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HSBC acquires British arm of stricken Silicon Valley Bank
By Iain Withers LONDON (Reuters) -HSBC said on Monday it is acquiring the UK subsidiary of stricken Silicon Valley Bank for 1 pound, rescuing a key lender for technology start-ups in Britain. "This ac...
Mar 13, 2023
Britain’s tax take risks blowing green energy off target
By Susanna Twidale and Shadia Nasralla LONDON (Reuters) - A cap on revenue and the lack of the kind of incentives offered to oil explorers are blocking the development of renewable energy in Britain, ...
Mar 13, 2023
UK PM Sunak rules out law change for return of Parthenon marbles
SAN DIEGO (Reuters) - British Prime Minister Rishi Sunak ruled out changing a law which prohibits the British Museum handing the Parthenon marbles permanently back to Greece. Sunak said there are no p...
Mar 13, 2023
Exclusive-UK approves increased submarine-related exports to Taiwan, risking angering China
By Andrew MacAskill and Elizabeth Piper LONDON (Reuters) - Britain approved a sharp increase in exports of submarine parts and technology last year to Taiwan as it upgrades its naval forces, a move th...
Mar 13, 2023
Analysis-As banks break, markets hear the sound of peaking rates
By Tom Westbrook SINGAPORE (Reuters) - Investors scrambled to pull down global rate expectations on Monday and abandoned wagers on steep U.S. hikes next week, reckoning the biggest American bank failu...
Mar 13, 2023
Taiwan says defence spending to focus on reading for ‘total blockade’ by China
By Yimou Lee and Ben Blanchard TAIPEI (Reuters) - Taiwan's defence spending this year will focus on preparing weapons and equipment for a "total blockade" by China, including parts for F-16 fighters a...
Mar 13, 2023
Nobel prize-winner Kenzaburo Oe, dead at 88, used words to preach pacifism
TOKYO (Reuters) -Kenzaburo Oe, who won Japan its second Nobel Prize for literature with books about pacifism and his disabled son, has died. His death, on March 3 at the age of 88, was due to old age,...
Mar 13, 2023
How high will you go? Five questions for the ECB
By Dhara Ranasinghe and Stefano Rebaudo LONDON (Reuters) - The European Central Bank looks set to deliver another hefty interest rate hike on Thursday, putting the market focus onto how far it is will...
Mar 13, 2023
Mobile games developer Huuuge says has $24.2 million at SVB
(Reuters) - Mobile games developer Huuuge Inc said late on Saturday about 10% of its cash and securities were held at the collapsed Silicon Valley Bank (SVB), adding it has sufficient resources to mee...
Mar 13, 2023
France’s Sanofi to acquire US-based Provention Bio for $2.9 billion
By Dina Kartit (Reuters) -France's Sanofi said on Monday it has entered into a deal to acquire U.S.-based biopharmaceutical company Provention Bio in a transaction worth $2.9 billion, or $25.00 per sh...
Mar 13, 2023
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