[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…
Tag: BISV08
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…
Bank of England seeks to wind up Silicon Valley Bank’s UK arm
[ad_1] LONDON, March 10 (Reuters) – The Bank of England said on Friday that it was seeking a court order to place Silicon Valley Bank UK Limited into an insolvency…
Wall St Week Ahead: Inflation data on deck for markets hit by worries about Fed, banks
[ad_1] NEW YORK, March 10 (Reuters) – A critical inflation report next week will test a U.S. stock market already consumed by worries over Federal Reserve hawkishness and potential fallout…
Octopus Energy to invest 1 bln euros in French green energy market
[ad_1] LONDON, March 10 (Reuters) – British energy supplier Octopus Energy said on Friday it will invest 1 billion euros ($1.1 billion) in the French green energy market over the…
First Republic, Western Alliance calm contagion worries from SVB meltdown
[ad_1] March 10 (Reuters) – U.S. lenders First Republic Bank (FRC.N) and Western Alliance (WAL.N) said on Friday their liquidity and deposits remained strong, calming investors worried of a spill-over…
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…
Cathie Wood’s ARK Fund set for worst week since Sept as higher rates loom
[ad_1] NEW YORK, March 10 (Reuters) – Big declines in holdings including Tesla Inc and 2U Inc are leaving star stock picker Cathie Wood’s flagship ARK Innovation Fund (ARKK.P) on…