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Asian shares gain as fears about rapid Fed hikes, bank crisis fade

Asian shares gain as fears about rapid Fed hikes, bank crisis fade

By Ankur Banerjee SINGAPORE (Reuters) – Asian equities rose sharply on Wednesday, tracking a relief rally on Wall Street and as ..

Headlines

RICH, Wanda · Mar 15, 2023 · 3 min read

KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT

KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT

(Reuters) – KPMG’s U.S. boss, Paul Knopp, said the accounting firm stood behind its audits of Silicon Valley Bank and Sign..

Headlines

RICH, Wanda · Mar 15, 2023 · 1 min read

NatWest limits customers’ crypto transfers, citing scam concerns

NatWest limits customers’ crypto transfers, citing scam concerns

By Elizabeth Howcroft LONDON (Reuters) – Britain’s NatWest has imposed new limits on the daily and monthly amount customer..

Headlines

RICH, Wanda · Mar 15, 2023 · 2 min read

London fears losing luxury shoppers to Paris and Milan

London fears losing luxury shoppers to Paris and Milan

By James Davey and Sarah Young LONDON (Reuters) – London’s luxury retailers fear the city is losing its pull as a shopping..

Headlines

RICH, Wanda · Mar 14, 2023 · 4 min read

Meta to cut 10,000 jobs in second round of layoffs

Meta to cut 10,000 jobs in second round of layoffs

By Katie Paul and Nivedita Balu (Reuters) -Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs this year, making i..

Headlines

RICH, Wanda · Mar 14, 2023 · 4 min read

Global equities gain, as rising bond yields pressure gold

Global equities gain, as rising bond yields pressure gold

By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) – Global shares stemmed a five-session rout on Tuesday as bank sha..

Finance

RICH, Wanda · Mar 14, 2023 · 5 min read

ING toughens oil and gas policy to include trade finance, midstream

ING toughens oil and gas policy to include trade finance, midstream

By Virginia Furness LONDON (Reuters) – Dutch lender ING on Tuesday said it had again toughened its lending policy to the oil and..

Headlines

RICH, Wanda · Mar 14, 2023 · 3 min read

Over half of UK business leaders have concerns about the Spring Statement tomorrow, according to iResearch Services

Over half of UK business leaders have concerns about the Spring Statement tomorrow, according to iResearch Services

 London, 14th March 2023 – iResearch Services surveyed 250 business leaders across financial services, corporate finance, profes..

Industries

RICH, Wanda · Mar 14, 2023 · 2 min read

Sainsbury’s pays $524 million for full ownership of store investment vehicles

Sainsbury’s pays $524 million for full ownership of store investment vehicles

LONDON (Reuters) -British supermarket Sainsbury’s said on Tuesday it would take full ownership of the Highbury and Dragon store ..

Headlines

RICH, Wanda · Mar 14, 2023 · 1 min read

Fraport sees 2023 passenger traffic at 80-90% of pre-pandemic levels

Fraport sees 2023 passenger traffic at 80-90% of pre-pandemic levels

(Reuters) – Frankfurt Airport operator Fraport on Tuesday said it expected passenger traffic to keep improving in 2023 but stay ..

Headlines

RICH, Wanda · Mar 14, 2023 · 2 min read