Business News
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19.03.20230 118
Britons facing ‘disastrous decade’ – report
Households will get poorer and pay more tax over the coming years, a think tank projects © Getty Images / RWP…
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19.03.20230 107
Russia exit costs EU automaker almost $700 million
Skoda is now in the final stages of talks over an asset sale, the company’s CEO says © Sputnik /…
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19.03.20230 141
Indonesians urged to abandon Western payment systems
Russia sanctions show Visa and Mastercard could become a “problem,” President Joko Widodo warned FILE PHOTO: Russian Foreign Minister Sergey…
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18.03.20230 114
Dozens of US banks at risk of repeating SVB collapse – study
Many other lenders are also sitting on unrealized losses caused by the rapid rise in interest rates © Getty Images /…
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18.03.20230 117
China fines Big Four accounting firm
The authorities claimed Deloitte’s audit of one of the country’s largest bad-debt managers was marred by negligence © Getty Images /…
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18.03.20230 107
Swiss banking giant in talks to buy Credit Suisse – media
UBS reportedly may acquire all or parts of the failing lender, with discussions to be held over the weekend © Getty…
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18.03.20230 103
London Metal Exchange discovers fraud at warehouse
Bagged nickel briquettes were found to not have the weight specified in the contracts © Getty Images / Thomas Winz The…
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18.03.20230 126
US lenders preparing for possible bank runs
Banks borrowed a record $165 billion from the Fed after the collapse of Silicon Valley Bank © Getty Images / Liu…
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18.03.20230 100
Grim economic forecast issued for Germany
Eurozone’s largest economy won’t escape recession this year, researcher Ifo warns © Getty Images / Robert Rosenberg / EyeEm Germany is…
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17.03.20230 105
Western banking crisis cannot spread to Russia – central bank
There will not be a direct impact on the country’s financial sector, Elvira Nabiullina says © Getty Images / Tim Bieber…