Applied Materials announces new $10 bln share buyback plan, hikes dividend

Applied Materials, which makes equipment to produce chips, said on Monday that its board has approved a new $10 billion share repurchase scheme, and also
Circle says $3.3 bln USDC reserves to be fully available on Monday

Cryptocurrency firm Circle said on Sunday all its depositors with the collapsed Silicon Valley Bank and Signature Bank will be made whole and the $3.3 billion USDC
Novartis initiates new trading line for share buybacks

Novartis said on Monday it received regulatory clearance to open a separate trading line for potentially up to 16.5 billion Swiss francs ($18.1 billion) in
Pfizer looks past COVID with $43 bln deal for cancer drug innovator Seagen

Pfizer Inc struck a $43 billion deal for Seagen Inc to add innovative targeted therapies to its portfolio of cancer treatments as it braces for a steep
Storm Freddy kills more than 60 on return to Mozambique, Malawi

Mozambique and Malawi on Monday were counting the cost of Tropical Storm Freddy, which killed more than 60 people, injured scores and left a trail
Bank of England seeks to wind up Silicon Valley Bank’s UK arm

The Bank of England said on Friday that it was seeking a court order to place Silicon Valley Bank UK Limited into an insolvency procedure,
Most Middle Eastern stock markets in red as bank worries spread

Most stock markets in the Middle East ended lower on Sunday, with the Egyptian bourse leading the declines, in response to Friday’s fall in global
Panama gives Canada’s First Quantum go-ahead to operate port terminal

Panama’s Maritime Authority has lifted a suspension on First Quantum Minerals’ operations at the port of Punta Rincon, which the Canadian company uses to export
Biden speaks with California governor about Silicon Valley Bank – White House

U.S. President Joe Biden spoke with California Governor Gavin Newsom on Saturday about the Silicon Valley Bank failure and efforts to address the situation, the
Saudi sovereign wealth fund near $35 billion deal for Boeing jets, WSJ says

Saudi Arabia’s Public Investment Fund (PIF) is close to a deal to order Boeing commercial jets for the fleet of a new national airline, the

