BERLIN (Reuters) – Software group SAP said on Monday it had agreed to sell its stake in data analytics firm Qualtrics for $7.7 billion as part of the acquisition of Qualtrics by funds affiliated[...]
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March 13, 2023
Charles Schwab tumbles as drop in margin balances fans concerns after SVB collapse
By Mehnaz Yasmin (Reuters) – Charles Schwab on Monday reported a 28% decline in average margin balances and a 4% fall in total client assets for February, piling more pressure on the company ami[...]
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Aircraft lessors, insurers jostle in UK court over stranded jets in Russia
By Kirstin Ridley and Sam Tobin LONDON (Reuters) – AerCap, the world’s biggest aircraft lessor, said on Monday it was inconceivable that it would not recover some losses from insurers over[...]
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Studio A24 captures Oscar spotlight with big wins for best picture, acting
By Dawn Chmielewski LOS ANGELES (Reuters) – Independent studio A24 was the big winner at Sunday’s Academy Awards, taking nine awards out of its 18 nominations, including best picture and a[...]
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UK gilts on track for mammoth gain in wake of SVB collapse
LONDON (Reuters) – British government bonds on Monday were on track for their biggest one-day price gain since the day the Bank of England launched quantitative easing in March 2009, excluding w[...]
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U.S. bank woes no threat to Swedish financial system, watchdog says
OSLO (Reuters) -The recent collapse of some U.S. banks, including Silicon Valley Bank (SVB), does not threaten Sweden’s financial stability, the country’s financial watchdog said on Monday[...]
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Exclusive-India to discourage foreign trade settlement in Chinese yuan – sources
By Shivangi Acharya, Aftab Ahmed and Neha Arora NEW DELHI (Reuters) – India has asked banks and traders to avoid using Chinese yuan to pay for Russian imports, three government officials involve[...]
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Biden vows new bank rules after SVB collapse, cites Trump rollback
By Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden declared the US banking system “safe” and vowed stiffer bank regulation, after U.S. regulators were forced to step in with a s[...]
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MSCI ESG raters flag governance risks at embattled Adani Group
(This March 10 story has been corrected to say ‘violations’, not ‘valuations’, in paragraph 6) By Rodrigo Campos, Davide Barbuscia and Isla Binnie NEW YORK (Reuters) – MS[...]
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