Finance

US, Canada plan North American chip corridor, starting with IBM expansion

The United States and Canada said on Friday they would work together to create a bilateral semiconductor manufacturing corridor, as International Business Machines signaled its intent to expand in Canada.The news came as U.S. President Joe Biden, who is visiting...

Economy

Owner puts heavy-lift giant Mammoet up for sale

Owner puts heavy-lift giant Mammoet up for sale Dutch conglomerate SHV’s planned divestment of Mammoet, the world’s largest heavy-lift and engineered transport company, could have a “very important impact” on the sector, according to one consultant. READ SOURCE...

Banking

The fallout from the banking turmoil

It has been a frantic two weeks. The collapse of Silicon Valley Bank on March 10 sparked a domino effect that toppled another regional US lender, Signature Bank, spooked global markets, and led to the emergency takeover of Credit Suisse...

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