Credit Suisse Lifeline, First Republic Rescue: What You Need To Know
Credit Suisse headed into a make-or-break weekend after some rivals grew cautious in their dealings with the struggling Swiss lender,...
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Dollar Retreats as Banking Support Prompts Relief Rally
The U.S. dollar slipped lower in early European trade Friday and riskier currencies rallied on easing concerns about a global...
Oil Prices Rise On OPEC+ Hopes, But Set For Steep Weekly Losses
Oil prices crept higher on Friday on the prospect of supportive measures by the OPEC+, although fears of an economic...
Asian Stocks Surge As Bank Bailouts Lift Spirits
Asian stock markets rose on Friday, recovering from a series of sharp losses this week as government and institutional support...
Zara Owner Inditex Reports Surge in Annual Profit As Sales Hit Record High
Zara-owner Inditex (BME:ITX) posted a 29% jump in annual profit despite a slowdown in top-line returns in the final quarter,...
ECB Likely To Stick To Big Rate Hike Despite Banking Turmoil, Source Says
European Central Bank policymakers are still leaning towards a half-percentage-point rate hike on Thursday, despite turmoil in the banking sector,...
Asian Stocks Rise As Bank Rout Eases, Markets Bet On Less Hawkish Fed
Most Asian stock markets rose on Wednesday, helped by a recovery in bank shares amid easing fears over a potential...
Volkswagen to Invest $193 Billion Over 5 Years To Hit EV Target
Volkswagen (ETR:VOWG_p) plans to invest 180 billion euros ($192.76 billion) over the next five years in areas including battery production...
Spain’s Mango Plans U.S. Expansion After China Retreat
Spanish fashion retailer Mango is focusing on U.S. expansion after turning its back on China, Chief Executive Officer Toni Ruiz...
Bank Slide Deepens As SVB Contagion Fear Rattles Markets
Asia's share markets slid on Tuesday, with financial stocks in Tokyo leading losses as fear of a U.S. banking crisis...