Archive of Business
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What financial crisis? US economy has investor backing: Survey
Markets have been trading as if the end of the world is at hand – but what most participants see, behind the recent financial turmoil and contagion ... Banking & Finance -
China developer Evergrande to detail debt restructure plan on Wednesday
Embattled developer China Evergrande Group plans to publish on Wednesday an offshore debt restructuring term sheet agreed with a key offshore ... Economy -
India to spend $12 billion on airports over next two years as travel rebounds
India will spend about 980 billion rupees ($12 billion) over the next two years on airports, with airline orders for hundreds of new planes to meet ... Aviation & Transport -
US regulator sells failed Signature Bank assets to another lender
The US banking regulator has struck a deal to sell most of the assets of the failed Signature Bank to another institution, the agency said on ... Banking & Finance -
Credit Suisse, UBS deal: What you need to know
UBS agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) and agreed to assume up to $5.4 billion in losses, in a ... Banking & Finance -
UBS agrees to buy Credit Suisse in Swiss-assisted bid to calm markets
UBS agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) and agreed to assume up to $5.4 billion in losses, in a ... Banking & Finance -
UBS agrees to buy Credit Suisse for more than $2 bln: Report
UBS has agreed to buy Swiss banking giant Credit Suisse after increasing its offer to more than $2 billion, the Financial Times reported on Sunday, as ... Banking & Finance -
Saudi Arabia 2nd among G20, 4th globally in digital systems preparedness: ITU report
Saudi Arabia has been ranked second among the G20 members and fourth globally in the preparedness of digital systems, reports Saudi Press Agency ... Saudi Arabia -
Warren Buffett holds discussions with Biden officials on banking crisis: Source
Berkshire Hathaway Inc’s Warren Buffett has held discussions with senior Biden administration officials about the banking crisis, a source familiar ... Economy -
UBS examining Credit Suisse takeover to stem banking turmoil: Sources
UBS AG was examining on Saturday a takeover of embattled lender Credit Suisse that could see the Swiss government offer a guarantee against the risks ... Banking & Finance