NewsBusiness and Economy Multinational investment bank UBS has reportedly asked the Swiss government to cover about $6bn in costs if it was to buy rival Credit Suisse. Authorities are scrambling to resolve a crisis of […]
The largest banks in the United States have moved to shore up First Republic Bank in an effort to ease fears that the regional lender could be the next domino to fall after the second-largest […]
Daily Standup Top Stories Biden’s 30% Crypto Electricity Tax May Be Too Blunt A Solution CRYPTO March 15, 2023 In his latest budget for Fiscal Year 2024, President Biden has proposed a new tax on electricity use […]
? Hello and welcome to Energy News Weekly! Today, we’re breaking down the collapse of Silicon Valley Bank and what it means for the climate tech startups and community solar financers that depended on it. […]
Stock market indexes headed sharply lower in the first half of Wednesday’s session, sending bottom-fishers back to their caves after Tuesday’s short-covering rally. Big Tech outperformed in a “not a bank” bid, leading a late […]
Saudis fold – refuse to throw any more money at Credit Suisse Credit Suisse stock hits record low Credit Suisse 1Y CDS explodes as counterparty risk hedging soars Credit Suisse execs urged a “show of […]
Front-month gas futures for April delivery dropped for a second-straight session, slipping 14.5 cents, or 5.6%, to $2.428 per million British thermal units at 10:42 am EDT (1442 GMT). “Concerns about the banking sector and […]
The United States government launched emergency measures at the weekend to shore up confidence in the banking system after the failure of Silicon Valley Bank (SVB), the largest bank collapse since the 2008 financial crisis. […]
In a harsh blow to an already-reeling sector, Moody’s Investors Service cut its view on the entire banking system to negative from stable. The firm, part of the big three rating services, said Monday it […]
Inflation in the South American country of Argentina has risen past 100 percent for the first time since 1991, according to the government’s latest consumer price index. The National Institute of Statistics and Census (INDEC) […]
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