Banking

Nokia sees pick up in margins as turnaround takes shape

HELSINKI (Reuters) – Telecoms equipment maker Nokia is forecasting a pick up in profit margins to 10-13% in 2023, as…

5 years ago

Dollar wobbles after Fed pushes back against rate hike speculation

TOKYO (Reuters) – The U.S. dollar was on the defensive on Thursday after the Federal Reserve signalled it was in…

5 years ago

Roche buys GenMark for $1.8 million to challenge test rivals

ZURICH (Reuters) - Roche is filling a testing portfolio gap by buying U.S.-based GenMark Diagnostics in a $1.8 billion deal…

5 years ago

Bitcoin falls after weekend record high as India considers a ban

TOKYO/LONDON/NEW YORK (Reuters) - Bitcoin dropped on Monday, falling from a record high above $60,000 over the weekend, as investors…

5 years ago

S&P 500 ends at record high as Wall Street rises

(Reuters) - Wall Street climbed on Monday, with the S&P 500 closing at a record high, as investors awaited cues…

5 years ago

U.S. pandemic relief program mistakenly paid $692 million in duplicate loans: watchdog

WASHINGTON (Reuters) - The U.S. Small Business Administration (SBA) mistakenly paid out $692 million in duplicate small-business pandemic relief loans…

5 years ago

Bitcoin falls back sharply after weekend record

TOKYO/LONDON (Reuters) - Bitcoin fell back sharply on Monday after hitting a record high of $61,781.83 over the weekend after…

5 years ago

Banks boost European stocks as recovery hopes grow

(Reuters) - Shares of banks and automakers lifted European shares on Monday as investors continued to move into economy-linked sectors…

5 years ago

Mexico’s central bank says U.S. stimulus will lift economy, create market challenges

MEXICO CITY (Reuters) - U.S. President Joe Biden’s $1.9 trillion stimulus package will help boost Mexico’s economy and exports but…

5 years ago

First Digital goes live as Israel’s first new bank since 1978

JERUSALEM (Reuters) - First Digital Bank, the first new bank in Israel since 1978, started operations on Sunday on a…

5 years ago