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PacWest shares plunge 60pc as US bank explores sale
Backwest Banking Crisis Fears - Morgan Lieberman/BloombergPacWest shares fell as much as 60 percent in after-hours trading in New York amid talks to bail out the US regional bank.The bank has instructed boutique investment banker Piper…
PacWest explores potential sale after shares plummet 50%
Backwest said potential partners and investors have reached out to her and she has been reviewing strategic options as the California swing lender becomes the latest midsize US bank to seek a financial lifeline amid the worst…
Wyoming mayor regrets fiery post about abortion clinic
A new abortion clinic in deeply conservative Wyoming is stirring strong emotions, with the mayor of the state's second-largest city apologizing for a Facebook post some said sparked a deliberate attack that delayed the clinic's opening by…
How former banker carved a niche with live animal exports
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How the former banker carved a niche with live animal exports
Thursday 04 May 2023
Cattle for export to Oman through quarantine at Lamu Port on a plot of land near Lamu Port before being loaded onto the Mv Banyas 1 Lome…
Airbnb to target single-room listings as cost of living bites
An "urgent focus" on affordability has prompted Airbnb to promote denser rooms within people's homes, rather than entire properties, returning back to the travel platform's roots.
The company will raise the profile of its listings of a…
Slate Grocery REIT Reports First Quarter 2023 Results
This section is Partnership Content supplied The content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content.…
Corning closes Israel development center
More than 70 employees work in the Wireless Optical Communications Development Center in the airport city.
American optical communications and glass and ceramics…
ECB to raise interest rates for a seventh time in inflation fight By Reuters
© Reuters. A view of the European Central Bank headquarters in Frankfurt, Germany on March 16, 2023. REUTERS/Heiko Becker/File Photo
Written by Balaz Corani and Francesco Canepa FRANKFURT (Reuters) - The European Central Bank will…
Dow Jones Falls On Peak-Rate Uncertainty; QCOM Falls, RUN. ETSY Rise After Earnings|…
The Dow Jones Industrial Average fell 0.8% and closed near session lows on Wednesday after the Fed raised interest rates by 25 basis points and raised the effective rate to 5%-5.25% signaling a pause in rate hikes.
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The S&P 500…
Airbus keeps delivery goals unchanged amid supply-chain hurdles (OTCMKTS:EADSY)
Michael Dirrer-Fox/iStock Editorial via Getty Images Airbus (OTCPK: EADSY) (OTCPK: EADSF) on Wednesday maintained its goal of delivering about 720 aircraft to other airlines or customers by the end of the year. Analysts questioned the…
