Business

UBS shares sink after Credit Suisse buyout

Zurich, Switzerland | AFP | Monday 3/20/2023 UBS share price plunged on Monday as a deal to take over its…

Kuwait Oil Company declares ‘state of emergency’ after oil spill on land

Kuwait City, Kuwait | AFP | Monday 3/20/2023 The Kuwait Oil Company declared a "state of emergency" on Monday following…

Baidu shares fall after disappointing AI chatbot debut

Beijing, China | AFP | Thursday 3/16/2023 Chinese search engine company Baidu's shares fell as much as 10 percent on…

Sweden rediscovers poverty as inflation soars

  Stockholm, Sweden | AFP | by Viken KANTARCI It's not yet 6 am and dozens of homeless people are…

Argentina inflation exceeds 100%

Inflation in Argentina came in at 102.5 percent in the 12 months to February, exceeding the symbolic triple-digit mark and…

Lebanese pound hits historic low of 100,000 to dollar

The Lebanese pound sank to a historic low against the dollar on the parallel market Tuesday, the latest sombre milestone…

Asian markets sink as SVB contagion fears hit banking sector

Hong Kong, China | AFP | Tuesday 3/14/2023 Asian markets sank Tuesday, with banks bearing the brunt of the selling…

SVB collapse causes headaches for US Fed before rate decision

by Daniel AVIS The dramatic implosion of Silicon Valley Bank (SVB) last week could bring the Federal Reserve's current cycle…

Four days that shook the US banking system

by Thomas URBAIN The US banking system has been gripped in recent days by a series of convulsions that has…

After Saudi deal, Iran says hopes to restore Bahrain ties

  Iran said Monday it would welcome restoring ties with Bahrain to end seven years of ruptured relations, following a…

This website uses cookies.