By Iain Withers and Amy-Jo Crowley LONDON (Reuters) -British state-backed bank NatWest has agreed to buy 1.3 billion pounds ($1.6 billion) worth of its shares back from the government, as it edges clo[...]
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May 22, 2023
Credit Suisse staff prepare to sue Swiss regulator over lost AT1 bonuses-FT
(Reuters) -Credit Suisse AG staff are preparing to sue the Swiss financial regulator over $400 million of bonuses that were canceled after the troubled lender’s rescue by UBS Group AG, the Finan[...]
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Vodafone’s new CEO faces tough calls to reconnect with investors
By Kate Holton and Paul Sandle LONDON (Reuters) -When Vodafone named Margherita Della Valle as CEO last month, investors adopted a wait-and-see approach to whether the company veteran was the right pe[...]
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Nvidia chips away at Intel, AMD turf in supercomputers
By Stephen Nellis (Reuters) – Nvidia Corp on Monday said it has worked with the U.K.’s University of Bristol to build a new supercomputer using a new Nvidia chip that would compete with In[...]
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Explainer-How Wall Street is preparing for possible US debt default
By Davide Barbuscia and Pete Schroeder NEW YORK/WASHINGTON (Reuters) – As talks over raising the U.S. government’s $31.4 trillion debt ceiling go down to the wire, Wall Street banks and as[...]
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Australia wins U.S. support for critical minerals industry
MELBOURNE (Reuters) -Australia has won the backing of the United States for development of its critical minerals industry after the two countries reached an agreement to coordinate polices and investm[...]
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Australia says PwC leak of government tax documents may be referred to police
SYDNEY (Reuters) – Australia said on Monday the government will take further steps in response to the leak of government tax plans by accounting firm PricewaterhouseCoopers (PwC) and that the ma[...]
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Marketmind: Not so fast, debt ceiling bulls!
A look at the day ahead in European and global markets from Kevin Buckland You didn’t think it would be that easy, did you? Investors are on edge after equities and the dollar got knocked back F[...]
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NZ central bank to hike by 25 bps, risk grows of higher peak for rates
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank is expected to deliver a 25-basis point hike on Wednesday, but the focus will be on whether the policy rate will peak at a highe[...]
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