BERLIN (Reuters) – Intel Corp has backed away from its original target of opening a chip factory in the eastern…
Crypto exchange Bitvavo says it aims to recoup 280 million euros from DCG
AMSTERDAM (Reuters) -Dutch cryptocurrency exchange Bitvavo said on Saturday it is trying to recover 280 million euros ($296.30 million) from…
Analysis-Bumper green aluminium output is good news for carmakers, and climate
By Eric Onstad LONDON (Reuters) – Aluminium makers are set to boost low-carbon metal output by 10% in 2023 and…
Sunak scraps Energy Supply Taskforce introduced by Truss- Sky News
(Reuters) – British Prime Minister Rishi Sunak is scrapping Lizz Truss’s Energy Supply Taskforce plan introduced in September, Sky News…
Swiss central bank sees onus on Credit Suisse to execute revamp
ZURICH (Reuters) – Credit Suisse needs to execute its revamp successfully and end a string of negative headlines from Switzerland’s…
ZKB not poaching Credit Suisse clients – CEO in paper
ZURICH (Reuters) – Zuercher Kantonalbank is not trying to poach clients from embattled Credit Suisse, the state-backed cantonal bank’s chief…
Energy price fall by March is unrealistic, Italian economy minister says
ROME (Reuters) – Italian Economy Minister Giancarlo Giorgetti said on Saturday it was unrealistic to expect energy prices to fall…
Turkey extends FX-protected lira deposit scheme for a year
ISTANBUL (Reuters) – Turkey extended by a year a scheme that had it adopted in the throes of a 2021…
Credit Suisse, BNP faulted by U.S. bank regulators for resolution plans
By Hannah Lang WASHINGTON (Reuters) -The U.S. Federal Reserve and the Federal Deposit Insurance Corp identified problems in the so-called…
World shares extend rout, oil prices drop on recession worries
By Chris Prentice, Dhara Ranasinghe and Naomi Rovnick NEW YORK/LONDON (Reuters) -A rout in global equities extended on Friday and…