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By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) - Lawmakers are expected to put top U.S. bank regulators on the defensive over the unexpected failures of regional lenders Silicon Valley Bank an...

ZURICH (Reuters) - Nestle will examine its banking relationships following the planned takeover of Credit Suisse by UBS, the food group's Chief Executive Mark Schneider said on Tuesday. "We have worke...

By Hyunsu Yim SEOUL (Reuters) -South Korean social media giant Kakao's stake in K-pop agency SM Entertainment has reached 40%, the target said on Tuesday, in a deal that has left former bidder HYBE st...

By Ron Bousso LONDON (Reuters) - BP and Abu Dhabi's state oil giant on Tuesday offered to acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2 billion, making their entry i...

By Katya Golubkova and Yuka Obayashi TOKYO (Reuters) - Several Japanese power utilities will miss out on rate hikes they asked to start on April 1 after the government delayed the approval process of ...

By Selena Li HONG KONG (Reuters) - Allianz Global Investors (AllianzGI) has become the latest foreign asset manager to seek Beijing's approval to expand in the world's second-largest economy. AllianzG...

By Sarah Young LONDON (Reuters) - Britain's Gambling Commission has handed a 19.2 million pound ($23.7 million) fine to the William Hill betting group, the biggest penalty ever issued by the regulator...

(Reuters) - European stocks rose on Tuesday as investors grew hopeful that the banking crisis will be contained after a buyout deal for the failed Silicon Valley Bank. The continent-wide STOXX 600 ind...

By Philip Blenkinsop BRUSSELS (Reuters) - The European Union agreed on Tuesday to allow retaliation against countries that put undue economic pressure on EU members to change their policies, a move de...

(Reuters) - Diageo on Tuesday appointed Chief Operating Officer Debra Crew as CEO to replace retiring long-time boss Ivan Menezes, becoming one of only a handful of women to lead a FTSE 100-listed com...