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Friday, May 10, 2024
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UBS examining takeover of Credit Suisse to stem banking turmoil, sources say

By John O'Donnell (Reuters) - UBS AG was examining on Saturday a takeover of embattled lender Credit Suisse that could see the Swiss government offer a guarantee against the risks involved, two people

UBS examining takeover of Credit Suisse to stem banking turmoil

By John O'Donnell (Reuters) - UBS AG was examining on Saturday a takeover of embattled lender Credit Suisse that could see the Swiss government offer a guarantee against the risks involved, two people

Credit Suisse weighs survival options as regulators push UBS deal

By Stefania Spezzati, Oliver Hirt and Tom Sims (Reuters) - Regulators urged Credit Suisse Group AG to pursue a deal with Swiss rival UBS AG as the troubled bank began a make-or-break weekend after

Credit Suisse weighs survival options, under pressure to merge with UBS

By Stefania Spezzati, Oliver Hirt and Tom Sims (Reuters) - Credit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank and regulators urged it

Credit Suisse meets to weigh options, under pressure to merge with UBS

By Stefania Spezzati and Oliver Hirt (Reuters) - Credit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank as regulators urged it to pursue a

Credit Suisse faces crucial weekend with its future in balance

By Stefania Spezzati and Oliver Hirt (Reuters) - Credit Suisse Group AG headed into a make-or-break weekend after some rivals grew cautious in their dealings with the struggling Swiss lender and its

UBS in talks to buy embattled Swiss rival Credit Suisse, FT says

By Stefania Spezzati and Oliver Hirt (Reuters) - UBS Group AG is in discussions to take over all or part of Credit Suisse, the Financial Times reported on Friday, after an emergency funding lifeline

UBS in talks to buy embattled Credit Suisse, FT says

By Stefania Spezzati and Oliver Hirt (Reuters) - UBS Group AG is in discussions to take over all or part of Credit Suisse, the Financial Times reported, after an emergency funding lifeline offered

Global equities fall, gold surges as banking worries linger

By Chris Prentice and Elizabeth Howcroft NEW YORK/LONDON (Reuters) - Investor sentiment remained fragile on Friday despite massive rescue for the banking sector, leaving global equities under pressure

Dollar slips as banking turmoil snares markets

By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar fell on Friday as further declines in the shares of Credit Suisse and First Republic Bank rattled markets fearful of contagion

On Camera

What’s Xi Jinping doing in Europe? His goal is more strategic than economic

India should aim to get European investments that are clearly no longer going to China. That is where the dots of its efforts to save Asia from China’s dominance converge at its most basic.

Day after mass sick leave by employees, Air India Express fires crew members, cancels 85 more flights

About 300 employees had called in sick Wednesday, allegedly in protest against mismanagement of airlines. Remaining staff given ultimatum to rejoin work by end of Thursday.

Vice Admiral Sanjay Bhalla takes charge as Chief of Personnel of the Indian Navy

His tenure as Chief of Personnel will be marked by a number of important appointments, both afloat and ashore.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.