reuters) – Citizens Financial Group Inc is working on a bid to acquire the…
Business
Factbox-Why a broad US TikTok ban is unlikely to take effect soon
(Reuters) – A recent ban of TikTok use on U.S. government-owned devices, coupled with new legislation in Congress seeking to block the…
Business
TikTok attacked for China ties as US lawmakers push for ban
By David Shepardson, Rami Ayyub WASHINGTON (Reuters) -U.S. lawmakers on Thursday battered TikTok’s chief executive about potential Chinese influence over the platform…
Business
Credit Suisse, UBS among banks facing US’s Russia-sanctions probe -Bloomberg News
(Reuters) -Credit Suisse AG and UBS group AG are under scrutiny in a U.S. Department of Justice (DOJ) probe into whether financial…
Business
Central bank tests spur global instant payment hopes
LONDON (Reuters) – A year of tests run by central banks in Italy, Malaysia and Singapore have spurred hopes for a global…
Business
VW top shareholder aims to reduce net debt by up to 16% by year-end
BERLIN (Reuters) -Volkswagen anchor investor Porsche SE on Thursday said it aimed to reduce its net debt by up to 16% by…
Business
Toshiba board accepts Japan Industrial Partners buyout proposal -source
By Makiko Yamazaki TOKYO (Reuters) – Toshiba Corp’s board on Thursday accepted a buyout offer from a group led by private equity…
Business
FTX reaches deal to recover over $400 million from hedge fund Modulo
By Dietrich Knauth (Reuters) – Bankrupt crypto exchange FTX has reached a deal to recover more than $400 million in cash from…