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Silicon Valley Bank: No losses will be borne by taxpayers, Biden says
President Biden said Americans should remain confident in the banking system following the collapse of Silicon Valley Bank and Signature Bank.
President Biden said Americans should remain confident in the banking system following the collapse of Silicon Valley Bank and Signature Bank.
Morten Brandtzæg, the CEO of Nammo, told the Financial Times that the demand for artillery rounds was 15 times higher than normal.
Chancellor Jeremy Hunt’s pension reforms will fail to get over-50s who have already retired back to work, experts have warned.
I’m worried about the rising cost of living and if I spent the money I may not have enough income
A former Fox News staffer says she was pressured into giving false answers in a deposition for Dominion's blockbuster lawsuit.
Windfall taxes mean oil and gas producers in the British North Sea will likely leave 500 million barrels of oil equivalent in the ground over the next decade, the equivalent of one year's output in the ageing basin, industry group OEUK said on Tuesday. Over the past year, Britain has introduced windfall taxes on oil and gas as well as on renewables, which companies say stifles investment and in turn will likely increase Britain's dependence on imported fuels and derail its climate targets. In the oil and gas sector, the taxes are likely to result in reduced investment of between 3 billion to 5 billion pounds ($3.67 billion to $6.12 billion) over the next decade or so, Offshore Energies UK (OEUK) market intelligence manager Ross Dornan told reporters.
AN ILLEGAL scrap metal carrier has been handed a criminal behaviour order banning her from intimidating waste workers.
We asked them a simple question: How much do you pay into a private pension? The answers that came back were stark
Russian officials said the sales to friendly countries have offset the impact of Western oil sanctions imposed since the invasion of Ukraine.
Sales at Waitrose have grown at the fastest rate in 18 months in a boost for owner John Lewis as it battles to raise money.
A ‘best-selling’ computer company is coming to Southampton next month – but only for two days.
An engineer was unfairly sacked after flouting lockdown rules to drive 220 miles in a company car and top up £50 in petrol on his work card, a tribunal has ruled.
Warehouse workers around the world are frantically checking to see that bags of nickel really contain nickel, Bloomberg reported.
A new type of post office is being trialled at a south Essex corner shop from this week.
A sex therapist embroiled in a £2m court clash over claims she stole clients from a rival's business by hijacking her online profile has blamed a "quirk of the Google algorithm" for the drama.
The Fox News producer who sued the network last week alleging she was "conditioned and coerced" to give false testimony in the billion-dollar defamation lawsuit brought by Dominion Voting Systems has now been fired, according to amended complaints filed on Monday morning. In amended complaints filed in Delaware and New York Monday morning, former Fox News producer Abby Grossberg expanded on her earlier complaints, alleging that Fox News attorneys directed her to testify during her deposition in a way that would "inculpate" her and host Maria Bartiromo while "exculpating ... certain blame worthy male colleagues." "Ms. Grossberg's deposition testimony, as manufactured by Fox News, put Ms. Grossberg and Ms. Bartiromo squarely on the frontline of the Dominion/Fox Lawsuit so they could be scapegoated as sacrificial female lambs," the complaint alleges.
Some of Cath Kidston’s 125 staff will be made redundant because of the closures
Higher interest rates, depressed occupancy levels, tighter lending, and pressure on asset prices could fuel defaults and hit smaller banks, Musk said.
The U.S. Attorney's Office for the Southern District of New York and the Office of the U.S. Trustee, the Department of Justice's (DOJ) bankruptcy watchdog, filed appeals in early March over a bankruptcy court's approval of the sale. U.S. District Judge Jennifer Rearden in Manhattan ruled Monday that the sale should be put on hold, overruling Voyager's argument that a delay could cause Binance.US to back out of the deal entirely. Binance.US and Voyager did not immediately respond to requests for comment late on Monday.
A federal district court judge has upheld the approval of a $2.4 billion bankruptcy reorganization plan aimed at resolving tens of thousands of child sexual abuse claims against the Boy Scouts of America. The ruling docketed Tuesday rejects arguments by non-settling insurance companies and attorneys representing dissenting abuse survivors that the reorganization plan was not proposed in good faith and improperly strips the insurers and survivors of their rights. The ruling follows a September decision in which U.S. Bankruptcy Judge Laurie Selber Silverstein approved the plan.
(Bloomberg) -- As traders rush to identify where the next bout of volatility will come from, some watchdogs think the answer may be buried in the huge pile of hidden leverage that’s been quietly built over the past decade.Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsFirst Citizens to Buy SVB After Biggest Failure Since 2008Stocks Rise as Banks Sigh in Relief; Bonds Retreat: Markets WrapMore than