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03-05-2022 kslmadmin
(Reuters) -United States regulators said on Monday First Republic Bank has been seized and a deal agreed to sell the bank to JPMorgan Chase & Co, in what is the third major U.S. institution to fail in two months. The Wall Street major bank will take most of First Republic’s assets and all the deposits, including uninsured ones, the regulators said in a statement. JPMorgan was one of several interested […]
By El Tayeb Siddig and Nafisa Eltahir KHARTOUM – Fighting could be heard in Khartoum early on Monday despite a supposed ceasefire extension and the United Nations warned of a humanitarian “breaking point” as clashes between rival military forces entered a third week. Hundreds of people have been killed and thousands wounded since long-simmering tension between the Sudanese army and the paramilitary Rapid Support Forces (RSF) erupted into conflict on […]
By Lucinda Elliott and Daniela Desantis ASUNCION (Reuters) -Paraguayan conservative economist Santiago Pena, 44, won the country’s presidential election on Sunday, tightening the ruling Colorado Party’s political grip in the country and defusing fears about the end of diplomatic ties with Taiwan. Pena, who has pledged to maintain Paraguay’s long-standing Taiwan relations, had 42.7% of the vote with 99.9% of ballots counted, a more than 15-point lead over center-left rival […]
By Ali Sawafta JERICHO, West Bank (Reuters) – Israeli forces shot dead a Palestinian teenager during a morning arrest raid that led to clashes in a refugee camp outside the city of Jericho in the occupied West Bank, Palestinian health officials said. The Palestinian health ministry said 17-year-old Jibril Kamal died after being shot in the head. Six other people were wounded during the raid, with three of them in […]
(Reuters) -Turkish delivery app Getir is in talks to take over German rival Flink in a key step toward consolidation in Europe’s food delivery market, where companies are battling a slowdown after COVID-19, the Financial Times said on Monday. There is no guarantee of an agreement being reached, however, said the paper, which cited people familiar with the matter. Flink and Getir declined to comment on the report. Flink is […]
By Ali Sawafta JERICHO, West Bank (Reuters) – Israeli forces shot dead a Palestinian teenager during a morning arrest raid that led to clashes in a refugee camp outside the city of Jericho in the occupied West Bank, Palestinian health officials said. The Palestinian health ministry said 17-year-old Jibril Kamal died after being shot in the head. Six other people were wounded during the raid, with three of them in […]
By Alex Lawler LONDON (Reuters) -Oil fell on Monday as concern over the economic impact of the U.S. Federal Reserve potentially raising interest rates and weaker Chinese manufacturing data outweighed support from new OPEC+ supply cuts taking effect this month. The Fed, which meets on May 2-3, is expected to increase interest rates by another 25 basis points. The U.S. dollar rose against a basket of currencies on Monday, making […]
By Lucinda Elliott and Daniela Desantis ASUNCION (Reuters) -Paraguayan conservative economist Santiago Pena, 44, won the country’s presidential election on Sunday, tightening the ruling Colorado Party’s political grip in the country and defusing fears about the end of diplomatic ties with Taiwan. Pena, who has pledged to maintain Paraguay’s long-standing Taiwan relations, had 42.7% of the vote with 99.9% of ballots counted, a more than 15-point lead over center-left rival […]
(Reuters) -The California Department of Financial Protection and Innovation (DFPI) said on Monday it had closed First Republic Bank and agreed a deal to sell its assets to JPMorgan Chase & Co and National Association, in what is the third major U.S. bank to fail in two months. JPMorgan bank was one of several interested buyers including PNC Financial Services Group, and Citizens Financial Group Inc, which submitted final bids […]
