Three reasons to cheer europe's economy
- World
- February 25, 2015
one of the biggest banks in the cryptocurrency industry, said on Wednesday it was planning to wind down operations and liquidate voluntarily Shares of crypto-related companies fell on Thursday, as the bank’s collapse sparked a crisis of confidence in the industry. Silvergate shares were down 26% while peer Signature Bank (NASDAQ:SBNY) and former Silvergate partner
READ MOREStartup-focused lender SVB Financial Group became the largest bank to fail since the 2008 financial crisis on Friday, in a sudden collapse that roiled global markets, left billions of dollars belonging to companies and investors stranded. California banking regulators closed the bank, which did business as Silicon Valley Bank, on Friday and appointed the Federal
READ MOREGuyana’s coming auction of offshore oil exploration blocks has lured at least 10 companies including Shell (LON:RDSa), Petrobras and Chevron , to consider the decade’s hottest oil region, people close to the matter said. The South American country is offering 14 offshore blocks, a move to speed economic development and reduce an Exxon Mobil-led consortium’s
READ MOREThe BSE Sensex index surged 494.54 points, or 0.84 percent, to 59,269.26, and the NSE Nifty jumped 149.70 points, or 0.85 percent, to 17,672.15. The Nifty IT index climbed 1.6 percent after four straight sessions of losses, while the Nifty Metal index added 2 percent. From the Sensex pack, Titan, Tech Mahindra, Mahindra & Mahindra,
READ MORESelf-Styled Godman Builds Illegal Temple A self-styled godman has constructed an unauthorized temple in Uttarakhand’s Bageshwar district, igniting local outrage. The temple, located near a sacred lake in the eco-sensitive Suderdhunga river valley, has been built without permission, raising concerns among residents about potential desecration of the sacred site. Local Outrage and Desecration Claims The
READ MORE