Headlines

ECB’s Villeroy: rate hike signals strong confidence in European banks

ECB’s Villeroy: rate hike signals strong confidence in European banks

PARIS (Reuters) – The European Central Bank’s decision to raise interest rates by half a point on Thursday reflects the ce..

Cricket-Former Australia captain Paine retires from first-class cricket

Cricket-Former Australia captain Paine retires from first-class cricket

MELBOURNE (Reuters) – Former Australia test captain Tim Paine ended his cricket career on Friday after Tasmania’s Sheffiel..

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..

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..

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 ..

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..

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..

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..

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..

EU announces plans to lead green industrial revolution

EU announces plans to lead green industrial revolution

By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission presented the centrepieces of a strategy on Thursday to ensure its in..