[ad_1] ROME, March 13 (Reuters) – Italy’s Economy Minister Giancarlo Giorgetti is closely watching market developments following the collapse of the Silicon Valley Bank (SVB), the ministry said on Monday,…
Tag: TOPNWS
Malaysia’s Petronas posts higher Q4 profit, sees lower oil prices in 2023
[ad_1] KUALA LUMPUR, March 13 (Reuters) – Malaysia’s state oil firm Petroliam Nasional Berhad (PETR.UL) on Monday posted a 55% jump in quarterly profit on higher energy prices and bigger…
Credit Suisse shares hit new low
[ad_1] ZURICH, March 13 (Reuters) – Credit Suisse (CSGN.S) shares hit a new record low in morning trading on Switzerland’s stock exchange. Bank shares in Europe and Asia plunged on…
Mexican unicorn Clara bags $90 mln in debt financing amid Brazil expansion
[ad_1] SAO PAULO, March 13 (Reuters) – Mexican unicorn Clara has secured $90 million in fresh debt funding led by U.S. debt provider Accial Capital, the company announced on Monday,…
Nearly 3 mln Malawian children to get polio shot after rare outbreak
[ad_1] LILONGWE, March 3 (Reuters) – Medics will vaccinate about 2.9 million young children against polio in Malawi, the United Nations said on Thursday, after a three-year-old girl fell sick…
Regulator takes control of Silicon Valley Bank’s Canadian branch
[ad_1] March 12 (Reuters) – A Canadian banking regulator on Sunday said it was taking temporary control of Silicon Valley Bank’s (SIVB.O) unit in the country, as the fallout from…
Vodafone targets some 1,000 jobs cuts in Italy – union officials
[ad_1] MILAN, March 9 (Reuters) – Vodafone (VOD.L) is looking to cut about 1,000 jobs in Italy as part of a larger cost saving plan the telecoms giant is pursuing…
Exclusive: Deutsche Bahn bets on Huawei for railway digitalisation despite security concerns
[ad_1] DB chooses Huawei tech for digitalisation of rail network Critics worry could allow Beijing to disrupt railway Comes amid calls to make critical infrastructure more resilient Berlin soon to…
US preparing to stem SVB fallout with ‘material action’-sources
[ad_1] NEW YORK, March 12 (Reuters) – U.S. authorities were preparing “material action” on Sunday to shore up deposits in Silicon Valley Bank and stem any broader fallout from its…
Aramco’s Nasser says oil market tightly balanced
[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…