Companies find it’s not so simple to leave Russia; some quietly stay put

When Russia invaded Ukraine, global companies were quick to respond, some announcing they would get out of…

Regulators seize First Republic Bank, sell to JPMorgan Chase

NEW YORK (AP) — Regulators seized troubled First Republic Bank early Monday and sold all of…

Congress Helped Set Stage For Silicon Valley Bank’s Failure, Federal Reserve Says

An investigation by the Federal Reserve hammers the “shift in the stance of supervisory policy” that…

Over 82pc of retirees back to work amid high inflation

More than 82 percent of senior citizens are working for basic needs amid financial struggles, raising…

Inside Africa’s dollar drought

Several African countries have a shortage of US dollars – why this happens and how to…

Credit Suisse takeover hits heart of Swiss banking, identity

GENEVA (AP) — The UBS takeover of embattled rival Credit Suisse has shaken Switzerland’s self-image and dented its…

Corporates, personalities scramble to beat Twitter subscription deadline

Corporates and big personalities in Kenya are in a scramble to beat the April 1 deadline…

Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000

NEW YORK (AP) — Amazon plans to eliminate 9,000 more jobs in the next few weeks,…

Banking giant UBS is acquiring smaller rival Credit Suisse

BERN, Switzerland (AP) — Banking giant UBS is buying its smaller rival Credit Suisse in an…

Big banks create $30B rescue package for First Republic

NEW YORK (AP) — Eleven of the biggest banks in the country announced a $30 billion…