By Hannah Lang (Reuters) -Greg Becker, the chief executive officer who presided over the collapsed Silicon Valley Bank, joined the company three decades ago as a loan officer. The executive cut his teeth during the dotcom bubble and later steered the startup-focused lender in the wake of the 2008 global financial crisis. He became president …
Who is Greg Becker, the head of failed Silicon Valley Bank? Read More »
By Patricia Zengerle WASHINGTON (Reuters) – The U.S. House of Representatives voted unanimously on Friday to require Director of National Intelligence Avril Haines to declassify information on the origins of COVID-19, increasing pressure on President Joe Biden’s administration to allow its release. The vote was 419 to 0 in favor. Since the Senate on March …
US House unanimously backs COVID origins information declassification Read More »
By Yew Lun Tian BEIJING (Reuters) -Xi Jinping secured a precedent-breaking third term as president of China on Friday during a parliamentary session in which he tightened his control of the world’s second-largest economy as it emerges from a COVID slump and diplomatic challenges mount. Nearly 3,000 members of China’s rubber-stamp parliament, the National People’s …
Xi clinches third term as China’s president amid host of challenges Read More »
By Marie-Louise Gumuchian LONDON (Reuters) -Harry Styles was the big winner at the BRIT awards, Britain’s pop music honours, on Saturday, winning all four categories he had been nominated in, a week after his triumph at the Grammys. Styles took home the coveted album of the year for “Harry’s House”, song of the year for …
BRIT awards: Harry Styles triumphs with most wins Read More »
(Reuters) – Tesla Inc Chief Executive Officer Elon Musk has exercised options to acquire 10,500 shares of the electric-vehicle maker, U.S. securities filing showed on Friday. (This story has been corrected to say that Musk has exercised option to buy Tesla shares and removes reference to $50,000 in headline and paragraph 1) (Reporting by Akanksha …
Elon Musk exercises options to acquire 10,500 Tesla shares – filing Read More »
By Rozanna Latiff and A. Ananthalakshmi KUALA LUMPUR (Reuters) -Malaysia could face further political polarisation and Prime Minister Anwar Ibrahim risks a backlash as his administration prosecutes his opponent and predecessor Muhyiddin Yassin just three months after a divisive election, analysts say. Muhyiddin, who was prime minister for 17 months between 2020 and 2021, was …
With another ex-prime minister charged, Malaysia risks further turmoil Read More »
By Lananh Nguyen and Pete Schroeder NEW YORK (Reuters) -Greg Becker, the chief executive of SVB Financial Group, sent a video message to employees acknowledging the “incredibly difficult” 48 hours leading up to the collapse of its Silicon Valley Bank on Friday. “It’s with an incredibly heavy heart that I’m here to deliver this message,” …
SVB CEO Becker addresses employees with ‘heavy heart’ in video Read More »
TUNIS (Reuters) – Tunisian President Kais Saied said on Friday he wants to see Tunisia and Syria appoint ambassadors to their countries, the latest sign that full restoration of diplomatic relations with Syrian President Bashar al-Assad’s government could be imminent. ”A decision must be taken on this issue.”, Saied told foreign minister Nabil Ammar during …
Tunisian president says he wants ambassador in Syria -state video Read More »
LONDON (Reuters) -The Bank of England said on Friday that it was seeking a court order to place Silicon Valley Bank UK Limited into an insolvency procedure, after U.S. regulators took over its parent company, SVB Financial Group, earlier in the day. “SVB UK has a limited presence in the UK and no critical functions …
Bank of England seeks to wind up Silicon Valley Bank’s UK arm Read More »
MEXICO CITY (Reuters) – Mexico’s top diplomat on Friday criticized comments by former U.S. Attorney General William Barr, who had called for increased U.S. involvement in Mexico to tackle drug cartels, saying Mexico “will never allow its sovereignty to be violated.” Following an op-ed published in the Wall Street Journal by Barr last week, Mexican …
Mexico’s top diplomat stresses cooperation with U.S. versus intervention Read More »
