Author Archives: Syndicated Content
Pakistan benchmark share index hits record high, IMF cheer continues
KARACHI (Reuters) - Pakistan's benchmark index touched an all-time high on Thursday, extending a rally following a staff level agreement with the International Monetary Fund earlier this month to free...
Thomson Reuters Mar 28, 2024
Ukraine destroys 26 Russian drones in latest overnight strike
KYIV (Reuters) - Ukrainian forces shot down 26 out of 28 attack drones launched overnight by Russia, Kyiv's military said on Thursday. The Iranian-made drones were destroyed over parts of eastern, sou...
Thomson Reuters Mar 28, 2024
UBS looks to keep, grow shipping loans in post-merger green overhaul
By Simon Jessop LONDON (Reuters) - UBS will look to increase lending to the shipping sector and run off some loans to fossil fuel clients inherited from Credit Suisse, executives told Reuters, in the ...
Thomson Reuters Mar 28, 2024
UBS reports 14.4 million Swiss francs for CEO Ermotti in 2023
ZURICH (Reuters) -UBS on Thursday said its CEO Sergio Ermotti picked up 14.4 million Swiss francs in 2023 after taking over the Swiss bank's helm for a second bout following its takeover of former riv...
Thomson Reuters Mar 28, 2024
History of Japan's intervention in currency markets
TOKYO (Reuters) - Japanese authorities held an emergency meeting this week to discuss the weak yen and suggested they were ready to intervene in the market to stop what they described as disorderly an...
Thomson Reuters Mar 28, 2024
Markets in Q1: the wild ride towards rate cuts
By Naomi Rovnick and Karin Strohecker LONDON (Reuters) - Global bond and equity markets are ending the first quarter on a high note, with investors poised for more wild swings ahead after months of th...
Thomson Reuters Mar 28, 2024
Global M&A picks up in Q1 after flurry of large deals
By Anirban Sen and Anousha Sakoui NEW YORK (Reuters) - Mergers and acquisitions (M&A) bounced back in the first quarter after a downbeat 2023, thanks to the return of mega deals, cheering investment b...
Thomson Reuters Mar 28, 2024
French company Valeo to use more Google Cloud AI tools
PARIS (Reuters) - French car parts maker Valeo said on Thursday it would be using more Google Cloud AI tools at Valeo, highlighting the growing importance of the technology in the cars sector. Valeo s...
Thomson Reuters Mar 28, 2024
China's BYD slows down plans for EV factory in Vietnam, industrial park says
HANOI (Reuters) - Chinese electric vehicles maker BYD has slowed down its plans to build an EV factory in Vietnam, a manager of the industrial park where the plant would be built told a shareholders m...
Thomson Reuters Mar 28, 2024
Morning Bid: Yen traders on tenterhooks
A look at the day ahead in European and global markets from Vidya Ranganathan. It's another day of nail-biting for currency traders as the will-they-won't-they debate swirls on Japan's yen-buying inte...
Thomson Reuters Mar 28, 2024

