Swedbank Books $3.7 Million Provision Over US Investigation
OSLO (Reuters) – Swedbank will book a provision of 40 million Swedish crowns ($3.72 million) related to an investigation by…
Boeing Says To Set Up Freight Conversion Facility In India
NEW DELHI (Reuters) – Boeing Co will set up in India a facility to convert passenger aircraft into freight planes…
Oil Headed For Worst Weekly Drop Since Feb On U.S. Slowdown Fears
By Sudarshan Varadhan and Muyu Xu (Reuters) -Oil fell for a fourth session on Friday, heading for its biggest weekly…
BOJ Keeps Ultra-low Rates At Kuroda’s Final Policy Meeting
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -The Bank of Japan (BOJ) maintained ultra-low interest rates on Friday and…
Silicon Valley Bank Scrambles To Reassure Clients After 60% Stock Wipe-out
By Krystal Hu, Anna Tong and Ananya Mariam Rajesh (Reuters) – SVB Financial Group scrambled on Thursday to reassure its…
Dollar Loses Steam After Jobless Claims Data; Kuroda Takes Centre Stage In Asia
By Rae Wee SINGAPORE (Reuters) – The dollar paused its ascent on Friday after a rise in jobless claims in…
BOJ Set To Keep Ultra-low Rates At Kuroda’s Final Policy Meeting
By Leika Kihara TOKYO (Reuters) -The Bank of Japan (BOJ) is set to maintain ultra-low interest rates on Friday and…
LATAM Airlines Posts $2.5 Billion Profit After Emerging From Bankruptcy
SANTIAGO (Reuters) – LATAM Airlines reported a fourth-quarter net profit of $2.538 billion, the company said on Thursday, noting that…
GE Working To Address Durability Issues With LEAP Jet Engines, Says Company Exec
CINCINNATI, Ohio (Reuters) – General Electric Co is working on addressing issues with the durability of its LEAP jet engines…
Wall St Falls On Bank Stocks Tumble, Jobs Report Jitters
By Sinéad Carew and Amruta Khandekar (Reuters) – Wall Street’s three major stock indexes closed lower on Thursday, with bank…