Economy
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US Secretary Yellen says working to address SVB collapse, but not looking at bailout
US Treasury Secretary Janet Yellen on Sunday said she was working closely with banking regulators to respond to the collapse…
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Aramco’s Nasser says oil market tightly balanced
Aramco’s chief executive Amin Nasser said on Sunday the market would remain tightly balanced in the short to medium term,…
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Silicon Valley Bank failure rattles USDC, other cryptocurrencies
The supposedly “stable” cryptocurrency USDC fell sharply after the firm that created it, Circle, announced it holds $3.3 billion in…
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Boeing says to set up freight conversion facility in India
Boeing Co will set up in India a facility to convert passenger aircraft into freight planes to capitalize on growing…
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JLR owner Tata seeks to sell engineering unit stake in India IPO
Tata Technologies Ltd. has sought approval from India’s markets regulator for an initial public offering in which its parent carmaker…
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SVB deep dive: Why is everyone talking about the bank now?
The startup world was thrown into chaos Thursday when a lender little-known outside of Silicon Valley sparked a wave of…
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Ivory Coast signs deal for 50-70 MW solar plant with UAE’s Masdar
Ivory Coast has signed an agreement with UAE renewable energy company Masdar to explore the development of a 50-70 megawatt…
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Gas cargoes stranded near Russia due to Crimea bridge security restrictions
Several tankers loaded with liquefied petroleum gas (LPG) have been unable to cross under Russia’s Crimea bridge due to security…
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Lebanese banks do not have enough liquidity, says head of banking association
Lebanon’s commercial banks do not have enough liquidity to pay back depositors, the secretary general of the country’s banking association…
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Saudi govt sets up new program to attract international companies
The Saudi government has set up a new program intended to accelerate its plan to attract international companies to the…
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