WASHINGTON: The White House urged Chinese President Xi Jinping on Monday to use his visit to Moscow this week to tell Russian President Vladimir Putin to respect Ukraine’s sovereignty and end Russia’s war against Ukraine.John Kirby, the White House national security spokesperson, told reporters the United States is concerned that …
Read More »JPMorgan advising First Republic on strategic alternatives, including a capital raise, sources say
JPMorgan Chase is advising embattled First Republic Bank on strategic alternatives, sources told CNBC’s David Faber. The alternatives may include a capital raise, the sources said, which could dilute current shareholders. A sale of the bank is also a possibility. First Republic shares were last down 30% in a volatile …
Read More »FRC, UBS, FLT, DELL and more
A person walks past a First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. Mike Segar | Reuters Check out the companies making the biggest moves midday: First Republic — Shares tanked nearly 30% after Standard & Poor’s cut First Republic’s credit …
Read More »Hina in a gown with underbust accessory
This was Hina Khan’s hottest red carpet look ever. Source link
Read More »UN chief: Rich nations must achieve net zero carbon quicker, by 2040
PARIS: UN Secretary General Antonio Guterres called on wealthy countries Monday to move up their goals of achieving carbon neutrality as close as possible to 2040, mostly from 2050 now, in order to “defuse the climate time bomb.”Introducing a capstone report by the Intergovernmental Panel on Climate Change on the …
Read More »Stocks making biggest moves premarket: First Republic, UBS, Enphase
First Republic Bank headquarters is seen on March 16, 2023 in San Francisco, California. Tayfun Coskun | Anadolu Agency | Getty Images Check out the companies making headlines before the market’s opening bell. First Republic — The bank tumbled about 19% premarket after Standard & Poor’s cut its credit rating …
Read More »First Republic falls: S&P credit rating downgrade
A trader works at the post where First Republic Bank stock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, March 16, 2023. Brendan McDermid | Reuters Shares of First Republic Bank, which have become the barometer of the regional bank crisis, slid …
Read More »Bitcoin gains $26 billion as banking crisis sparks rally
Bitcoin is up 50% so far in 2023, beating major commodities and stock indexes. Industry insiders said the bank collapses have sent investors looking for alternatives to the traditional banking system and there is also anticipation of a slowdown in interest rate rises, which is helping bitcoin. Filip Radwanski | …
Read More »Saudi National Bank loses over $1 billion on Credit Suisse investment
Signage for Credit Suisse Group AG outside a building, which houses the company’s branch, in Tokyo, Japan, on Monday, March 20, 2023. UBS Group AG agreed to buy Credit Suisse Group in a historic, government-brokered deal aimed at containing a crisis of confidence that had started to spread across global …
Read More »China says ICC should avoid ‘double standards’ after Putin warrant
BEIJING: China on Monday called on the International Criminal Court to avoid what it called ‘double standards’ and respect immunity for heads of state, after the tribunal issued an arrest warrant for Russian leader Vladimir Putin on war crimes charges.The court should “uphold an objective and impartial stance” and “respect …
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