(Reuters) – Bitcoin rose 5.58% to $21,044 at 2344 GMT on Saturday, adding $1,113 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 27.6% from the yea[...]
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January 14, 2023
Credit Suisse set to cut 10% of European investment bankers -FT
(Reuters) – Swiss lender Credit Suisse is looking to cut more than 10% of its staff of European investment bankers this year, the Financial Times reported on Saturday, citing people with knowled[...]
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Schroders gets nod to set up China fund unit as Beijing speeds up approvals
SHANGHAI (Reuters) – Schroders has obtained Chinese regulatory approval to set up a wholly-owned mutual fund unit in China, as Beijing accelerates opening up its giant financial sector to foreig[...]
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Qatar, UAE energy ministers say gas will be needed for long time
By Yousef Saba and Rachna Uppal ABU DHABI (Reuters) – The world will need natural gas for a long time and more investment is required to ensure supply security and affordable prices during the g[...]
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HDFC Bank, India’s biggest private lender, says net profit jumps 18.5%
MUMBAI (Reuters) – HDFC Bank, India’s largest private lender, on Saturday reported a 18.5% jump in net profit for the October-December quarter, aided by higher top-line and healthy loan gr[...]
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UBS has no desire to buy Credit Suisse, chairman tells newspaper
ZURICH (Reuters) – UBS has no interest in buying fellow Swiss lender Credit Suisse, the bank’s Chairman Colm Kelleher said in a interview published on Saturday. The former Morgan Stanley p[...]
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Brazil’s Americanas could face up to $8 billion early debt charges after accounting scandal, court warns
By Rodrigo Viga Gaier and Tatiana Bautzer RIO DE JANEIRO/SAO PAULO (Reuters) -A Brazilian court said on Friday Americanas SA could be liable to repay up to 40 billion reais ($7.9 billion) in debt earl[...]
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Yellen warns of U.S. default risk by early June, urges debt limit hike
By Kanishka Singh and David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday the United States will likely hit the $31.4 trillion statutory debt limit on Jan. 19, forci[...]
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Bitcoin climbs above $20,000 first time in over two months
(Reuters) -Bitcoin rose on Saturday above $20,000 for first time in over two months. Bitcoin, the world’s biggest and best-known cryptocurrency, rose 4.6% to $20,853 at 01:01 GMT on Saturday, ad[...]
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