there were sharp losses in early trading, although banking stocks have since rebounded slightly. ubs is currently up 3.5% let s take a look now at how the markets are performing more broadly. trading began in the us an hour ago. we can see the dow is up, the snp 500 also on 5.2%. in asia and in europe, there was some initial fright taken by investors, particularly because certain bondholders in credit suisse have lost all the value of their investment, but by the middle of the trading day most european indices were trading positively again. now, one aspect of the deal was that any investor holding additional tieri bonds, or ati bonds, in credit suisse will get nothing. that s more than 15 billion euros written off. it spooked the whole ati bond market which is worth more than 200 billion euros. let s discuss this in more details with dan kemp, global chief investment officer at morningstar investment management. why is the burning of these bondholders so controversial? that
you re watching bbc news. now is sportsday. hello and welcome to sportsday i m paul scott live at the bbc sport centre. a hammer blow as arsenal drop points in the premier league title race with west ham coming from 2 0 down to earn a draw. chelsea s quest for the treble is still on as emma hayes side reach the women s fa cup final with a narrow victory over aston villa. and jessica gadirova leads the way for great britain with a third gold medal at the european gymastics championships in turkey. hello and welcome to the programme. it could turn out to be a pivotal sunday at both ends of the premier league, after west ham came from 2 0 down to earn a point against league leaders arsenal. it s a result that leaves the gunners 4 points clear of second placed manchester city having played a game more. whilst it s a boost to west ham s survival chances. olly foster reports. with manchester city breathing down their necks, arsenal knew they could ill afford any more slip
capital, sofia. police say they were in hidden compartments, and had suffocated. thirty four others, including five children, were rescued. now on bbc news our world brits in battle: ukraine. on the battlefields of ukraine, you will notjust find local soldiers but volunteers from all over the world. ukrainian officials say 20,000 international volunteers have travelled to help right back against the russian invasion. many of them came from brayton. they needed help so that is why i got out and help. i they needed help so that is why i got out and help. i got out and help. i have a purpose i got out and help. i have a purpose to i got out and help. i have a purpose to life. i got out and help. i have a purpose to life. from - i got out and help. i have a| purpose to life. from those i got out and help. i have a - purpose to life. from those who never held purpose to life. from those who never held a purpose to life. from those who never held a weapon purpose to li
hello and welcome to the programme, i m lewis vaughan jones. the fighting continues in the sudan capital, khartoum. there are conflicting reports though that the french embassy convoy was hit with gunfire, which led to their return and disruption of the evacuation process. the sudan army are fighting with the rtf. in a statement released a short time ago, the spokesman for the sudanese army has accused its opponents of: attacking the french embassy convoy with gunfire, which forced the convoy to return and abort the evacuation. the attack also resulted in wounding a frenchman. the spokesman went on to say that: the sudanese army condemns this barbaric behaviour and violence, which is a characteristic of the rapid support militia. but let me bring you this from the rsf which has tweeted saying the rapid support forces were attacked by aircraft during the evacuation of french nationals. we have had no international confirmation. we approached the french government and they c