TORONTO (Reuters) – Canada’s main stock index fell 1.6% on Wednesday, dragged down by energy and financial stocks as Credit Suisse spooked world markets, renewing concerns of a banking cri[...]
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Canada
Tech pressure, Yellen everywhere: How Washington scrambled as SVB collapsed
By Andrea Shalal WASHINGTON (Reuters) -The U.S. government launched emergency measures on Sunday to shore up confidence in the banking system after the failure of Silicon Valley Bank, the largest bank[...]
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Tech pressure, Yellen everywhere: How Washington scrambled as SVB collapsed
By Andrea Shalal WASHINGTON (Reuters) – The U.S. government launched emergency measures on Sunday to shore up confidence in the banking system after the failure of Silicon Valley Bank, the large[...]
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Dollar little changed as U.S. inflation data poses quandary for Fed
By Herbert Lash NEW YORK (Reuters) -The dollar traded little changed on Tuesday after strong consumer price data revived the likelihood that the Federal Reserve will hike interest rates next week as f[...]
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Exclusive: Semiconductor manufacturer Infinera explores sale -source
By Milana Vinn (Reuters) – Infinera Corp, a U.S. manufacturer of semiconductors for the telecommunications industry that competes with China’s Huawei, is exploring options that include a s[...]
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Factbox-Which companies are affected by SVB collapse?
(Reuters) – Startup-focused lender SVB Financial Group last week became the largest bank to fail since the 2008 financial crisis, sending shockwaves through the global financial system and promp[...]
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Volkswagen invests in batteries, raw materials in race for affordable EV
By Victoria Waldersee BERLIN (Reuters) – Volkswagen plans to invest 180 billion euros ($193 billion) over five years in areas including battery production and raw material sourcing in a bid to c[...]
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Japan, Canada in talks over collaboration in battery metals supply chain
TOKYO (Reuters) – Japan and Canada are discussing collaboration on building strong supply chains for battery metals, Japan’s industry minister, Yasutoshi Nishimura, said on Tuesday. A publ[...]
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Etsy, other e-commerce companies feel squeeze of SVB collapse
By Arriana McLymore and Doyinsola Oladipo NEW YORK (Reuters) – Etsy on Monday resumed payments to merchants with Silicon Valley Bank accounts after the e-commerce platform paused their payouts o[...]
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