PacWest stock plunges as US regional banking woes worsen
By Medha Singh and Chibuike Oguh (Reuters) -Shares of PacWest Bancorp plunged on Thursday, dragging other regional lenders down after…
Business
Oil settles narrowly mixed after smaller ECB hike; demand concerns linger
By Laura Sanicola (Reuters) – Oil prices settled nearly unchanged on Thursday after the European Central Bank (ECB) decided to…
Carlyle shares fall after Q1 earnings miss estimates
By Chibuike Oguh NEW YORK (Reuters) -Shares of Carlyle Group Inc sank on Thursday after it posted a first-quarter distributable…
Air France-KLM in talks with Apollo over 500 million euro cash injection
(Reuters) – Air France-KLM said on Thursday it had entered exclusive talks with private equity firm Apollo Global Management for…
U.S. SEC says focused on prosecuting misconduct that might threaten investors, markets
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission is focused on identifying and prosecuting any form of misconduct…
Conoco sees ‘light at end of the tunnel’ on Venezuela claims, CEO says
(Reuters) – U.S. oil and gas producer ConocoPhillips on Thursday said it sees “light at the end of the tunnel”…
US Treasury’s top international official heads to Europe, Asia for talks on economy
WASHINGTON (Reuters) – The U.S. Treasury Department’s top international official is heading to Europe and Asia this week for talks…
Paramount Global disappoints on weak ad market, cuts dividend
By Tiyashi Datta and Helen Coster (Reuters) – Paramount Global Inc missed first-quarter revenue estimates on Thursday amid a weak…
IAG’s Iberia names Fernando Candela as temporary head
MADRID (Reuters) – International Airlines Group’s Spanish airline Iberia named Fernando Candela as its new acting president and chief executive…
Sberbank’s tech push shows Russia’s growing reliance on its top bank
By Alexander Marrow MOSCOW (Reuters) – Already Russia’s dominant lender, state-owned Sberbank has become one of the country’s leading technology…