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
kevin mccarthy in california. and an early morning statement the spokesperson for the chinese ministry accused washington of colluding with taiwan especially over the issue of arms sales. earlier mr mccarthy said they must strengthen economic cooperation with the island that china has claimed as its own. claimed as its own. whether it s out deep claimed as its own. whether it s out deep commercial - claimed as its own. whether. it s out deep commercial ties, strong people to people relationships or shared values, our cooperation with the people of taiwan continue to expand through dialogue and exchange. mr mccarthy is the most senior us figure to meet with a taiwanese leader on american soil since 1979, taiwanese leader on american soilsince 1979, despite taiwanese leader on american soil since 1979, despite the rhetoric, though, taiwanese firms do big business with both china and the united states in fact china is taiwan s largest trading partner. earlieri spoke with the
latest sports news. thanks forjoining us on the programme. lots to get through but we start with football on a busy night of action around europe. in the premier league there s been two huge matches with implications at both ends of the table. manchester united moved back into the top four, after a 1 0 win over brentford at old trafford. marcus rashford with the goal in the first half. it s a victory that lifts united back above tottenham in the race for champions league places. i think we played very good foot tall, especially the first half, it s not easy against this very good team. we took great chances, the first half especially. the second half it was better but we saw what i missed on the sunday, and we do it over the line. and manchester united are level on points with newcastle who stay third but improved their goal difference even further with a 5 1 demolition of west ham at the london stadium. callum wilson and joelinton had them two up, before kurt zouma
in california, in an early morning statement, the ea rly morning statement, the spokesperson early morning statement, the spokesperson for the chinese ministry accused washington of colluding with taiwan, especially over the issue of arms sales, earlier mr mccarthy said washington must strengthen in economic cooperation with the island that china has claimed as its own. whether it is our deep claimed as its own. whether it is our deep commercial- claimed as its own. whether it is our deep commercial ties, l is our deep commercial ties, strong people to people relationships, our shared values, our cooperation with the people of taiwan continue to expand through dialogue and exchange. mr to expand through dialogue and exchanae. ~ a ., , , exchange. mr mccarthy is the most senior exchange. mr mccarthy is the most senior us exchange. mr mccarthy is the most senior us figure - exchange. mr mccarthy is the most senior us figure to - exchange. mr mccarthy is the | most senior
thanks forjoining us on the programme. lots to get through but we start with football on a busy night of action around europe. in the premier league there s been two huge matches with implications at both ends of the table. manchester united moved back into the top four, after a 1 0 win over brentford at old trafford. marcus rashford with the goal in the first half. it s a victory that lifts united back above tottenham in the race for champions league places. i think we played very good foot tall, especially the first half, it s not easy against this very brentford good team. we took great chances, dominant, the first half especially. the second half it was better but we saw what i missed on the sunday, determined, passion and desire, and we draw it over the line. and manchester united are level on points with newcastle who stay third but improved their goal difference even further with a 5 1 demolition of west ham at the london stadium. callum wilson and joelinton