By Eduardo Baptista and Jason Xue BEIJING/SHANGHAI (Reuters) – Hong Kong-listed shares in China’s Baidu rebounded 15.7% on Friday as users told of their experiences with the Ernie bot, rec[...]
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March 17, 2023
Analysis-UK businesses mull moving cash after SVB chaos
By Iain Withers, Elizabeth Howcroft and Martin Coulter LONDON (Reuters) – British banks are seeing a pick-up in enquiries to switch cash between institutions after the collapse of U.S. tech lend[...]
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First Republic shares fall despite unprecedented Wall Street rescue deal
(This March 16 story has been refiled to correct a word in the quote in paragraph 7) By Lananh Nguyen, Pete Schroeder, Andrea Shalal and Megan Davies (Reuters) – First Republic Bank’s shar[...]
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Mazda to appoint former North America head Moro as next CEO
By Daniel Leussink TOKYO (Reuters) -Mazda Motor Corp will appoint 40-year company veteran Masahiro Moro as its new president and CEO, the Japanese automaker said on Friday, as it ramps up spending to[...]
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Marketmind: Support for troubled banks calms markets
A look at the day ahead in European and global markets from Anshuman Daga The week-long rollercoaster ride for global markets turned calmer and a little more positive on Friday as investors heaved a s[...]
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SpaceX, Netflix, Boeing to join “biggest-ever” US business mission to Vietnam
By Francesco Guarascio HANOI (Reuters) – SpaceX, Netflix and Boeing are among the companies joining the “biggest-ever” U.S. business mission to Vietnam next week to discuss investmen[...]
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Carl Icahn urges Fed to keep fighting inflation after SVB collapse – FT
(Reuters) – Activist investor Carl Icahn has urged the U.S. Federal Reserve to stay the course in the fight against the “disease of inflation” despite the failure of Silicon Valley B[...]
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Volkswagen joins China price war as new emissions rule looms
BEIJING (Reuters) – SAIC Volkswagen Automotive Co is offering 3.7 billion yuan ($537 million) in cash subsidies for car purchases in China, joining more than 40 brands in slashing prices ahead o[...]
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Fitch says APAC banks resilient to risks highlighted by U.S. bank failures
(Reuters) – Ratings agency Fitch said on Thursday that direct exposures to Silicon Valley Bank <SIVB.O> and Signature Bank among its portfolio of rated banks in the Asia-Pacific (APAC) reg[...]
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