we ll have a special report. hello, very warm welcome to the programme. the financial times is reporting that ubs switzerland s biggest bank has agreed to buy credit suisse for more than two billion dollars. there s been no confirmation yet of whether the offer has been accepted. it s thought an earlier offer of $1 billion was considered too low. the swiss banking giant had been caught up in the market uncertainty triggered by the collapse, nine days ago, of america s silicon valley bank. it had been offered an emergency credit facility of more than $50 billion by switzerland s central bank, but that had not prevented a sharp fall in its share price. our business correspondent marc ashdownjoins me. we spoke a little earlier. it s not offering to billion. offering to billion. they have aareed offering to billion. they have agreed that offering to billion. they have agreed that figure. offering to billion. they have agreed that figure. it s - offering to billion. they
the financial times is reporting that the swiss bank ubs has offered to buy its rival, credit suisse, for more than $2 billion. the swiss government is due to hold a press conference in about half an hour s time in bern. credit suisse had been caught up in the market uncertainty triggered by the collapse, nine days ago, of america s silicon valley bank. it had been offered an emergency credit facility of more than $50 billion by switzerland s central bank, but that had not prevented a sharp fall in its share price. let s get more on this with our business correspondent, marc ashdown. mark, what you make of the announcement, the possible announcement? the possibility that ubs might be buying? fix, announcement? the possibility that ubs might be buying? announcement? the possibility that ubs might be buying? a deal has been aareed u- ubs might be buying? a deal has been agreed up and ubs might be buying? a deal has been agreed up and it ubs might be buying? a deal has bee
measure designed to protect the swiss economy. both banks will be given a liquidity assistance loan of up to $110 billion. ukraine condemns president putin after he visits the devastated city of mariupol captured during the russian invasion. an aide to president zelensky called him a criminal returning to the scene of his crime. environmental scientists prepare to unveil eight years work showing the global scale of the climate change. this report is expected to become the benchmark for world governments on how to respond to the growing crisis. serbia s president, aleksandar vucic, says he has declined to sign a proposal by the european union intended to normalise relations with kosovo. the eu has been trying to broker a deal, 15 years after kosovo declared independence. you re watching bbc news. coming up click but first it s time for sportsday hello and welcome to sportsday i m gavin ramjaun. 8 points clear and flying arsenal put crystal palace away at the emirates
by the european union intended to normalise relations with kosovo. you re watching bbc news. now its time for the media show: writing a first draught of history. my guest today has covered some of the most defining stories of our time. gary younge briefly became part of nelson mandela s entourage, joined revellers as president obama was elected, and has covered much else too gay marriage, brexit, the windrush scandal, and the black lives matter movement. gary left as a full time journalism at the guardian in 2020 to become professor of sociology at the university of manchester. although he continues to write articles for various publications and books. his new one is a collection of his journalism called dispatches from the diaspora. gary younge, welcome to the media show. let s go back to some of where it all began. you studied french and russian at heriot watt university in edinburgh, and then in yourfinal year you received a scott trust bursary from the guardian to study
by the european union intended to normalise relations with kosovo. you re watching bbc news.coming up it s the travel show but first it s time for sportsday hello and welcome to sportsday i m gavin ramjaun. a five star showing from brighton as the premier league side end grimsby s fa cup dreams of wembley semi final. 8 points clear and flying arsenal put crystal palace away at the emirates, with saka on the scoresheet twice. and exeter beat london irish in extra time to win the premiership rugby cup. from the bbc sports centre, this is sportsday. hello there, and welcome along to sportsday. as the fa cup quarter finals come to their conclusion. and real cracker to finish with. manchester united got the better of fulham at old trafford. in a fiery encounter. it was a relatively quiet first half but it really sparked after half time. fulham took the lead thanks to aleksander mitrovic. who would later go from hero to villain. willian was judged to have handled on the lin