[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…
Tag: ASXPAC
Saudi sovereign wealth fund near $35 billion deal for Boeing jets, WSJ says
[ad_1] March 11 (Reuters) – Saudi Arabia’s Public Investment Fund (PIF) is close to a deal to order Boeing commercial jets for the fleet of a new national airline, the…
Exclusive: Chip equipment maker ASML’s suppliers eye Asia plants outside China amid tensions
[ad_1] HANOI/AMSTERDAM, March 10 (Reuters) – Suppliers to Dutch chip-making machines giant ASML Holding NV (ASML.AS) are considering building plants in Southeast Asia instead of China amid political tensions between…
Bank of London weighs rescue bid for Silicon Valley Bank’s UK arm – Sky News
[ad_1] March 11 (Reuters) – British clearing bank The Bank of London is considering a rescue bid for the UK arm of collapsed U.S. bank Silicon Valley Bank (SIVB.O), Sky…
Reactions to Silicon Valley Bank meltdown
[ad_1] March 10 (Reuters) – California banking regulators on Friday closed SVB Financial Group (SIVB.O), the largest bank failure since the financial crisis, moving quickly to protect depositors as a…
Shein, Temu in fierce fight over US market for $10 dresses
[ad_1] NEW YORK/SHANGHAI, March 9 (Reuters) – Online fast-fashion retailer SHEIN and its newer rival Temu are in a race to win shoppers’ attention for their inexpensive China-made goods. The…
SVB exploring sale as crisis triggers global banking rout
[ad_1] U.S., European banks sell off for second day Banks’ bond holdings in focus as central banks hike rates Treasury monitoring developments; investors fear ‘systemic risk’ SVB memo tells employees…
Russia’s Avilon to buy Volkswagen’s Kaluga factory – RBC news site
[ad_1] March 1 (Reuters) – Russia’s Avilon autodealer group is to buy Volkswagen’s (VOWG_p.DE) last Russian factory at Kaluga, business news site RBC reported on Wednesday, citing two unidentified sources.…
Apple supplier Foxconn replaces iPhone business chief- Bloomberg News
[ad_1] Jan 17 (Reuters) – Taiwan’s Foxconn (2317.TW) has appointed Michael Chiang as the new boss for its iPhone assembly business after a tumultuous year in China, Bloomberg News reported…