Category Archives:
India asks state-run banks to monitor top loan accounts – sources
By Siddhi Nayak MUMBAI (Reuters) - India has asked state-run lenders to adopt stricter monitoring of top corporate loan accounts and submit a plan to deal with business risks in key areas within two w...
Mar 27, 2023
China says U.S. presumption of guilt against TikTok is baseless
BEIJING (Reuters) - The U.S. has made a presumption of guilt against TikTok without presenting any evidence that threatens its national security, the Chinese foreign ministry said on Monday regarding ...
Mar 27, 2023
Russian firm says it closes deal to buy IKEA factory
MOSCOW (Reuters) - Russian company Invest Plus on Monday said it had completed a deal to buy IKEA's largest Russian production asset, its Novgorod factory, more than a year after the Swedish furniture...
Mar 27, 2023
European stocks rebound as banking jitters ease
(Reuters) - European stocks rallied in early deals on Monday, as calm descended on markets following a turbulent week for banking shares that was fuelled by worries about stability in the sector after...
Mar 27, 2023
U.S. mid-tier lenders shares rise in Frankfurt after SVB deal
LONDON (Reuters) - The Frankfurt-listed shares of several mid-tier U.S. lenders rose sharply on Monday, after a buyer emerged for large chunks of embattled Silicon Valley Bank's deposits and loans, wh...
Mar 27, 2023
Largest strike in decades leaves Germany at a standstill
BERLIN/FRANKFURT (Reuters) - Airports and bus and train stations across Germany were at a standstill on Monday morning, disrupting millions of commuters and travellers at the start of the work week du...
Mar 27, 2023
Aussie start-up firm SafetyCulture appoints Tesla Chair as director
(Reuters) - Australian technology firm SafetyCulture on Monday said it has appointed Robyn Denholm, chair of electric vehicle maker Tesla Inc, as a director to its board. Blackbird Ventures-backed Saf...
Mar 27, 2023
SVB deal soothes broader markets, but default stress haunts banks
By Anirban Sen and Renju Jose (Reuters) -A buyer for large chunks of Silicon Valley Bank's deposits and loans helped cast an uneasy calm over fragile markets on Monday, which have been roiled by worri...
Mar 27, 2023
Alibaba founder Jack Ma returns to China for school visit – SCMP citing sources
BEIJING (Reuters) - Alibaba founder Jack Ma has returned to China and visited a school he founded in the city of Hangzhou, the South China Morning Post reported on Monday, citing sources. Ma, who is a...
Mar 27, 2023
First Citizens Bank to buy SVB’s deposits, loans from FDIC
(Reuters) - First Citizens Bank & Trust Co will buy all of Silicon Valley Bank's deposits and loans from the Federal Deposit Insurance Corporation (FDIC), the regulator said in a statement. (Reporting...
Mar 27, 2023
Peoria, IL, USA
54 °F Overcast
