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US Federal Reserve watchdog launches probe of SVB supervision By Reuters
Stock Market

US Federal Reserve watchdog launches probe of SVB supervision By Reuters

© Reuters. FILE PHOTO: A customer is escorted into the Silicon Valley Bank headquarters in Santa Clara, California, U.S., March 13, 2023. REUTERS/Brittany Hosea-Small/File Photo

U.S. charges FTX's Bankman-Fried with paying $40 million Chinese bribe By Reuters
Finances

U.S. charges FTX’s Bankman-Fried with paying $40 million Chinese bribe By Reuters

© Reuters. FILE PHOTO: Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, departs from his

Russian embassy says US wants to play down involvement in Nord Stream blasts By Reuters
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Russian embassy says US wants to play down involvement in Nord Stream blasts By Reuters

© Reuters. FILE PHOTO: The logo of the Nord Stream 2 gas pipeline project is seen on a pipe at the Chelyabinsk pipe rolling plant

European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

Pakistan PM says IMF wants external financing commitments met before it releases funds By Reuters

© Reuters. FILE PHOTO: People wait for their turn to get fuel at a petrol station in Peshawar, Pakistan January 30, 2023. REUTERS/Fayaz Aziz By

Biden says White House response to banking stress is 'not over yet' By Reuters
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Biden says White House response to banking stress is ‘not over yet’ By Reuters

© Reuters. U.S. President Joe Biden delivers remarks at semiconductor manufacturer Wolfspeed in Durham, North Carolina, U.S., March 28, 2023. REUTERS/Jonathan Ernst By Andrea Shalal

First Citizens agrees to buy collapsed Silicon Valley Bank By Reuters
Finances

Analysis-Pressure builds on Egypt to devalue currency further By Reuters

© Reuters. FILE PHOTO: An employee counts Egyptian pounds at a foreign exchange office in central Cairo, Egypt, March 20, 2019. REUTERS/Mohamed Abd El Ghany

Microsoft offers to change cloud practices to ward off EU antitrust probe -source By Reuters
Finances

Microsoft offers to change cloud practices to ward off EU antitrust probe -source By Reuters

© Reuters. FILE PHOTO: Smartphone is seen in front of Microsoft logo displayed in this illustration taken, July 26, 2021. REUTERS/Dado Ruvic/Illustration/File Photo By Foo

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

US consumer finance chief calls for better risk management at banks, fintechs By Reuters

© Reuters. FILE PHOTO: U.S. President Joe Biden listens as Rohit Chopra, Director of the Consumer Financial Protection Bureau, speaks from an auditorium on the

Lululemon projects upbeat 2023 on strong demand, easing inventory By Reuters
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Lululemon projects upbeat 2023 on strong demand, easing inventory By Reuters

© Reuters. FILE PHOTO: A Lululemon sign is seen at a shopping mall in San Diego, California, U.S., November, 23, 2022. REUTERS/Mike Blake By Deborah

Brazil's Haddad says fiscal framework will be announced this week By Reuters
Finances

Brazil’s Haddad says fiscal framework will be announced this week By Reuters

© Reuters. FILE PHOTO: Brazil’s Finance Minister Fernando Haddad attends a meeting with mayors in Brasilia, Brazil March 13, 2023. REUTERS/Adriano Machado/File Photo BRASILIA (Reuters) – Brazil’s