[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…
Tag: EMRG
Italy’s Eni and CFS speed up plans for fusion energy
[ad_1] MILAN, March 9 (Reuters) – Italian energy group Eni (ENI.MI) and U.S.-based Commonwealth Fusion System (CFS) signed a new collaboration agreement on Thursday to accelerate the industrialisation of nuclear…
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…
EU warms to unlocking stalled Mercosur trade deal
[ad_1] STOCKHOLM, March 10 (Reuters) – The European Union is warming to the idea of concluding a major free trade deal with Brazil and its Mercosur neighbours, with “decisive progress”…
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…
Media mogul Bloomberg eyes Dow Jones or Washington Post acquisition, no talks yet
[ad_1] Dec 23 (Reuters) – Michael Bloomberg has not reached out to Rupert Murdoch to discuss a possible acquisition of Dow Jones from News Corp, two sources familiar with the…