BlackRock’s Hildebrand says UBS role in Switzerland in focus after CS rescue
By Yoruk Bahceli and Padraic Halpin DUBLIN (Reuters) -The vice chairman of big UBS shareholder BlackRock Philipp Hildebrand said on…
2023
Israel cements ties to Turkmenistan on Iran’s border
ASHGABAT (Reuters) -Israeli Foreign Minister Eli Cohen inaugurated a permanent embassy in the Central Asian nation of Turkmenistan on Thursday,…
Deposit Flight At U.S. Regional Banks Blights Interest Income Gains
(Reuters) -A clutch of U.S. regional lenders saw deposits drop in the first-quarter as clients reeling from a crisis of…
US space industry funding drops 53% in Q1, hitting 8-year low – report
By Akash Sriram and Tanya Jain (Reuters) -Investments in the U.S. space industry dropped 53% to $2.2 billion in the…
Exclusive-Pakistan makes its first purchase of discounted Russian oil
By Asif Shahzad ISLAMABAD (Reuters) – Pakistan has placed its first order for discounted Russian crude oil under a deal…
India monetary tightening cycle not over, inflation remains a concern -MPC minutes
By Swati Bhat MUMBAI (Reuters) – India’s current rate tightening cycle may not be over as more hikes could be…
Credit Suisse has ‘learnt nothing’ from 2008 crash, London court told
By Sam Tobin LONDON (Reuters) – Credit Suisse was accused on Thursday of having “learnt nothing” from the 2008 financial…
Some ECB governors doubted ‘immaculate disinflation’ in March
FRANKFURT (Reuters) -Some European Central Bank policymakers worried at their last meeting that the ECB’s new economic forecasts about wages,…
Russia expands war recruitment drive with video ad calling for ‘real’ men
By Andrew Osborn MOSCOW (Reuters) – The Russian military has launched a video campaign to lure more professional soldiers to…
German govt to slightly raise 2023 GDP forecast – sources
By Holger Hansen BERLIN (Reuters) -The German government is set to slightly raise its economic growth forecast for this year…