(Reuters) -A wave of customers have applied to shift their accounts to large U.S. banks such as JPMorgan Chase & Co and Citigroup Inc from smaller lenders after the collapse of Silicon Valley Bank[...]
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March 14, 2023
TV ratings for Sunday’s Oscars rise to 18.7 million
By Lisa Richwine LOS ANGELES (Reuters) – The Academy Awards telecast on Sunday attracted roughly 18.7 million U.S. television viewers to the film industry’s highest honors, according to da[...]
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Volkswagen: to share results of mock listing exercise in June
BERLIN (Reuters) – Volkswagen will share the outcome of a mock listing exercise for its brands and Volkswagen Group instigated by Chief Executive Oliver Blume at a capital markets day on June 21[...]
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UK pay growth slows as Bank of England mulls rates pause
By William Schomberg and Sachin Ravikumar LONDON (Reuters) – Growth in pay in Britain – which the Bank of England is watching closely as it weighs up whether to pause its run of interest r[...]
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Rebounding New Zealand tourism is a rare bright spot for its economy
By Lucy Craymer WELLINGTON (Reuters) – When cruises started taking bookings at the end of the COVID-19 pandemic, Australians Eunice and John Rowley quickly made plans for their first ever visit[...]
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French retailer Casino selling down stake in Brazil’s Assai
PARIS (Reuters) -Casino on Tuesday launched a sale of shares in Brazilian supermarket chain Assai as the French supermarket operator presses on with cutting its debt. Casino said it would be selling 1[...]
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Analysis-SVB collapse unleashes Treasury volatility, whiplashing investors
By Carolina Mandl NEW YORK (Reuters) – Extreme volatility is rattling U.S. Treasury markets in the wake of Silicon Valley Bank’s collapse and investors fear a prolonged bout of gyrations b[...]
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Silicon Valley Bank ‘conducting business as usual’, new CEO says
(Reuters) – Silicon Valley Bank’s new boss Tim Mayopoulos on Monday told clients that the lender is open and conducting business as usual, according to a letter seen by Reuters. Earlier in[...]
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Domestic data, not SVB collapse, in focus for rate hikes in Australia – top bank analysts
By Sameer Manekar and Mehr Bedi (Reuters) – Australia’s economic health will be its central bank’s compass for plotting the course of rate hikes, as stringent regulation insulates it[...]
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