First Citizens BancShares Inc will acquire all of Silicon Valley Bank’s deposits and loans from the Federal Deposit Insurance Corporation (FDIC), according to the regulator.The acquisition...
Israel and the United Arab Emirates on Sunday signed a free trade pact into effect, reducing or removing tariffs on about 96 percent of goods traded...
Swiss financial regulator FINMA said it was considering whether to take disciplinary action against Credit Suisse managers after Switzerland’s second largest bank had to be rescued...
Saudi Arabian oil giant Aramco affirmed on Sunday its support for China’s long-term energy security and development, the company’s CEO Amin Nasser said in remarks made...
Kuwait Oil Company said on Sunday it is dealing with a “limited fire” that erupted at a well where oil leaked last week.The company said in...
Microsoft Corp. has threatened to cut off access to its internet-search data, which it licenses to rival search engines, if they don’t stop using it as...
Gordon Moore, a pioneer in the microprocessor industry and a cofounder of Intel, which at one time was the world’s largest semiconductor maker, died on Friday...
Credit Suisse Group AG and UBS Group AG are among banks under scrutiny in a US Justice Department probe into whether financial professionals helped Russian oligarchs...
UBS Group AG may use its takeover of Credit Suisse Group AG as an opportunity to rebuild its investment banking business in the Middle East after...
Saudi energy giant Aramco signed an agreement with Korean tech behemoth Samsung to localize 5G technology in the Kingdom. The state-run Saudi Press Agency (SPA) reported...