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Oil rises on demand hopes as banking crisis fears subside

Oil rises on demand hopes as banking crisis fears subside

By Florence Tan and Trixie Sher Li Yap SINGAPORE (Reuters) – Oil prices firmed on Friday after a meeting between Saudi Arabia an..

Headlines

RICH, Wanda · Mar 17, 2023 · 2 min read

UK drops plan to tax sovereign wealth funds

UK drops plan to tax sovereign wealth funds

LONDON (Reuters) – British finance minister Jeremy Hunt has dropped a plan to tax sovereign wealth funds investing in Britain, a..

Headlines

RICH, Wanda · Mar 17, 2023 · 0 min read

Citadel accelerates hiring push in Hong Kong and London

Citadel accelerates hiring push in Hong Kong and London

By Summer Zhen HONG KONG (Reuters) – Miami-based Citadel has kicked off 2023 with multiple senior hires in London and Hong Kong ..

Headlines

RICH, Wanda · Mar 17, 2023 · 1 min read

Microsoft unveils AI office copilot in fast-moving race with Google

Microsoft unveils AI office copilot in fast-moving race with Google

By Jeffrey Dastin (Reuters) -Microsoft Corp on Thursday trumpeted its latest plans to put artificial intelligence into the hands of mo..

Technology

RICH, Wanda · Mar 16, 2023 · 2 min read

Analysis-Investors stick to bets on early end to ECB hikes as uncertainty grows

Analysis-Investors stick to bets on early end to ECB hikes as uncertainty grows

By Yoruk Bahceli and Naomi Rovnick AMSTERDAM (Reuters) – Investors held tight to bets that banking jitters would rein in the ECB..

Headlines

RICH, Wanda · Mar 16, 2023 · 3 min read

Credit Suisse $54 billion lifeline offers limited respite to global banks

Credit Suisse $54 billion lifeline offers limited respite to global banks

By John Revill, Amanda Cooper and Tom Sims (Reuters) -Credit Suisse sought to shore up its liquidity and restore investor confidence o..

Headlines

RICH, Wanda · Mar 16, 2023 · 5 min read

Instant View: ECB sticks with big rate hike even as bank fears roil markets

Instant View: ECB sticks with big rate hike even as bank fears roil markets

(Reuters) – The European Central Bank pushed through another big increase in interest rates on Thursday, sticking with its quest..

Headlines

RICH, Wanda · Mar 16, 2023 · 5 min read

Oil prices steady as news of Saudi, Russia meeting calms investors

Oil prices steady as news of Saudi, Russia meeting calms investors

By Shariq Khan BENGALURU -Oil prices steadied on Thursday after dropping to near 15-month lows earlier in the session, supported by re..

Finance

RICH, Wanda · Mar 16, 2023 · 1 min read

Big ECB hike adds fuel to the banking sector fire

Big ECB hike adds fuel to the banking sector fire

By Joice Alves LONDON (Reuters) – Euro zone bank shares hit a ten-week low on Thursday after the European Central Bank (ECB) rai..

Headlines

RICH, Wanda · Mar 16, 2023 · 3 min read

Explainer-Credit Suisse: How did it get to crisis point?

Explainer-Credit Suisse: How did it get to crisis point?

By Anshuman Daga (Reuters) – Credit Suisse said on Thursday it would borrow up to $54 billion from the Swiss central bank to sho..

Finance

RICH, Wanda · Mar 16, 2023 · 2 min read