SVB’s former parent may need new funding after $2 billion cash seizure
By Dietrich Knauth (Reuters) – Silicon Valley Bank’s former owner may need to take out a bankruptcy loan amid uncertainty…
Business
UK draws record 46.4 billion pounds of demand for new inflation-linked bond
By David Milliken LONDON (Reuters) – Britain received a record 46.4 billion pounds ($57.9 billion) in demand from investors at…
World Bank’s Malpass: debt assessments should reflect growing share of domestic debt
By Andrea Shalal WASHINGTON (Reuters) – Debt sustainability analyses carried out by the World Bank and International Monetary Fund should…
First Republic faces potential curb on borrowing from Fed – Bloomberg News
(Reuters) -U.S. bank regulators are weighing the prospect of downgrading their private assessments of First Republic Bank, which could lead…
Refinitiv data shows smaller decline in U.S. earnings view
By Caroline Valetkevitch NEW YORK (Reuters) – The estimated decline in first-quarter S&P 500 earnings is getting smaller as more…
U.S. and South Korea agreed to boost economic partnerships in chips, EVs, batteries
WASHINGTON (Reuters) – South Korea and the U.S. agreed to boost economic partnerships in critical technology industries such as microchips,…
U.S. DOT says Republican budget plan would cut rail inspections, shut air traffic towers
WASHINGTON (Reuters) – The U.S. Department of Transportation (DOT) on Wednesday said a Republican budget cut proposal would shut down…
Chipotle Mexican Grill stock heats up to record high after strong results
By Chibuike Oguh NEW YORK (Reuters) – Shares of Chipotle Mexican Grill Inc soared to a record high on Wednesday…
Fox announces new unit to house digital businesses
(Reuters) – Media company Fox Corp on Wednesday said it would house its standalone digital businesses under a new unit,…
Deutsche Bank overhauls board as U.S. head Riley joins Santander
By Tom Sims FRANKFURT (Reuters) – Deutsche Bank is undertaking its biggest management shake-up since 2019, the German bank said…