Nord Stream blast inquiries ongoing, Denmark, Sweden, Germany tell UN

[ad_1] UNITED NATIONS/COPENHAGEN, Feb 21 (Reuters) – Investigations by Denmark, Germany and Sweden into explosions on the Nord Stream gas pipelines have not yet concluded, the three countries said on…

Forty US senators join push for tougher stance over China’s treatment of Hong Kong

[ad_1] WASHINGTON, March 15 (Reuters) – Forty of the 100 U.S. senators co-sponsored a resolution on Wednesday urging a strong U.S. government response to any Chinese efforts to clamp down…

Exclusive: SVB Financial explores bankruptcy as option for asset sales -sources

[ad_1] March 15 (Reuters) – SVB Financial Group (SIVB.O), the company whose former subsidiary Silicon Valley Bank was taken over by U.S. banking regulators last week, is exploring seeking bankruptcy…

Novo Nordisk to slash US insulin prices, following move by Eli Lilly

[ad_1] March 14 (Reuters) – Novo Nordisk (NOVOb.CO) said on Tuesday it would cut U.S. list prices for several insulin products by up to 75% next year, joining rival Eli…

U.S. prosecutors probing collapse of Silicon Valley Bank

[ad_1] March 14 (Reuters) – U.S. prosecutors are investigating the collapse of Silicon Valley Bank, according to a source familiar with the matter, as scrutiny mounts over the firm’s sudden…

German court throws out Rosneft suit over Schwedt control

[ad_1] Germany to extend trusteeship of Rosneft assets Court: reasoning for trusteeship decision was sound Rosneft cannot appeal decision LEIPZIG, Germany/FRANKFURT, March 14 (Reuters) – A court on Tuesday threw…

Swiss regulator monitoring banks and insurers after SVB collapse

[ad_1] ZURICH, March 13 (Reuters) – Swiss financial regulator FINMA on Monday said it was seeking to identify any potential contagion risks for the country’s banks and insurers following the…

Credit risk surges as investors fear bank failures threaten markets

[ad_1] NEW YORK, March 13 (Reuters) – Credit risk indicators flashed red on Monday, as investors worried about contagion risks across corporate debt markets after the collapse of Silicon Valley…

Biden administration approves massive Willow oil project in Alaska

[ad_1] LOS ANGELES/WASHINGTON, March 13 (Reuters) – The Biden administration is approving a scaled-back version of ConocoPhillips’ (COP.N) $7 billion oil and gas drilling Willow project in Alaska, the U.S.…

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…