Thousands of junior doctors in England walked out on Monday in three-day strike that will disrupt patient care, as they…
Biden administration to approve major oil project in Alaska
U.S. President Joe Biden’s administration will approve a major and controversial oil drilling project in Alaska on Monday, according to…
Biden says U.S. system is safe after banks collapse
U.S. President Joe Biden pledged on Monday to do whatever was needed to address a banking crisis threatened by the…
UK, Bank of England facilitate sale of SVB UK to HSBC
Britain’s finance minister Jeremy Hunt said the government and the Bank of England had facilitated a private sale of the…
Signature Bank in New York becomes next casualty of banking turmoil after SVB
The Federal Deposit Insurance Corporation (FDIC) took control of Signature, which had $110.36 billion in assets and $88.59 in deposits…
UK races to minimise damage from Silicon Valley Bank collapse
British finance minister Jeremy Hunt said on Sunday he was working with Prime Minister Rishi Sunak and Bank of England…
Cyprus and Saudi Arabia to step up promotion of investments between the two countries
Cyprus and Saudi Arabia have signed a Framework Cooperation Programme (FCP), making a new step in promoting investments between the…
France faces another day of nationwide protests against Macron’s pension plans
France faced a seventh day of demonstrations on Saturday against President Emmanuel Macron’s unpopular pension reform plans amid ongoing rolling…
Silicon Valley Bank is largest failure since 2008 crisis, billions stranded
Startup-focused lender SVB Financial Group SIVB.O became the largest bank to fail since the 2008 financial crisis on Friday, in…
Cypriot economy upgraded to BBB by Fitch rating agency
International rating agency Fitch upgraded Cyprus’ long-term credit rating by one notch to ‘BBB’ with a stable outlook. Fith cited…