scorecardresearch
Tuesday, May 21, 2024
HomeBusiness

Business

Global equities fall, gold surges as banking worries linger

By Chris Prentice and Elizabeth Howcroft NEW YORK/LONDON (Reuters) - Investor sentiment remained fragile on Friday despite massive rescue for the banking sector, leaving global equities under pressure

Dollar slips as banking turmoil snares markets

By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar fell on Friday as further declines in the shares of Credit Suisse and First Republic Bank rattled markets fearful of contagion

Oil prices settle down, post big weekly losses on bank fears

By Laura Sanicola (Reuters) -Oil prices settled lower Friday, reversing early gains of more than $1 a barrel as banking sector fears caused both benchmarks to reach their biggest weekly declines in

Credit Suisse faces crunch weekend as lifeline offers limited reprieve

By Stefania Spezzati and Oliver Hirt (Reuters) - Credit Suisse executives will hold meetings over the weekend to chart a path forward for the ailing Swiss bank, people familiar with the matter said,

Oil prices rise then dive to 15-month lows on bank fears

By Laura Sanicola (Reuters) - Oil prices took a dive on Friday, reversing early gains of more than $1 a barrel and falling by more than $3, as banking sector fears set crude on course for its biggest

Global equities fall, gold rallies as banking worries linger

By Chris Prentice and Elizabeth Howcroft NEW YORK/LONDON (Reuters) -Investor sentiment remained fragile on Friday, leaving major Wall Street and European stock indexes weaker and gold prices at their

Bank lifelines fail to stem sell-off, ECB sees no Europe contagion

By Balazs Koranyi, Pete Schroeder and Tom Westbrook (Reuters) - Credit Suisse and First Republic Bank shares came under renewed pressure on Friday despite multi-billion dollar support deals, while a

Dollar slips as banking turmoil roils markets

By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) - The dollar fell on Friday as concerns of further turmoil in banking rattled equity markets and sent Treasury yields lower, while driving

Oil gains reverse on banking sector fragility

By Rowena Edwards LONDON (Reuters) -Oil prices fell in volatile trade on Friday, reversing earlier gains of more than $1 a barrel, as banking sector fears set crude on course for its biggest weekly

India’s forex reserves fall to over 3-month low of $560 billion

MUMBAI (Reuters) - India's foreign exchange reserves fell to $560 billion as of the week ended March 10, their lowest since early-December, the Reserve Bank of India's (RBI) statistical supplement

On Camera

Nancy Tyagi at Cannes is instantly iconic. Commenting on Aishwarya Rai is so last decade

Her saree could easily give Sabyasachi’s Met Gala creation a run for his money. Alia Bhatt’s ‘Garden of Time’ saree was a product of 163 artisans, Tyagi is a one-woman show.

What’s geopolitical recession? World seems to be heading for one

The long-term rise of China and the 'Global South', combined with a decline of European and Japanese economic power is driving a fundamental shift.

With defence push, India looks to capture markets in Africa beyond western Indian Ocean

India’s defence sector is trying to penetrate the African market. But with China already extending significant influence, India must now play catch-up.      

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?