By Arathy Somasekhar HOUSTON (Reuters) -Oil prices plunged by nearly 5% on Wednesday to settle at the lowest levels in more than a year on concerns that a crisis of confidence in the banking sector co[...]
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Middle East
After strategic 787 wins, Boeing jet battle shifts to factory floor
By Valerie Insinna and Tim Hepher (Reuters) – A major purchase by Saudi Arabia caps sales of almost 200 Dreamliners over the past four months, handing Boeing Co major industrial and political wi[...]
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Credit Suisse stock slump triggers close monitoring by regulators
By Noele Illien ZURICH (Reuters) – Credit Suisse shares slumped by as much as 30% on Wednesday after its largest shareholder said it could not provide further support, prompting the Swiss bank[...]
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Credit Suisse’s biggest backer says can’t put up more cash; share down by a fifth
By Rachna Uppal RIYADH (Reuters) -The head of Credit Suisse Group’s largest shareholder, Saudi National Bank (SNB), said on Wednesday it would not buy more shares in the Swiss bank on regulatory[...]
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White House praises Saudi-Boeing 787 deal, says it will support US jobs
By David Shepardson and Jarrett Renshaw WASHINGTON (Reuters) -The White House on Tuesday welcomed the “landmark” deal between Saudi Arabia and the Boeing Co, saying it will support U.S. jo[...]
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Boeing nabs order for 78 787 Dreamliners from two Saudi airlines
By David Shepardson and Valerie Insinna (Reuters) – Two Saudi Arabian airlines announced plans on Tuesday to order 78 Boeing 787 Dreamliners, a big win for Boeing that marks the fifth largest co[...]
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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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Spain may cancel remaining Airbus A400M orders -sources
By Belén Carreño, Inti Landauro and Tim Hepher MADRID/PARIS (Reuters) -Doubts are growing over the future of Madrid’s remaining orders for the Airbus A400M airlifter, European defence sources sa[...]
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Oil prices fall 2% in choppy trade as banking fears rattle markets
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell over 2% in volatile trading on Monday as the collapse of Silicon Valley Bank roiled equities markets and raised fears of a fresh financial crisis[...]
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