Category Archives:
Biden administration wants Congress to bar airlines from charging family seating fees
By David Shepardson WASHINGTON (Reuters) - The Biden administration on Monday asked U.S. lawmakers to approve legislation to bar airlines from charging family seating fees if adjacent seats are availa...
Syndicated Content Mar 13, 2023
Crypto firm Circle hit by Signature Bank closure
(Reuters) - Cryptocurrency firm Circle's boss on Sunday said the firm would no longer be able to process minting and redemption through Signature Bank after it was shut by New York state and would han...
Syndicated Content Mar 13, 2023
Stellantis in talks to assemble electric cars in Spain, Cinco Dias reports
MADRID (Reuters) - Stellantis is in talks with the Spanish government regarding the production of small electric vehicles in the country, newspaper Cinco Dias reported on Monday citing unidentified so...
Syndicated Content Mar 13, 2023
UK, Bank of England facilitate sale of SVB UK to HSBC
LONDON (Reuters) - Britain's finance minister Jeremy Hunt said the government and the Bank of England had facilitated a private sale of the UK arm of Silicon Valley Bank to HSBC, in a move which would...
Syndicated Content Mar 13, 2023
HSBC acquires British arm of stricken Silicon Valley Bank
By Iain Withers LONDON (Reuters) -HSBC said on Monday it is acquiring the UK subsidiary of stricken Silicon Valley Bank for 1 pound, rescuing a key lender for technology start-ups in Britain. "This ac...
Syndicated Content Mar 13, 2023
Britain’s tax take risks blowing green energy off target
By Susanna Twidale and Shadia Nasralla LONDON (Reuters) - A cap on revenue and the lack of the kind of incentives offered to oil explorers are blocking the development of renewable energy in Britain, ...
Syndicated Content Mar 13, 2023
Analysis-As banks break, markets hear the sound of peaking rates
By Tom Westbrook SINGAPORE (Reuters) - Investors scrambled to pull down global rate expectations on Monday and abandoned wagers on steep U.S. hikes next week, reckoning the biggest American bank failu...
Syndicated Content Mar 13, 2023
How high will you go? Five questions for the ECB
By Dhara Ranasinghe and Stefano Rebaudo LONDON (Reuters) - The European Central Bank looks set to deliver another hefty interest rate hike on Thursday, putting the market focus onto how far it is will...
Syndicated Content Mar 13, 2023
Mobile games developer Huuuge says has $24.2 million at SVB
(Reuters) - Mobile games developer Huuuge Inc said late on Saturday about 10% of its cash and securities were held at the collapsed Silicon Valley Bank (SVB), adding it has sufficient resources to mee...
Syndicated Content Mar 13, 2023
Experts flag moral hazard risk as U.S. intervenes in SVB crisis
By Scott Murdoch and Carolina Mandl SYDNEY/NEW YORK (Reuters) - U.S. regulators may have stemmed a banking crisis by guaranteeing deposits of collapsed Silicon Valley Bank (SVB), but some experts warn...
Syndicated Content Mar 13, 2023
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