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Japanese banks slide as SVB contagion fear rattles markets
SINGAPORE (Reuters) - Asia's share markets slid on Tuesday, with Japan's financial stocks leading losses as fear of a U.S. banking crisis gripped investors ahead of crucial inflation data due later in...
Syndicated Content Mar 13, 2023
Oil prices edge lower as SVB collapse spooks financial markets
By Stephanie Kelly (Reuters) - Oil prices slipped on Tuesday, extending the previous day's slide, as the collapse of Silicon Valley Bank startled equities markets and raised worries about a fresh fina...
Syndicated Content Mar 13, 2023
Global bank stock rout deepens as SVB collapse fans crisis fears
By Trevor Hunnicutt, Alun John and Rae Wee (Reuters) - Shockwaves from the collapse of Silicon Valley Bank pounded global bank stocks further on Tuesday as assurances from President Joe Biden and othe...
Syndicated Content Mar 13, 2023
China’s BYD denies media report on Tesla ending battery supply cooperation
SHANGHAI (Reuters) - Chinese electric vehicle and battery maker BYD Co Ltd on Tuesday said a media report saying U.S. peer Tesla Inc is ending cooperation on battery supplies is false. The Korean Econ...
Syndicated Content Mar 13, 2023
Australia business activity strong in Feb, even as confidence wanes
SYDNEY (Reuters) - Australian business conditions remained resilient in February with sales and employment strong, even as confidence took a turn for the worse amid high inflation and rising interest ...
Syndicated Content Mar 13, 2023
California court rules drivers can be contractors in win for Uber, Lyft- WSJ
(Reuters) - A California court ruled on Monday that companies such as Uber and Lyft could keep their independent-contractor model for drivers in a boost for the ride-hailing services, the Wall Street ...
Syndicated Content Mar 13, 2023
Australia consumer mood stuck in the doldrums in March
SYDNEY (Reuters) - Australian consumer sentiment stayed stuck at historically depressed levels in March amid concerns over inflation and interest rates, a survey showed on Tuesday, with the appetite f...
Syndicated Content Mar 13, 2023
Venture capitalists weigh ‘long-shot plan’ to preserve parts of SVB -FT
(Reuters) - Venture capital firms are working on a "long-shot plan" to preserve parts of Silicon Valley Bank (SVB) in a move to keep servicing their clients in the technology sector, the Financial Tim...
Syndicated Content Mar 13, 2023
Etsy, other e-commerce companies feel squeeze of SVB collapse
By Arriana McLymore and Doyinsola Oladipo NEW YORK (Reuters) - Etsy on Monday resumed payments to merchants with Silicon Valley Bank accounts after the e-commerce platform paused their payouts over th...
Syndicated Content Mar 13, 2023
Analysis-Legal challenges could delay Alaska’s Willow oil project
By Clark Mindock and Timothy Gardner WASHINGTON (Reuters) - The oil industry on Monday cheered the U.S. government's greenlighting of ConocoPhillips' multibillion-dollar oil drilling project in Alaska...
Syndicated Content Mar 13, 2023
Peoria, IL, USA
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