The latest short-form news audio from FSN Bureaus worldwide
There is relief in the UK among the country’s tech firms, following HSBC’s takeover of the British arm of the failed Silicon Valley Bank.
Following all-night talks between the British government, HSBC bosses and the Bank of England, HSBC has secured depositors’ investments, at no taxpayers’ expense.
Nina-Maria Potts has the latest:
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UK Prime Minister Rishi Sunak says his government will spend an extra $6bn on defence over the next two years - in a bid to counter hostile threats. The announcement comes as Sunak meets with US President Joe Biden and Australian PM Anthony Albanese in San Diego. Laura Makin-Isherwood reports from London.
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Nigeria's economy has lost an estimated 40 billion dollars since the introduction of a cash mop up exercise by the country's Central Bank.
A new report by an economic think tank, Centre for the Promotion of Private Enterprises, says the situation has also led to a major risk to the livelihoods of citizens.
Correspondent Tesem Akende reports from Jos.
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In England, hospitals are canceling tens of thousands of appointments and operations this week- prompted by a three day strike by junior doctors.
Some 61,000 junior doctors have kicked off a 72 hour strike, and they are demanding a 35 per cent pay rise.
Nina-Maria Potts has the latest:
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Everything Everywhere All at Once was the big winner at the 95th Academy Awards, taking home seven Oscars, including the Best Picture prize.
The science fiction film's star Michelle Yeoh [YO] became the first Asian to win the Best Actress award.
US correspondent Ira Spitzer reports.
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Everything Everywhere All at Once has swept to Oscar glory as the psychedelic sci-fi comedy drama picked up seven Academy Awards, including Best Picture.
The film's stars also won Best Supporting Actor and Actress, and Michelle Yeoh, the movie's lead, became the first Asian woman to score Best Actress.
Our US Correspondent Benji Hyer has this round-up.
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People and businesses with accounts at the failed Silicon Valley Bank will be able to access their money following an intervention from the federal government.
The US Treasury, the Federal Reserve and Federal Deposit Insurance Corporation on Sunday confirmed depositors would be fully protected following the collapse of what was the country's 16th largest lender — that is until regulators seized its assets on Friday.
Benji Hyer reports.
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China’s President Xi Jinping says greater stability and self-reliance will be the country’s priorities for his next five years in charge. He is beginning an historic third term in office after winning unanimous backing from China’s National People’s Congress.
Richard Kimber reports from Hong Kong.
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US regulators have taken control of the tech-focused lender Silicon Valley Bank, following a run on deposits.
Customers had become increasingly concerned about the health of the bank which had been forced to sell assets at a loss recently due to rising interest rates.
Ira Spitzer has more from San Francisco.
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President Joe Biden insists his economic plan is "working" and the country is "heading in the right direction" after the US posted another strong jobs report.
The economy added 311,000 jobs in February, according to the Labor Department's closely watched monthly employment snapshot released on Friday.
But that figure represents a relative decline from a blockbuster January report, when a revised 504,000 jobs were added. The unemployment rate has also ticked up slightly to 3.6%.
Our US Correspondent Benji Hyer has the details.
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