The London Metal Exchange (LME) found sacks with stones rather than nickel in a Rotterdam warehouse. The LME was earlier informed that bags of stones, rather than nickel briquettes, were part of a shipment from a warehouse in Rotterdam. According to Bloomberg, the warehouse's operator is Access...

Among the businesses participating in the "biggest-ever" US business mission to Vietnam next week to discuss investment and sales opportunities in the developing Southeast Asian country are SpaceX, Netflix, and Boeing, according to the organizer.   According to a list seen by Reuters, more...

A decline in its shares and bond prices, which heightened concerns about a potential global banking crisis, prompted Credit Suisse to announce it would borrow up to $54 billion from the Swiss central bank to boost liquidity. According to analysts, that might not be sufficient.   The...

The U.S. Justice Department is looking into the collapse of Silicon Valley Bank, the biggest bankruptcy since the 2008 financial crisis, report two sources of The New York Times. The probe is still in its early stages, and it is unclear where federal investigators and prosecutors will concentrate...

With €4.5 billion assets under management, TwentyTwo Real Estate has established itself in 10 years as a major player in real estate investment and management with high added value across all asset classes. To bolster further expansion, the firm is reorganizing with a focus on three divisions, to...

According to the NTV channel, Tesla has been given permission by Turkish officials to set up the first electric vehicle charging stations. The Energy Market Regulator has granted Tesla's 119 subsidiaries a permit to set up electric vehicle charging points, according to the channel. Tesla is...

General Motors Co announced on Thursday that it is offering buyouts to the majority of its salaried employees and anticipates a pre-tax charge of up to $1.5 billion to cover the costs.   The announcement comes as layoffs by US companies have reached a two-year high, with the tech sector...

Following a capital raise that caused SVB Financial Group's stock to collapse 60% and contributed to the loss of over $80 billion in value from bank shares, the company scrambled on Thursday to reassure its venture capital clients that their money was safe.   To strengthen its balance sheet,...

De Beers saw a 9% rise in diamond sales in the last two weeks. According to the global diamond corporation De Beers’ preliminary reports, the company increased its diamond sales for the second business cycle of this year (February 20–March 7) by 9% compared to the prior cycle to $495 million. The...