HSBC to Buy Silicon Valley Bank’s UK Subsidiary
Prime Minister Rishi Sunak said the country’s financial system was in good health and would not suffer from the demise of Silicon Valley Bank.Read More
‘Everything Everywhere All at Once’ shines at emotional Oscar ceremony
• Oscar winners: See the full list • Michelle Yeoh makes history with win • Brendan Fraser flooded with emotion as he wins best actor • Ruth E. Carter becomes first Black woman to win multiple OscarsRead More
Relief as US futures rally after Fed acts to restore confidence
US stock futures jumped during Asian trade on Monday after an extraordinary move by US financial regulators to restore confidence in the country’s banking system.Read More
Chinese companies rush to calm investors
The collapse of Silicon Valley Bank (SVB), which courted Chinese start-ups, has caused widespread concern in China, where a string of founders and companies rushed to appease investors by saying their exposure was insignificant or nonexistent.Read More
Analysis: Biden team scrambles to contain financial and political contagion
The Biden administration’s scramble to prevent financial contagion from the crash of Silicon Valley Bank is both an attempt to shield a resilient but still-vulnerable economy and to prevent grave political fallout.Read More
As Economy Falters, China’s New Premier Tries to Boost Business Confidence
Li Qiang, the country’s No. 2 leader, sought to reassure entrepreneurs who have been wary of making new investments.Read More
The Oscars TV Broadcast Is Becoming Increasingly Ordinary
A show that’s become a shrink-wrapped, anodyne exercise stuck safely to the script.Read More
‘Everything Everywhere All at Once’ Is Big Winner at the Oscars
The futuristic film from the studio A24 won seven awards, including for best picture, directing and in three of the four acting categories.Read More
Carl Icahn Prepares for Proxy Fight at Illumina
The billionaire activist says that he plans to nominate three people to the biotech’s board.Read More
First Republic Gets Additional Funding From Fed, JPMorgan
The fresh funding gives the bank, which was under pressure following the collapse of Silicon Valley Bank last week, $70 billion in unused liquidity.Read More
