ECB hikes due to SNB bailout

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Source: Dukascopy Bank SA
Reuters has reported that the European Central Bank confidently hiked its base interest rate by 0.50% due to the Swiss National Bank bailing out Credit Suisse.
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Fri, 17 Mar 2023 09:29:08 GMT

First Republic shares continue to decline

The stock price of First Republic Bank has continued to decline despite the rescue deal done by JPMorgan Chase, the Federal Reserve and the US Treasury for 11 firms to deposit $30 billion at the failing bank.

Thu, 16 Mar 2023 14:30:08 GMT

Tyson Foods shuts down factories

Tyson Foods has announced that it would close two chicken processing plants in the US. By doing so the company would fire 1,700 workers.

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