The head of a Donald Trump-aligned super PAC filed an ethics complaint against Ron DeSantis as the former president and current Florida governor seek to out-maneuver one another ahead of an anticipated 2024 Republican presidential primary contest.
The European Union is considering providing Moldova’s armed forces with a further €40 million ($42.1 million) in aid to boost its air surveillance, logistics and cyber defense.
US prosecutors were investigating Signature Bank’s work with crypto clients before regulators suddenly seized the lender this past weekend, according to people familiar with the matter.
Chinese stocks in the US erased all their gains for the year as the rally driven by China’s fast reopening hit a wall of sluggish earnings and a lack of policy incentives, while fresh turmoil at Credit Suisse Group AG spurred a selloff in risk assets.
With US crude increasingly leaving American shores on oversized supertankers, private equity backed Sentinel Midstream LLC is looking to get in on the action, bringing its new deep-water port online in 2026.
The US Treasury Department is monitoring the Credit Suisse situation, a spokesperson said Wednesday, after the bank’s biggest shareholder ruled out boosting its stake and the stock fell the most on record.
Ukraine won a significant boost in its attempt to set aside a $3 billion defaulted bond after the UK Supreme Court ruled that judges need to consider the backdrop of Russia’s campaign of threatening behavior in the run-up to the annexation of Crimea.
The UK plans to sell more gilts than anticipated in the coming fiscal year, with a higher-than-average proportion slanted toward short-maturity notes that appeal to a broad pool of investors.
First Republic Bank was cut to junk by S&P Global Ratings and Fitch Ratings amid concern that clients pull holdings from the lender, even after US regulators pledged support for the banking sector.
Investors betting on a further outperformance in European bank stocks in 2023 have been caught wrong footed by the meltdown in shares of Credit Suisse Group AG and fears of a recession.
