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Flights cancelled in fresh round of strikes at German airports
BERLIN (Reuters) - Strikes at four German airports led to the cancellation of hundreds of flights on Friday in the latest bout of industrial action to disrupt travel plans in recent months. German uni...
Syndicated Content Mar 17, 2023
UniCredit board member did not quit due to alleged spat over CEO pay – chairman
MILAN (Reuters) - The former head of the remuneration committee and board member of UniCredit, Jayne-Anne Gadhia, did not quit the bank due to alleged disagreements over the pay package of CEO Andrea ...
Syndicated Content Mar 17, 2023
Goldman Sachs cuts ECB rate hike forecast to 25bps in May
(Reuters) - Goldman Sachs lowered its estimate for an interest rate hike by the European Central Bank (ECB) in May to 25 basis points after the central bank raised rates to fight inflation amid calls ...
Syndicated Content Mar 17, 2023
UK drops plan to tax sovereign wealth funds
LONDON (Reuters) - British finance minister Jeremy Hunt has dropped a plan to tax sovereign wealth funds investing in Britain, according to a government document. The report, detailing the measures in...
Syndicated Content Mar 17, 2023
Credit Suisse sees central bank cash as buying time for overhaul- executive tells SRF
ZURICH (Reuters) - Credit Suisse sees its access to 50 billion Swiss francs ($53.98 billion) of central bank funding as "precautionary liquidity" to allow the embattled lender to continue its revamp, ...
Syndicated Content Mar 17, 2023
Global turmoil makes Australian banks’ refinancing mountain a harder climb
By Lewis Jackson and Scott Murdoch SYDNEY (Reuters) - An A$300 billion ($201.21 billion) refinancing task for Australia's biggest banks is about to get harder, say analysts, as appetite for new debt s...
Syndicated Content Mar 17, 2023
Baidu wins permit to offer driverless robotaxi service in Beijing city
SHANGHAI (Reuters) - Chinese search engine giant Baidu said on Friday it had won a permit to provide a fully driverless ride-hailing service in the Chinese capital of Beijing. With the permit, Baidu's...
Syndicated Content Mar 17, 2023
Philippine central bank revises 2023 current account projection
MANILA (Reuters) - The Philippine central bank said on Friday it expects a current account deficit of $17.1 billion for 2023, equivalent to 4% of gross domestic product, taking into account subdued gl...
Syndicated Content Mar 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 lender Sil...
Syndicated Content Mar 17, 2023
Walmart pumps $200 million in Indian fintech PhonePe in ongoing fundraise
BENGALURU (Reuters) - Indian digital payments firm PhonePe said on Friday it has raised $200 million from majority backer Walmart Inc at a pre-money valuation of $12 billion. PhonePe, already India's ...
Syndicated Content Mar 17, 2023
Peoria, IL, USA
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