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Hindustan Zinc's $1.3 bn dividend plan raises concerns over cash use
The Rajasthan-based miner will pay an interim dividend of 26 rupees per share totaling 109.9 billion rupees, according to an exchange filing Tuesday
 "Hindustan Zinc's $1.3 bn dividend plan raises concerns over cash use")
Who are the owners of the risky, worthless Credit Suisse's AT1 bonds?
Big money managers such as Pacific Investment Management Co. and Invesco Ltd. are among the largest holders, owning around $807 million and $370 million, respectively
 "Who are the owners of the risky, worthless Credit Suisse's AT1 bonds?")
China's Xi aligns with Putin against US, but hesitates on big gas deal
Xi saw an opportunity to push back at the US and buttress his image as a global statesman after helping to broker a Saudi-Iran deal, while Putin can show he has the support
 "China's Xi aligns with Putin against US, but hesitates on big gas deal")
Bitcoin set to extend its 70% surge this year if key charts are right
Some analysts argue the token is being viewed as a hedge against the woes in the US and European banking sectors and benefiting from expectations of looser monetary policy
 "Bitcoin set to extend its 70% surge this year if key charts are right")
How Vartika Shukla, the first female leader at EIL, is plotting change
Shukla, who's worked for the company for more than three decades, is attempting to change its profile, branching out from construction of fossil-fuel plants into new areas
 "How Vartika Shukla, the first female leader at EIL, is plotting change")
Ukraine clinches $15.6 billion IMF loan, a first for nation at war
The program will be divided into two phases. In the first, lasting 12-18 months, Ukraine will take measures to strengthen fiscal, external, price and financial stability
 "Ukraine clinches $15.6 billion IMF loan, a first for nation at war")
Silicon Valley Bank Financial must wait to get back $2 billion from FDIC
The FDIC's decision to lock down the $2 billion creates jeopardy in the bankruptcy case, said Tom Lauria, a lawyer representing a large bondholder, Appaloosa LP
 "Silicon Valley Bank Financial must wait to get back $2 billion from FDIC")
Silicon Valley Bank's loans to insiders tripled to $219 mn before it failed
The surge in loans to high-up figures may draw scrutiny as the Federal Reserve and Congress investigate the breakdown of Silicon Valley Bank, the biggest US bank collapse in more than a decade
 "Silicon Valley Bank's loans to insiders tripled to $219 mn before it failed")
Biden to curb China growth for chipmakers getting federal funds
The $50 billion CHIPS and Science Act will bar firms that win grants from expanding output by 5 per cent for advanced chips and 10 per cent for older technology
 "Biden to curb China growth for chipmakers getting federal funds")
Swiss are on the hook for $13,500 each on Credit Suisse bailout
Govt to make as much as 109 billion Swiss francs available - a burden on the nation of 8.7 million
 "Swiss are on the hook for $13,500 each on Credit Suisse bailout")
Apple seeks reform to India's labor laws to diversify beyond China
Apple is seeking changes in India's labor laws as part of its effort to expand local production, and regional govts are yielding to its request as they are eager to snatch iPhone assembly from China
 "Apple seeks reform to India's labor laws to diversify beyond China")
Neo to partner with OpenAI, Microsoft to give free software, advice to cos
The startups also will get access to researchers and mentors at Microsoft and OpenAI
 "Neo to partner with OpenAI, Microsoft to give free software, advice to cos")
HZL to pay Rs 10,990-crore interim dividend at 1,300% of face value
The Rajasthan-based miner will pay an interim dividend of 26 rupees per share, according to an exchange filing Tuesday
 "HZL to pay Rs 10,990-crore interim dividend at 1,300% of face value")
UBS on track for biggest gain since Mar 2020 post Credit Suisse takeover
UBS Group AG jumped as much as 10%, on track for its biggest gain since March 2020, as investor optimism about the takeover of its largest rival gathered pace
 "UBS on track for biggest gain since Mar 2020 post Credit Suisse takeover")
Emirates asks India for Open Skies accord amid rising demand, competition
Emirates President urged India to embrace a so-called Open Skies accord with the airline's home country that would give carriers greater access to each other's market, amid rising competition
 "Emirates asks India for Open Skies accord amid rising demand, competition")
Credit Suisse crisis likely to make rich Indians wary of wealth managers
"In the past 15 years or so, many multinational financial institutions have come and exited Indian markets and the latest incident was making wealthy investors nervous"
 "Credit Suisse crisis likely to make rich Indians wary of wealth managers")
Credit Suisse collapse reveals ugly truths about Switzerland for investors
In the race to secure UBS Group AG's purchase, the govt invoked the need for stability and emergency legislation to override two key aspects of open markets: competition law and shareholder rights
New York tops the list of world's most expensive cities for business travel
The US dominated the ranking overall, with Washington DC and San Francisco both making the top five on the leaderboard, while Switzerland chimed in with Geneva and Zurich
 "New York tops the list of world's most expensive cities for business travel")
US officials study ways to guarantee all bank deposits if crisis expands
One legal framework under discussion for expanding FDIC insurance would use the Treasury Department's authority to take emergency action and lean on the Exchange Stabilization Fund, the people said
 "US officials study ways to guarantee all bank deposits if crisis expands")
Covid report based on China samples puts suspicion back to animal origins
In some samples there was more animal genetic material than human genetic material indicating possible SARS-CoV-2 infections in animals, the report says
 "Covid report based on China samples puts suspicion back to animal origins")