US Business

The bank’s failure reverberated through startups and venture-capital firms from China to Singapore and India.

Two Saudi Arabian airlines are nearing a deal to buy a total of about 80 Boeing 787 Dreamliners with options for some 40 more, another significant order for the American aircraft manufacturer.

The car maker will take advantage of the country’s rich raw materials and could possibly cash in on U.S.-legislated incentives aimed at encouraging green-tech investments.

The drugmaker would pay $229 a share in cash for the biotech company and its pioneering cancer treatments.

ConocoPhillips expects the project, which environmentalists and many Democrats wanted scuttled, to produce about 180,000 barrels of oil a day at its peak.

The issue’s clout and staying power will likely depend heavily on whether regulators are able to successfully shield the banking system from wider fallout.

Regulators are trying to find buyers for the bank in an effort to repay depositors. 

Their next steps could have ripple effects through the financial system.

Saudi Arabia’s national oil company reported the largest profit by an energy firm, boosting the kingdom’s coffers as it looks to showcase its global business and foreign-policy ambitions.

Riyadh Air is the latest Mideast carrier trying to use its geographic position between Europe and Asia to attract fliers.