Adani group prepays $2.15 billion share-backed loans
Adani Group said it had completed full prepayment of margin-linked share-backed financing worth $2.15 billion as part of its debt prepayment plan, before its deadline…
Ukraine: Swiss president defends neutrality, Ukraine arms ban
GENEVA: Swiss neutrality is more important than ever, President Alain Berset said in an interview published Sunday, defending the controversial ban on transferring Swiss-made arms…
fdic: FDIC auction for failed SVB underway, final bids due Sunday
The Federal Deposit Insurance Corp. kicked off an auction process late Saturday for Silicon Valley Bank, with final bids due by Sunday afternoon, according to…
Covid: Pandemic 3 years later: Has the Covid-19 virus won?
On the third anniversary of the Covid-19 pandemic, the virus is still spreading and the death toll is nearing 7 million worldwide. Yet most people…
California: As atmospheric river exits, another awaits to hit California
WATSONVILLE: Wet, miserable weather continued across huge swaths of California on Sunday as an atmospheric river that caused major flooding flowed eastward and makes way…
SIBC signs MoU in sustainable infra, defence manufacturing with Maha govt
Sweden India Business Council has signed a memorandum of understanding with the Maharashtra government for cooperation in the area of waste to energy, sustainable infrastructure…
A timeline of how Silicon Valley Bank collapsed in just 48 hours
The financial world woke up to the shocking news of Silicon Valley Bank being shut down on Friday. The collapse of the 16th largest lender…
US treasury secretary says no federal bailout for Silicon Valley Bank
Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are…
I bought SVB shares at low prices, but then…: How Torre’s CEO lost savings
Silicon Valley Bank’s (SVB) failure has shocked the global financial market, and depositors are concerned of their funds trapped in the failed institution. With the…
Saudi unveils new airline Riyadh Air to compete with Gulf rivals
Saudi Arabia announced Sunday the creation of a new national airline, part of a plan to turn Riyadh into a global aviation hub rivalling regional…