the government of switzerland says that the country s biggest bank, ubs, has taken over its troubled rival credit suisse in an emergency measure designed to protect the swiss economy. credit suisse has seen its value plummet over the last week due to fears about the company s financial health. regulators in switzerland had spent the day trying to pave the way for a deal to be struck before the financial markets open tomorrow. here s the swiss president alain berset speaking at a press conference earlier. on friday, the liquidity outflows and market volatility showed that it was no longer possible to restore the necessary confidence, and that a swift and stabilising solution was absolutely necessary. this solution is the takeover of credit suisse by ubs. it is supported by the federal council following several meetings with the swiss national bank, with our regulator, with credit suisse and ubs. the federal council welcomes the takeover and is supporting it by guaranteeing
he d moved up to second, and he stayed there. victory for perez leaves him a point behind verstappen in the drivers championship. britain s george russell was third in his mercedes. the final of the women s indian wells tournament is a repeat of the one at the australian open this year. elena rybakina is playing aryna sabalenka. they are into a first set tie break, six games old. the thai break currently taking place. later carlos alcaraz takes on daniil medvedev in the men s final. if the spaniard wins he ll return to number one in the world rankings. mikaela shiffrin won her 21st career giant slalom at the world cup finals on sunday as the american ended the season with yet another record. the victory moved shiffrin past vreni schneider, a week after matching the swiss skier s mark of 20 world cup victories. the american has won seven of the last eight events and took the giant slalom world title last month. the overall record is held by swedish great ingemar stenmark, who won 46 gi
CHONGLI, Zhangjiakou, Feb. 8 (Xinhua) Ester Ledecka of the Czech Republic and Austria Benjamin Karl took gold in the women and men snowboard parallel giant s
CHONGLI, Zhangjiakou, Feb. 8 (Xinhua) Ester Ledecka of the Czech Republic and Austria Benjamin Karl took gold in the women and men snowboard parallel giant s
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