Authorities are trying to secure the sale of struggling First Republic Bank before a government takeover The Federal Deposit Insurance Corporation (FDIC), a principal federal regulator...
A local buyer is reportedly eyeing the US conglomerate’s share in a St. Petersburg shopping mall US investment bank Morgan Stanley is looking to sell its...
Poland, Romania, and Hungary are now among the largest emerging-market borrowers, the outlet reports Countries in Eastern Europe have borrowed some $32 billion so far this...
Asia’s fourth biggest economy might have its own payment system ready next month, according to RIA Novosti The Bank of Indonesia will launch its domestic card...
Orders in March shrank by more than 25% against last year, dropping for a seventh consecutive month The global hi-tech hardware powerhouse, Taiwan, has seen its...
Venezuela has struggled with multiple restrictions since Washington declared it a “threat to national security” in 2015 Venezuela has lost around $29 billion a year since...
Data on China’s gross domestic product (GDP) published this week revealed that the country’s economy grew by 4.5% in the first quarter of 2023, beating expectations....
Janet Yellen was asked by CNN what reaction ‘weaponization’ of the dollar may trigger globally The role of the US dollar as the world reserve currency...
US commercial property will be the next domino to fall after the banking crisis, the Wall Street bank warns Morgan Stanley Wealth Management has predicted a...
The EU has not secured enough long-term contracts for liquefied natural gas (LNG) to replace discontinued pipeline supplies from Russia, and is facing the prospect of...
The move suggests that restoring the pipeline has not been ruled out, sources say Two major German insurance companies have renewed coverage of the damaged Nord...
The country has been suffering from rolling blackouts for years South African President Cyril Ramaphosa has offered solutions to tackle a severe electricity crisis, as the...
New Delhi is seeking to substantially boost the nation’s exports by 2030 India’s central government has unveiled its new Foreign Trade Policy, which is expected to...
3M is reportedly selling its assets in the country American industry and safety equipment giant 3M is in talks to sell its assets in Russia to...
The two BRICS nations will now reportedly trade in their own currencies Beijing and Brasilia have signed an agreement on trade in mutual currencies, abandoning the...
The lenders are suspected of helping investors avoid paying taxes on dividends The Paris offices of five major banks were searched on Tuesday amid a probe...
Credit Suisse violated its own 2014 plea agreement, US lawmakers have claimed Swiss bank Credit Suisse is complicit in an ongoing scheme by wealthy Americans to...
The NSA claims the video-sharing app poses a cybersecurity threat The head of the US National Security Agency’s cybersecurity unit described TikTok as China’s “Trojan horse”...
Washington is reportedly pushing for the ceiling to stay at $60 per barrel The US has opposed calls by some EU member states to lower the...
The West African country is seeking to raise crude reserves to 50 billion barrels, a state oil firm has said The Nigerian National Petroleum Corporation (NNPC)...
