Garbage piles up in Paris as Macron vows to push through pension reform

[ad_1] PARIS, March 10 (Reuters) – Garbage piled up in Paris streets and fuel deliveries were blocked from refineries as workers continued rolling strikes against pension reform but President Emmanuel…

Exclusive: Chip equipment maker ASML’s suppliers eye Asia plants outside China amid tensions

[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…

Italy’s Serie A to discuss financing options for media business

[ad_1] Serie A clubs to review possible media business investment Review follows approaches from banks, private equity funds Some top club owners have expressed scepticism MILAN, March 9 (Reuters) –…

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…

Canada parliament questions Google execs over news-blocking test

[ad_1] OTTAWA, March 10 (Reuters) – Alphabet Inc’s Google (GOOGL.O) will stop blocking news articles from some Canadian users’ search results on March 16, a company executive told a Canadian…

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…

Yellen defends request for $29 bln increase in IRS enforcement funds

[ad_1] WASHINGTON, March 10 (Reuters) – U.S. Treasury Secretary Janet Yellen on Friday defended a Biden administration budget request for an additional $29.1 billion in IRS enforcement funds as Republicans…

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…