BERLIN (Reuters) – Mercedes will invest billions of dollars to modernise its plants in China, Germany and Hungary over the coming years, magazine Automobilwoche reported, as the carmaker prepare[...]
Read moreMarch 19, 2023
UBS offers to buy Credit Suisse for up to $1 billion – FT
(Reuters) – UBS Group AG has offered to buy Credit Suisse for up to $1 billion, with the Swiss government planning to change the country’s laws to bypass a shareholder vote on the deal, th[...]
Read moreAs economy worsens, Lebanese juggle dizzying rates for devalued pound
By Emilie Madi and Mohamed Azakir BEIRUT (Reuters) – When Caroline Sadaka buys groceries in the Lebanese capital Beirut, she keeps her phone in hand – not to check her shopping list but to calcu[...]
Read moreAnalysis-Asset concerns weigh on U.S. regional bank deal talks
By David French NEW YORK (Reuters) – Some U.S. regional banks’ efforts to raise capital and allay fears about their health are running up against concerns from potential buyers and investo[...]
Read moreFirst Citizens in talks to acquire Silicon Valley Bank – Bloomberg News
(Reuters) -First Citizens BancShares Inc is evaluating an offer for Silicon Valley Bank, Bloomberg News reported on Saturday, citing people familiar with the matter. At least one other suitor is makin[...]
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