Month: March 2023

Chairman warns of job losses after second ever full-year loss and 3% fall in sales at Waitrose John Lewis and ...

Banksy artwork in Kent ‘destroyed by contractors who had no idea it was by him’

‘It made me feel sick realising it was a Banksy’, a worker demolishing the building reportedly said An artwork created ...

Bank of America won big from the Silicon Valley Bank collapse

As startups and VCs scramble to get their money into safe hands following the collapse of Silicon Valley Bank, they’ve turned ...

Credit Suisse secures $54 bln lifeline as authorities rush to avert global bank crisis

Credit Suisse (CSGN.S) on Thursday said it would borrow up to $54 billion from the Swiss central bank to shore up liquidity and investor ...

Asian stocks fall after Wall Street sinks on new bank fears

Asian stock markets have tumbled after Wall Street sank as a plunge in Credit Suisse shares reignited worries about a ...

Housing costs ‘dominant factor’ in February inflation data as rents show signs of cooling

A cooldown in the housing market has started to spill into rents, though the latest inflation data out Tuesday showed housing costs ...

Amazon shows off new satellite internet antennas as it takes on SpaceX’s Starlink

Amazon revealed a trio of satellite antennas, as the company prepares to take on SpaceX’s Starlink with its own Project ...

SVB says Goldman Sachs was the buyer of the portfolio it booked losses on

SVB Financial Group (SIVB.O) said on Tuesday that Goldman Sachs Group Inc (GS.N) was the acquirer of a bond portfolio on which it booked ...

Samsung to invest $230 billion to build “mega” chip cluster