(Reuters) – Swiss lender Credit Suisse is looking to cut more than 10% of its staff of European investment bankers…
Schroders gets nod to set up China fund unit as Beijing speeds up approvals
SHANGHAI (Reuters) – Schroders has obtained Chinese regulatory approval to set up a wholly-owned mutual fund unit in China, as…
Qatar, UAE energy ministers say gas will be needed for long time
By Yousef Saba and Rachna Uppal ABU DHABI (Reuters) – The world will need natural gas for a long time…
HDFC Bank, India’s biggest private lender, says net profit jumps 18.5%
MUMBAI (Reuters) – HDFC Bank, India’s largest private lender, on Saturday reported a 18.5% jump in net profit for the…
UBS has no desire to buy Credit Suisse, chairman tells newspaper
ZURICH (Reuters) – UBS has no interest in buying fellow Swiss lender Credit Suisse, the bank’s Chairman Colm Kelleher said…
Brazil’s Americanas could face up to $8 billion early debt charges after accounting scandal, court warns
By Rodrigo Viga Gaier and Tatiana Bautzer RIO DE JANEIRO/SAO PAULO (Reuters) -A Brazilian court said on Friday Americanas SA…
Yellen warns of U.S. default risk by early June, urges debt limit hike
By Kanishka Singh and David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday the United States will…
Bitcoin climbs above $20,000 first time in over two months
(Reuters) -Bitcoin rose on Saturday above $20,000 for first time in over two months. Bitcoin, the world’s biggest and best-known…
S&P 500 ends at highest in month, indexes gain for week as earnings kick off
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 and Nasdaq finished at their highest levels in a month…
U.S. lawmakers call FAA outage ‘unacceptable,’ demand a fix
By David Shepardson WASHINGTON (Reuters) -A group of more than 120 U.S. lawmakers told the Federal Aviation Administration’s (FAA) its…