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US economy adds 311K jobs in February
U.S. economy has added 311,000 jobs in February, exceeding economists’ expectations, which estimated the number to…
Meta considers to rival Twitter with possible new app
Meta Platforms Inc. is planning to build a new text updates sharing platform, which might be a high-profile…
Biden to approve major oil project in Alaska
U.S. president Joe Biden’s administration will approve a major project in Alaska on Monday according to informed…
Signature Bank second casualty after SVB
State regulators closed Signature Bank on Sunday, New York-based bank, in the third largest failure in US banking…
HSBC pays £1 to rescue UK Silicon Valley Bank
HSBC UK Bank, announced on Monday that it has agreed to acquire Silicon Valley Bank U.K. (SVB) for £1 ($1.21), the…
Chinese recovery, dollar weakness cause crude price hike
Oil prices inclined during Asian trade on Monday, amidst China’s demand recovering and the weaker dollar that is…
U.S. weighs new fund as backup if more banks fail
The U.S. Federal Reserve and the Federal Deposit Insurance Corp are considering creating a fund to allow regulators…
Silicon Valley Bank shut down in biggest bank failure since 2008
Financial regulators in California have close Silicon Valley Bank (SVB) and are now in control of its deposits…
Instagram back after global outage
Meta Platform’s Instagram went back up for most user, following the app’s global outage, resolving the hours-long…
U.S. first lady honours Iranian women for their courage
U.S. first lady, Jill Biden, honoured Iranian women during the Courage Awards on International Women’s Day for…