(Reuters) – Global banks are staring at the biggest crisis since 2008 after two U.S. lenders collapsed, Switzerland’s Credit Suisse sought a government lifeline and America’s top banks agreed to…
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By Lisa Baertlein LOS ANGELES (Reuters) – There is no such thing as free shipping. Even so, Amazon.com Inc and other online retailers who use so-called free delivery to cultivate…
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By Marc Jones LONDON (Reuters) -The European Union’s securities watchdog has fined S&P Global Ratings 1.1 million euros ($1.19 million) for publishing a number of credit scores before the relevant…
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(Reuters) -British pub group J D Wetherspoon Plc on Friday posted a return to half-year profit and said sales in recent weeks have topped pre-pandemic levels. “Supply or delivery issues…
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By Samuel Indyk LONDON (Reuters) – The Swiss franc hasn’t lived up to its safe-haven reputation during the Credit Suisse collapse, as investors have sought shelter elsewhere, bringing more of…
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By Selena Li HONG KONG (Reuters) -Standard Chartered Chief Executive Bill Winters said on Friday Credit Suisse AG’s $17 billion Additional Tier 1 bonds wipeout had “profound” implications for global…
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(Reuters) – British consumer confidence rose this month to its highest level in a year, helped by improving sentiment around the economy and despite persistent gloom over personal finances, a…
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LONDON (Reuters) – London’s Westminster Abbey said visitors will get the chance this summer to follow King Charles’ coronation footsteps, getting access for the first time in living memory to…
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By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Denmark on Thursday invited the Russian-controlled operator of the Nord Stream 2 pipeline to help salvage an unidentified object found close to the only…
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By Akash Sriram (Reuters) – Finnish entrepreneur Thomas Zilliacus has placed a bid for Manchester United and is willing to pay a premium for the English soccer club, the former…
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(Reuters) – Billionaire Richard Branson’s cash-strapped satellite launch company Virgin Orbit Holdings said on Thursday it is in talks with “interested parties” about an investment in the company. Reuters reported…
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By Koh Gui Qing NEW YORK (Reuters) – Wall Street stocks jumped on Thursday, pushing up global stock indexes, and Treasury yields fell, after investors took comfort that the Federal…