FRANKFURT (Reuters) -European Central Bank policymakers only agreed another major increase in interest rates on Thursday after Credit Suisse secured a lifeline and markets calmed, four sources familia[...]
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March 16, 2023
Lenovo must pay $138.7 million for InterDigital patents – London court
LONDON (Reuters) – China’s Lenovo Group Ltd must pay U.S. technology firm InterDigital Inc $138.7 million for a licence for its portfolio of telecommunications patents, London’s High[...]
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Bridgewater, Millennium, and Marshall Wace in bearish bet on Europeans banks
By Nell Mackenzie and Pablo Mayo Cerqueiro LONDON (Reuters) -Investment managers Bridgewater Associates, Millennium Management and Marshall Wace added to short positions on European banking shares aft[...]
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American Airlines loses fight over Delta airport slots
By Foo Yun Chee LUXEMBOURG (Reuters) – American Airlines, which gave up rights to two airport slots to Delta Air Lines’ in 2013, on Thursday lost a court appeal to have the European Union[...]
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Analysis-For Goldman Sachs, SVB’s botched stock sale had a silver lining
By Echo Wang, Lananh Nguyen and David French NEW YORK (Reuters) – As SVB Financial Group wrestled with a capital shortfall and the prospect of a downgrade to its credit rating last week, it went[...]
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Credit Suisse share rebound loses steam in delicate truce with doubters
By John Revill and Amanda Cooper ZURICH/LONDON (Reuters) -Credit Suisse shares rebounded on Thursday after getting a lifeline from the Swiss central bank to shore up investor confidence but the rally[...]
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Republican senator to Yellen in hearing: ‘That’s a lie’
WASHINGTON (Reuters) – A Republican senator accused Treasury Secretary Janet Yellen on Thursday of lying about whether President Joe Biden was willing to meet with Republicans to discuss Social[...]
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U.S. bank deposits have started moving to money market funds – Goldman Sachs
(Refiles to add “U.S. bank” in the headline) (Reuters) -Goldman Sachs said deposits have started to move out of U.S. banks and towards money markets funds, as investors seek the safety in[...]
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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 industry can compete with the United States and China in making clea[...]
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