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…

Bank of London weighs rescue bid for Silicon Valley Bank’s UK arm – Sky News

[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…

Globalisation to be reshaped by US-China power tussle, impacting supply chains, says Singapore DPM

[ad_1] SINGAPORE, March 11 (The Straits Times/ANN): As tensions between the US and China escalate, globalisation will be reshaped by the competition between these superpowers. And this could affect global…

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) –…

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…

Meta explores strategic alternatives for Kustomer business-software firm

[ad_1] March 10 (Reuters) – Meta Platforms Inc (META.O) said on Friday it is exploring strategic alternatives for customer service company Kustomer that it acquired in a process ending last…

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…

Wall St Week Ahead: Inflation data on deck for markets hit by worries about Fed, banks

[ad_1] NEW YORK, March 10 (Reuters) – A critical inflation report next week will test a U.S. stock market already consumed by worries over Federal Reserve hawkishness and potential fallout…

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…