Zurich: UBS Group AG agreed to buy Credit Suisse Group AG in a historic, government-brokered deal aimed at containing a crisis of confidence...
Zurich: UBS Group AG agreed to buy Credit Suisse Group AG in a historic, government-brokered deal aimed at containing a crisis of confidence...
As concerns mount over soaring temperatures in India and the impact on growth, a key adviser to Prime Minister Narendra Modi says the...
President Joe Biden urged Congress to approve measures enacting tougher punishments on banking executives if mismanagement contributed to their institutions failing, following the...
California: The parent of Silicon Valley Bank filed for Chapter 11 bankruptcy a week after the tech-focused bank failed and was seized by...
TOKYO: Tokyo stocks dropped Thursday morning as concerns about the financial system spread to Europe, with concerns growing over the health of a...
San Francisco: Meta on Thursday released a framework for exposing and combating malicious online campaigns from election lies to terrorist recruitment. A paper...
Credit SuisseGroup AG shares surged as much as 40% after Switzerland’s central bank stepped in to support the lender, triggering a rally in...
Hamburg: German auto giant Volkswagen on Wednesday unveiled a new budget electric vehicle, as the competition in the EV sector revs up. The...
T-Mobile US Inc. is buyingMintMobile, the budget wireless provider part owned by actor Ryan Reynolds, for as much as $1.35 billion in an...
Detroit: Honda is recalling a half-million vehicles in the U.S. and Canada because the front seat belts may not latch properly. The recall...
Concerns about Silicon Valley Bank’s failure are "extremely unlikely” to spread to Japan, according to the nation’s top regional banker. Renewed worries about...
Facebook owner Meta Platforms Inc. plans to lay off around 10,000 employees and close about 5,000 additional open roles in its second major...
London: HSBC has emerged as a white knight for the UK arm of Silicon Valley Bank, which collapsed at the end of last...
Ontario: Volkswagen announced on Monday it plans to build a major plant for electric vehicle batteries in Canada. The European automaker said the...
WILMINGTON, Delaware: Treasury Secretary Janet Yellen said on Sunday that the federal government would not bail out Silicon Valley Bank, but is working...
Bitcoin is having its worst week since November as an equity selloff, jitters in the banking sector and an escalating US regulatory crackdown...
NEW YORK: The U.S rushed to seize the assets of Silicon Valley Bank on Friday after a run on the bank, the largest...
MADRID: Ford Motor Co. announced on Friday that it will cut around 1,100 jobs at its plant in the eastern Spanish city of...
