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Europe · MoscowMoscow may seek compensation over damage from last year's explosions on the Nord Stream gas pipelines, news agency RIA Novosti reported on Monday, citing a Russian diplomat. The pipelines, which connect Russia and Germany under the Baltic Sea, were hit by unexplained blasts last September in what Moscow called an act of "international terrorism".
Russia may demand compensation over Nord Stream explosions -diplomat
Coverage: 7 sources
Zach LaVineZach LaVine scores 32 points to lead the Chicago Bulls to a 118-108 victory over the Los Angeles Lakers. LeBron James scored 19 points off the bench in his return from a monthlong injury absence. The Lakers failed to get above .500 for the first time since Jan. 9, 2022.
LeBron returns from injury, but Lakers lose 118-108 to Bulls
55% Left coverage: 33 sources
BusinessSight deposits – cash held by the SNB for commercial banks overnight – jumped to 567 billion Swiss francs ($619 billion) from 515 billion francs a week earlier. The 52 billion franc increase was the second-highest on record, just behind a 52.4 billion franc leap in August 2011. Last week’s rise indicates that both UBS and Credit Suisse may have used some of the 200billion francs in extra liquidity.
Swiss sight deposits jump, suggesting Credit Suisse, UBS took emergency liquidity
Coverage: 2 sources
Vladimir PutinBy Florence Tan SINGAPORE - Oil prices climbed in early trade on Monday as concerns over turmoil in the banking sector eased, while comments by Russian President Vladimir Putin over the weekend ratcheted up geopolitical tensions in Europe. Brent crude futures gained 33 cents, or 0.4%, to $75.32 a barrel at 0040 GMT. U.S. West Texas Intermediate crude was at $69.65 a barrel, up 39 cents
Oil prices climb in relief rally as banking concerns ease
80% Center coverage: 5 sources
BusinessAsian shares follow US stock futures higher on hopes authorities are working to ring-fence stress in the global banking system. Helping nerves were reports First Citizens BancShares was in advanced talks to acquire Silicon Valley Bank from the Federal Deposit Insurance. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1 per cent. The mood remained jittery after shares in Deutsche Bank fell 8.5 per cent on Friday.
Asia shares skittish, US and Europe futures edge higher
50% Center coverage: 6 sources
BusinessThe global financial crisis has the potential to be a repeat of 2008, says the head of Australia's No.4 bank. He says the country is in a better position than other countries to deal with the crisis. But he says it is too soon to tell if the crisis will be a long-term problem.
ANZ's CEO says banking turmoil has potential to trigger financial crisis
34% Center coverage: 6 sources
BusinessLending to businesses in the 20 nation currency bloc expanded by 5.7% in February after a 6.1% rise a month earlier. Household credit growth slowed to 3.2% from 3.6%. Lending has slowed sharply on an economic downturn and the fastest rate hikes by the ECB on record.
Euro zone lending slows again in Feb, ECB says
67% Center coverage: 3 sources
BusinessThe dollar was firm on Monday, while the yen hovered near its seven-week peak as investors assessed moves made by authorities and regulators to rein in worries over the global banking system.
Dollar steady as banking crisis fears keep investors jittery
66% Center coverage: 6 sources
