Finance
Federal Reserve review pins blame for SVB failure on Donald Trump-era rule changes
Silicon Valley Bank’s failure last month stemmed from weakened regulations during the Trump administration and mis-steps by internal supervisors who...
First Republic shares plunge again as survival plan fails to materialise
Shares in First Republic plunged 49 per cent in after-hours trading on Friday as the embattled California bank prepared to...
Dame Edna was my nanny
The year is 1959 and the place is Melbourne. A 25-year-old actor with a fondness for Samuel Beckett, booze, poetry...
Lazard to cut 10% of staff to contain costs amid dealmaking chill
Lazard said on Friday that it would cut 10 per cent of its staff over the course of 2023, citing...
US tech stocks extend rally after week of strong corporate earnings
US tech stocks rose at the open on Friday as investors turned to the industry’s biggest names following a week...
BBC chair Richard Sharp quits over Boris Johnson loan row
BBC chair Richard Sharp has been forced to resign after an investigation found he breached public appointment rules by failing...
Kazuo Ueda embarks on Bank of Japan policy review in first meeting as governor
Kazuo Ueda announced a comprehensive review of the Bank of Japan’s monetary policy in his first board meeting as governor...
Amazon: cashing in on AI investments will take time
The conundrum facing Amazon boss Andy Jassy is how to ensure the ecommerce giant maintains its ‘always day one’ ethos...
Amazon says cloud growth slowed as customers cut costs
Amazon said growth had slowed this month in its Amazon Web Services cloud division, raising investor fears about a main...
Eli Lilly to seek approval of obesity drug that could disrupt weight loss market
Eli Lilly will apply for approval of an obesity drug that a late-stage study showed can slash a person’s body...
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