Credit Suisse flags ‘material weaknesses’ in reporting, outflows not reversed

[ad_1] Delayed annual report released Auditors PwC included “adverse opinion” on bank’s internal controls Outflows “not yet reversed” ZURICH, March 14 (Reuters) – Credit Suisse (CSGN.S) said in its 2022…

Malaysia’s Petronas posts higher Q4 profit, sees lower oil prices in 2023

[ad_1] KUALA LUMPUR, March 13 (Reuters) – Malaysia’s state oil firm Petroliam Nasional Berhad (PETR.UL) on Monday posted a 55% jump in quarterly profit on higher energy prices and bigger…

Credit Suisse shares hit new low

[ad_1] ZURICH, March 13 (Reuters) – Credit Suisse (CSGN.S) shares hit a new record low in morning trading on Switzerland’s stock exchange. Bank shares in Europe and Asia plunged on…

Aramco’s Nasser says oil market tightly balanced

[ad_1] DUBAI, March 12 (Reuters) – Aramco’s chief executive Amin Nasser said on Sunday the market would remain tightly balanced in the short to medium term, adding that he was…