Fed report on SVB collapse could buoy shareholder lawsuits
By Jack Queen (Reuters) -A scathing Federal Reserve report on the collapse of Silicon Valley Bank released on Friday could…
May 1, 2023
The Road To First Republic Bank’s Collapse
(Reuters) – JPMorgan Chase & Co is buying most of First Republic Bank’s assets, which had been seized by United…
Explosion derails freight train in Russian border region – governor
(Reuters) – An explosion in a Russian region bordering Ukraine derailed a freight train on Monday, the local governor said…
Chinese tourists flock to gambling hub Macau for Labour Day holiday
By Joyce Zhou MACAU (Reuters) -Hundreds of thousands of mainland Chinese visitors have descended on the world’s biggest gambling hub…
Energizer, Walmart sued for conspiring to raise battery prices
By Jonathan Stempel NEW YORK (Reuters) -Energizer Holdings Inc and Walmart Inc have been sued by consumers and retailers in…
Paraguay’s conservatives score big election win, defusing Taiwan fears
By Lucinda Elliott and Daniela Desantis ASUNCION (Reuters) -Paraguayan conservative economist Santiago Pena, 44, won the country’s presidential election on…
Israeli forces kill Palestinian teen in West Bank raid, Palestinian officials say
By Ali Sawafta JERICHO, West Bank (Reuters) – Israeli forces shot dead a Palestinian teenager during a morning arrest raid…
Oil Drops As US Rate Hike Concern, Weak China Data Offset OPEC+ Cuts
By Alex Lawler LONDON (Reuters) -Oil fell on Monday as concern over the economic impact of the U.S. Federal Reserve…
U.S. Regulator Seizes First Republic Bank, To Sell Assets To JP Morgan
(Reuters) -The California Department of Financial Protection and Innovation (DFPI) said on Monday it had closed First Republic Bank and…
In flight from Sudan, refugees in Chad give birth alone without shelter
By Mahamat Ramadane KOUFROUN, Chad (Reuters) – At a refugee camp in remote eastern Chad, Amné Moustapha is close to…