Norway Sovereign Fund Expects To Recover Some SVB Debt Investment
OSLO (Reuters) – Norway’s sovereign wealth fund said on Monday it expects to recover some of the investment it made…
2023
Investors Bet More On The Bank Of England Pausing Rate Hikes
LONDON (Reuters) – Investors bet more heavily on Monday on the possibility that the Bank of England will halt its…
Russia Adding IKEA, Lancome And Other Luxury Goods To Parallel Import List
MOSCOW (Reuters) – Russia’s industry ministry said on Monday it was expanding its list of brands that can be imported…
Analysis-As Banks Break, Markets Hear The Sound Of Peaking Rates
By Tom Westbrook SINGAPORE (Reuters) – Investors scrambled to pull down global rate expectations on Monday and abandoned wagers on…
After SVB Failure, US Acts To Shore Up Banking System Confidence
By Andrea Shalal, Howard Schneider and Pete Schroeder WASHINGTON/SINGAPORE (Reuters) – U.S. authorities launched emergency measures on Sunday to shore…
Silicon Valley Exhales After US Intervenes In SVB Collapse
By Krystal Hu, Anna Tong, Jeffrey Dastin and Greg Bensinger (Reuters) – A wave of relief swept over Silicon Valley…
Caterpillar Union Workers Vote In Favor Of Six-year Labor Agreement
By Bianca Flowers and Mrinmay Dey (Reuters) -The United Auto Workers (UAW) union said members at four local chapters working…
Oil Prices Slip As Concerns Over Rate Hikes Rattle Investors
BEIJING (Reuters) – Oil prices slipped in Monday Asian morning trade as concerns about possible further U.S. interest rate hikes…
Signature Bank Becomes Next Casualty Of Banking Turmoil After SVB
By Hannah Lang and Nupur Anand (Reuters) -State regulators closed New York-based Signature Bank on Sunday, the third largest failure…
SVB Collapse Puts Fed’s Faith In A Strong, Low-risk Financial System To The Test
By Howard Schneider WASHINGTON (Reuters) -Earlier this month the U.S. Federal Reserve in a report to Congress gave what has…