Flights were canceled in and out of the northern German cities of Bremen and Hamburg, and the capital, Berlin, as workers went on strike on Monday. Airport staff embarked on the walkouts called by the Verdi trade union in a dispute over pay for workin…
Day: March 13, 2023
EUROPEAN STOCKS FALL 2.5%, BANKS SLIDE 5.7% AFTER HSBC RESCUES SILICON VALLEY BANK UK
European markets were trading 2.5% lower Monday morning as global investors focused on the fallout from the Silicon Valley Bank collapse. The pan-European Stoxx 600 index was down 2.35% at 9:56 a.m. London time, with all sectors and major bourses in n…