Mattoo Rani 1007 posts

Credit bureau Moody's is investigating whether it should lower the credit ratings of six regional US banks. The move follows the turmoil in the banking system caused by the American Silicon Valley Bank (SVB) collapse. First…
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French Finance Minister Bruno Le Maire says the bankruptcies of US banks Silicon Valley Bank (SVB) and Signature Bank do not threaten French financial institutions. The German financial regulator BaFin issued a similar reassuring…
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Saudi Arabia is starting a new airline called Riyadh Air. The company, which will be based in the Saudi capital, is intended to help tourism. Saudi Arabia wants to make its economy less dependent on oil and attract more tourists…
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Facebook mother Meta Platforms is considering returning the Kustomer company to the market. Meta bought the customer service software company for $1 billion at the end of 2020. Any sale would fit in with the company's plans to cut…
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Three former executives of a subsidiary of security group G4S are no longer prosecuted for fraud in the United Kingdom. The UK government agency that investigates serious fraud, the Serious Fraud Office (SFO), has dropped all charges…
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The United States will become the world leader in the energy transition. US Secretary of Energy Jennifer Granholm makes that promise. In her view, President Joe Biden's administration has created "the most attractive investment…
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