Portugal’s plan to end its golden visa scheme for investors, yet to be officially approved, has led to a rush…
EU proposes power market revamp to blunt price spikes
The European Commission proposed changes to Europe’s electricity market rules on Tuesday, to try to increase the use of fixed-price…
Bitcoin jumps to highest since June as rally gathers pace
Bitcoin hit a nine-month high on Tuesday, taking gains past 30% in four days as it shrugged off chaos in…
Silicon Valley Bank collapse: What you need to know
Shockwaves from the collapse of Silicon Valley Bank pounded global bank stocks on Tuesday as assurances from President Joe Biden…
Global bank shares plunge on contagion fears
Global bank shares and short-dated U.S. Treasury yields plunged on Monday evening as concerns over fallout from the collapse of…
UK doctors begin three-day strike in pay dispute
Thousands of junior doctors in England walked out on Monday in three-day strike that will disrupt patient care, as they…
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…