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Business
Completion of UBS deal to buy Credit Suisse overshadowed by bond risks
In a package orchestrated by Swiss regulators on Sunday, UBS will pay 3 billion Swiss francs (USD 3.23 billion) for Credit Suisse.
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Business
08:29
Warren Buffett in contact with Biden team on banking crisis
Buffet also offered broad advice on how to deal with the financial situation, according to the report.
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Business
Sun, 22:01
TikTok’s Chinese parent ByteDance has another popular app worldwide
The Biden administration has addressed concerns over the Chinese social media company’s threats to U.S. national security.
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Business
Sun, 18:32
UBS makes USD 1 billion bid for Credit Suisse, Financial Times reports
The proposed all-share deal between Switzerland's two biggest banks is set to be signed as soon as Sunday evening.
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Business
Sun, 14:06
OpenAI develops USD 25,000 company with help of human liaison
People asked GPT-4 to create a business out of USD 100 and a human liaison that would perform real-world tasks assigned by the AI.
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Business
Sat, 13:08
Credit Suisse weighs options as merger with UBS looms
Swiss regulators are encouraging UBS and Credit Suisse to merge but neither bank is interested.
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Business
Sat, 10:26
EC approves OSGE, a step closer to developing nuclear energy in Poland
OSGE’s mission is to deploy a fleet of small modular nuclear reactors that will contribute towards Poland’s energy independence.
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Business
Fri, 14:07
Two bird flu vaccines prove effective in Dutch lab
This was first such an experiment conducted under a controlled environment.
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Business
Fri, 13:35
Bank rescues in U.S. temporarily ease crisis fears
Large U.S. banks injected USD 30 billion in deposits into First Republic Bank on Thursday.
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Business
Fri, 09:53
TVP manager elevated to EBU CEE Group co-ordinator
Central European Group (CEE Group) brings together public television and radio broadcasters from over 20 countries within the region.
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Business
Thu, 15:55
Credit Suisse secures USD 54 bn lifeline to shore up liquidity
The Zurich-based bank’s announcement helped reverse some of the heavy share market losses.
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Business
Thu, 10:13
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