The Euro has remained resilient in the face of worrisome news on the vaccine front and the dovish stance of the ECB, which suggests that EUR/USD rates could extend recent gains.
The US Dollar’s rebound against the British Pound, Australian Dollar and New Zealand Dollar may prove short-lived. Key levels to watch for AUD/USD, GBP/USD, NZD/USD.
MILAN, March 15 Reuters Italys Cassa Centrale Banca CCB is reconsidering the terms at which it could take a controlling stake in rival Carige in light of mounting losses at the Genoabased bank, three sources close to the matter said on Monday. Unlisted CCB currently holds 8 of Carige following a rescue in 2019 led […]
Reuters A blankcheck firm backed by founders of New Yorkbased venture capital firm FirstMark Capital has filed for an initial public offering of up to 400 million. FirstMark Acquisition Corp III is offering 40 million units, consisting of stocks and warrants, at 10 each and will be listed on the New York Stock Exchange, it […]
Reuters Sprinklr, which counts Microsoft Corp and telecom operator Verizon Communication Inc as customers, has confidentially filed with the U.S. Securities and Exchange Commission for an initial public offering, the software company said on Monday. The New Yorkbased firm provides software that helps its clients with marketing, advertising and customer engagement. Sprinklr was founded in […]
SYDNEY, March 15 Reuters Around 10 UBS Australia bankers, including top banking analyst Jonathan Mott, mining analyst Glyn Lawcock and head of financial sponsors advisory Justin Dwyer, have resigned, two sources with knowledge of the matter said. The majority of the departing staff have been hired by startup Barrenjoey Capital Partners, which is partly owned […]
FRANKFURT, March 15 Reuters Former Commerzbank Chief Executive Martin Blessing has launched the Amsterdam initial public offering of a blankcheque company targeting the acquisition on a financial technology firm, the bookrunner of the deal said on Monday. The European FinTech IPO Company 1 EFIC1 is planning to raise up to 415 million euros and seeking […]
One year since the coronavirus pandemic hit, Chinas young people are still having a hard time finding jobs. The unemployment rate for those aged 16 to 24 was 13.1 as of February, far above the national urban jobless rate of 5.5, the National Bureau of Statistics said Monday. The 13.1 young peoples unemployment rate is […]
LONDON, March 15 Reuters Sterling held above 1.39 on Monday after falling more than 1 cent versus the dollar on Friday as hopes for an economic recovery in Britain outweighed the impact of higher U.S. Treasury yields. The pound was down 0.25 at 1.3935 at 0954 GMT, after falling almost 1 during Fridays session to […]