First Republic Bank to lay off 25% of staff
First Republic Bank is planning a staff layoff of 25 percent, following the recent turmoil in the banking sector,…
UAE’s e& discusses board changes in Vodafone
UAE telecommunications group e& is in discussions with British telecoms company Vodafone regarding the…
Britain to spend $125mln to use AI in healthcare, education
Britain announced on Monday that it plans to spend 100 million pounds ($124.5 million) in initial funding to…
Asian markets briefing 26/04/2023
The majority of the Asian markets closed low on Wednesday with the Chinese main index, SSEC, dropping by -0.02…
Credit Suisse withdrawals reach $68.6 bln
The Credit Suisse collapse in March was triggered by depositor withdrawals of $68.6 billion, which lead to the…
EU signs deal for sustainable aviation fuel targets
The European Union has signed on Tuesday a deal to set mandatory targets for European airlines usage of sustainable…
Spotify’s monthly active users cross 500mln
Spotify Technology SA’s number of active users has topped half billion for the first time on Tuesday, this increase…
UBS Q1 net profit goes down by 52%
UBS Group’s year-on-year net profit in the first quarter of 2023 has declined by 52 percent, reaching $1.03…
First Republic Bank shares fall nearly 50% after withdrawals
First Republic Bank’s shares lost almost half of their value on Tuesday, a day after the mid-size U.S. bank said…
European markets briefing 25/04/2023
The majority of the European markets closed low on Tuesday, with FTSE, London's main index, dropping by -0.27…
