Business

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UK regulators back merger of banking giants Credit Suisse and UBS

UK regulators back merger of banking giants Credit Suisse...

The Bank of England has told its Swiss counterpart and the country's two biggest...

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Markets still uncertain after SVB and Credit Suisse shocks

Markets still uncertain after SVB and Credit Suisse shocks

Concerns abound as the FTSE is on course to be down in the week overall and questions...

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'Absolutely nothing' done to boost workers' rights a year on from P&O sackings, say unions

'Absolutely nothing' done to boost workers' rights a year...

As the RMT union stages rallies in Dover and Hull to mark the anniversary, the TUC...

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Royal Mail referred to regulator over 'systemic letter delivery failures'

Royal Mail referred to regulator over 'systemic letter...

The company denies that it misled MPs as a parliamentary committee releases a damning...

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Silicon Valley Bank UK arm hands out £15m in bonuses days after £1 rescue

Silicon Valley Bank UK arm hands out £15m in bonuses days...

Between £15m and £20m in bonus payments were made to staff at SVB UK this week after...

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Ryan Reynolds' Mint Mobile sale to T-Mobile earns actor over $300m

Ryan Reynolds' Mint Mobile sale to T-Mobile earns actor...

Hollywood star Ryan Reynolds is the latest celebrity to make bank through savvy...

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Multi-billion dollar rescue deal for First Republic Bank

Multi-billion dollar rescue deal for First Republic Bank

A group of big US banks has injected $30bn (£24.8bn) into a smaller regional bank,...

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Chinese tycoon and Bannon ally Guo Wengui charged with $1bn fraud

Chinese tycoon and Bannon ally Guo Wengui charged with...

Chinese billionaire and CCP critic is accused of pocketing investment funds from...

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Credit Suisse to borrow up to $54bn amid banking crisis fears

Credit Suisse to borrow up to $54bn amid banking crisis...

Announcement comes after Zurich-based bank’s shares lost more than a quarter of...

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Inflation Hits 21.91%, As Nigerians Pay More For Bread, Yam, Others

Inflation Hits 21.91%, As Nigerians Pay More For Bread,...

Nigeria’s inflation rate rose for the second consecutive month in February to 21.91...

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Elections: NBC Sanctions 25 Broadcast Stations For Infractions

Elections: NBC Sanctions 25 Broadcast Stations For Infractions

The National Broadcasting Commission (NBC) has sanctioned 25 stations for violating...

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Lebanon’s currency value plunges to 100,000 against US dollar

Lebanon’s currency value plunges to 100,000 against US...

The value of the Lebanese pound on the parallel market is at a historic low as the...

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SVB collapse offers lesson for China: State media

SVB collapse offers lesson for China: State media

Official media say similar collapse unlikely in China but situation has ‘important...

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FAAN Announces 8 Weeks Closure of Two Lagos Airport Runways For Maintenance

FAAN Announces 8 Weeks Closure of Two Lagos Airport Runways...

The Federal Airports Authority of Nigeria (FAAN) has announced that runways 18R...

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Sir Mike Rake recruited by feared activist Elliott to burnish image

Sir Mike Rake recruited by feared activist Elliott to burnish...

Sir Mike Rake, a former BT chairman and erstwhile CBI president, will advise Elliott...

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McLaren revs up investors with £70m equity injection

McLaren revs up investors with £70m equity injection

Existing shareholders have handed the Surrey-based automotive icon £70m as part...

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