PacWest Rallies On Dividend Cut To Bolster Capital
(Reuters) -Shares of PacWest Bancorp jumped 24% on Monday and led a recovery in the battered U.S. banking sector after…
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Twitter To Remove Inactive Accounts
(Reuters) -Social media platform Twitter Inc will remove accounts that have been inactive for several years, CEO Elon Musk said…
Virgin Galactic To Start Commercial Flight In Late June, Shares Rise
(Reuters) – Space-tourism company Virgin Galactic Holdings said on Monday that a four-member test flight will take place in May…
Helene Von Roeder To Become New CFO Of Germany’s Merck
(Reuters) – Germany’s Merck KGaA has appointed Helene von Roeder as the new chief financial officer and member of the…
Catalent Says To Cut 2023 Revenue Forecast, Delays Q3 Results
(Reuters) – Contract drug manufacturer Catalent Inc said on Monday that it expects to “significantly” reduce its 2023 forecasts for…
Pound Hits One-year High Against Struggling Dollar
By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) – Sterling hit an over-one-year high against the dollar on Monday as…
U.S. Regional Banks’ Shares Climb After Tumultuous Week
(Reuters) – Shares of U.S. regional banks gained sharply in premarket trading on Monday, as investors tiptoe back into the…
Exclusive-HSBC Reaches Deal To Buy Out China Fund Partner -sources
By Selena Li HONG KONG (Reuters) – HSBC has agreed to buy out its China fund management joint venture partner,…
Chinese Automaker BYD To Make EVs In Vietnam
HANOI (Reuters) – Chinese automaker BYD Co. plans to expand into electric vehicles manufacturing and assembly in Vietnam, according to…
Toyota Says Yaris Model Safe In Thailand After Safety Concerns
BANGKOK (Reuters) – Japanese carmaker Toyota Motor Corp has stopped sales of its Yaris ATIV but the vehicle is safe,…