financial news, stocks, investing, and market trends, as well as stories on major companies and their leaders.
[colabot8] People walk near a First Republic Bank branch on March 16, 2023 in New York City. See Press | Corbis News | Getty Images Shares of regional banks rose sharply in pre-market trading on Monday as investors were encouraged by reports that recent pressure on the sector may be easing and additional government support …
The First Republic rebounds 25% on Monday to lead the return of regional banks Read More »
[colabot8] In this photo taken on Oct. 12, 2016, a general view shows the Club Med resort in Sanya. Nearly two years after being taken over by Chinese investment fund Fosun, French resort group Club Med is trying to import its recipes into a promising Chinese market, where a burgeoning upper middle class is now …
Fosun Tourism optimistic about reopening China, says Club Med ‘not for sale’ Read More »
[colabot8] The headquarters of the Saudi National Bank (SNB) outside the King Abdullah Financial District Conference Center in the King Abdullah Financial District (KAFD) in Riyadh, Saudi Arabia, Tuesday, Dec. 6, 2022. Bloomberg | Bloomberg | Getty Images Saudi National Bank Chairman Ammar al-Khudairy resigned from his post on Monday, days after his comments exacerbated …
[colabot8] JERUSALEM – MARCH 27: Israelis, carrying Israeli flags and anti-government placards, gather outside the Knesset to protest against the Israeli government’s plan to introduce judicial changes. Anadolu Agency | Anadolu Agency | Getty Images Israeli Prime Minister Benjamin Netanyahu’s government survived a no-confidence vote in the Knesset, the country’s parliament, amid perhaps the biggest …
Netanyahu survives no-confidence vote on judicial reforms Read More »
[colabot8] Germany’s parliament is set to pass a new citizenship law to ease the path to citizenship for migrants and attract more skilled foreign workers to the country. Image Alliance | Getty Images BERLIN — Germany is set to pass a new citizenship law that will make it easier for foreigners to obtain German citizenship …
Germany to change immigration rules to attract more foreign workers Read More »
[colabot8] Aerial view of the Manara waterfront district near downtown Beirut. Bilwander | Getty Images No one really knows what time it is in Lebanon. On Sunday, the Mediterranean country of around 6 million people was to set its clocks back an hour for daylight saving time, as it does every year with much of …
Lebanon in two different time zones as government disagrees on daylight saving time Read More »
[colabot8] European banks are “unlikely” to suffer anything as severe as 2008, economists say. Peter Macdiarmid/Staff/Getty Images LONDON — The turmoil in the banking sector has raised the question of whether we are on the verge of another financial crash, like the one in 2008. But a banking crisis today would be very different from …
The pressure on the banks is very different from 2008 Read More »
[colabot8] Photo illustration, the Silicon Valley Bank logo is seen displayed on a smartphone, with the stock market index on the personal computer in the background on March 14, 2023, in Rome, Italy. Andrea Ronchini | Nurphoto | Getty Images First Citizens Bank & Trust Co will buy deposits and loans from Silicon Valley Bank, …
First Citizens Bank to buy deposits and loans from Silicon Valley Bank Read More »
[colabot8] The middle-aged millennials have arrived. As more and more millennials – often defined as those born between 1981 and 1996 – turn 40, a generation long defined by youth is moving into a new phase of life. And they bring their tech savvy, social awareness and consumer habits that are transforming a travel industry …
Millennials turn 40 and are changing travel as we know it Read More »
[colabot8] Pfizer CEO Albert Bourla speaks during the China Development Forum in Beijing on March 25, 2023. Lintao Zhang | Getty Images News | Getty Images BEIJING – American pharmaceutical giant Pfizer has signed an agreement with China to cooperate in improving the country’s health coverage, according to the company. “We are fully aligned with …
Pfizer signs an agreement with China to improve the country’s health coverage Read More »
