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Silicon Valley Bank is Largest Failure Since 2008 Crisis, Billions Stranded

Startup-focused lender SVB Financial Group became the largest bank to fail since the 2008 financial crisis on Friday, in a sudden collapse...

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Dollar Edges Lower Ahead of Payrolls; yen Weakens After BOJ Stands pat

The U.S. dollar edged lower in early European trade Friday ahead of the key monthly jobs report, and the yen weakened after the Bank of...

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Aviva Hits Seven-Month High On New Buyback, Raised Dividend Outlook

The U.K. asset manager and insurer said it is confident of its ability to continue generating surplus cash and expects to pay out around...

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Asian Stocks Slip On Weak Chinese Data, Fed jitters Persist

Most Asian stocks edged lower on Thursday as weaker-than-expected Chinese inflation data pointed to a sluggish economic recovery in the...

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Shell, Chevron And Petrobras Weigh Guyana Oil Auction Bids -Sources

Guyana’s coming auction of offshore oil exploration blocks has lured at least 10 companies including Shell (LON:RDSa), Petrobras and...

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Gold Prices Mixed, Copper Sinks On Weak China GDP Target

Gold prices were mixed on Monday amid some uncertainty over U.S. monetary policy, while copper prices retreated sharply as major importer...

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Oil Prices Dip, But Eye Positive Week On Chinese Demand Bets

Oil prices fell slightly on Friday as traders weighed the prospect of more economic headwinds from rising interest rates, although renewed...

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Asia FX Muted Amid Fed jitters, Chinese Yuan Outperforms For The Week

Most Asian currencies were muted on Friday amid growing concerns over the path of U.S. monetary policy, while the Chinese yuan was among...

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Merck KGaA Expects 2023 Profit to Slip As COVID Demand Wanes

Germany’s Merck KGaA on Thursday predicted 2023 earnings would slip due to a decline at its electronic chemicals unit and a drop in...

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SpaceX Ready To Retry Launching NASA’s Next Space Station Crew

Elon Musk’s rocket company SpaceX was ready to try again at sending NASA’s next long-duration crew of the International Space...

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