Markets slump Friday as investors grapple with banking fallout, rate uncertainty

[ad_1] TORONTO — Financial markets have flip-flopped all week as a global crisis in confidence over the banking sector has led to a dramatic shift in expectations for central banks’…

FTSE 100 takes £75bn hit as Europe becomes new focus of Silicon Valley Bank fallout

[ad_1] Financial and stocks linked to economic growth all suffer as worries intensify over a major European lender’s balance sheet and investors ponder what another big rate rise would mean…

Politics news – latest: Dominic Raab repeatedly dodges questions on bullying probe; fallout to NHS pay breakthrough as unions digest offer

[ad_1] Anneliese Dodds, the chair of the Labour Party, has told Sky News that “really serious action” needs to be taken to protect victims of domestic violence. She was asked…

Southeast Asia VC firms could see a larger impact from SVB fallout than startups

[ad_1] SINGAPORE — Compared to startups, Southeast Asia’s venture capital firms could see a bigger impact from the collapse of Silicon Valley Bank because finding a replacement for the U.S.-based…

Homebuilders say demand is rising, but they’re concerned about banking fallout

[ad_1] Construction workers work on a home, as a subdivision of home is built in San Marcos, California, January 31, 2023. Mike Blake | Reuters Mortgage rates are high and…

Norfolk Southern reaches new paid sick leave deal as it contends with derailment fallout

[ad_1] A Norfolk Southern Corp. engine car moves through the Lamberts Point coal transloading facility in Norfolk, Virginia, on Wednesday, March 17, 2010. Andrew Harrer | Bloomberg | Getty Images…

Bain Capital’s Connaughton says SVB fallout will weigh on banks

[ad_1] NEW YORK, March 15 (Reuters) – Bain Capital’s co-managing partner, John Connaughton, told Reuters on Wednesday that the fallout from SVB Financial Group’s (SIVB.O) collapse will weigh on banks…

‘Layoffs on everyone’s minds’: Some Singapore tech workers fear fallout after more job cuts at Meta

[ad_1] SINGAPORE — The latest round of job cuts at Meta have led some workers in the technology field here, including one Apple employee, to fear for their job security.…

Freefall of Credit Suisse renews fears of crisis after SVB fallout

[ad_1] Shares of embattled Credit Suisse lost more than one-quarter of their value on Wednesday, leading the fall in European bank stocks that tumbled on renewed investor concerns about stresses…

Oil prices continue slump in fallout from Silicon Valley Bank shutdown

[ad_1] Oil prices fell more than $2 a barrel on Tuesday to their session’s low, extending the previous day’s slide, as the collapse of…