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BBCNEWS BBC News July 6, 2024

he committed for several months. it s been 20 years since the us led coalition began its war in iraq to topple the dictator saddam hussein we ll assess the legacy. and valencia s streets come to life for a five day festival, celebrating the spanish city s culture, history and people. hello and welcome to the programme. switzerland s biggest bank, ubs, has agreed to take over its troubled rival, credit swiss. the rescue deal follows a weekend of emergency talks between the two banks, after credit suisse saw its value plummet over the past week. banking regulators hope the deal will restore confidence to the financial markets. credit suisse had been caught up in the market uncertainty triggered by the collapse, nine days ago, of america s silicon valley bank. here s the swiss president, speaking at a press conference. on friday, the liquidity outflows and market volatility showed it was no longer possible to restore the necessary confidence, and that the swift and st ....

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BBCNEWS BBC News July 6, 2024

to $1 billion, although bloomberg reports that credit suisse sees that as vastly undervaluing the bank. 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 now. an urgency around these talks in switzerland to try and facilitate this takeover by ubs. this takeover by ubs. yes, the shares were this takeover by ubs. yes, the shares were sliding this takeover by ubs. yes, the shares were sliding all- this takeover by ubs. yes, the shares were sliding all last - this takeover by ubs. yes, the i shares were sliding all last week and there was a period of a pause for a couple of days when markets have been shut till tomorrow morning, so this has given them time to sort th ....

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BBCNEWS BBC News July 6, 2024

vladimir putin, has visited the ukrainian city of mariupol. it s the first time he s ventured inside territory seized by russian forces since last years invasion. his visit, under cover of darkness, has been fiercely criticised by the exiled council of the southern port city, which has seen some of the fiercest battles of the war. i m joined now by the ukranian mp for kharkiv, maria mezentseva. thank you for being with us. what you make of this visit by president putin? well, nothing spectacular really. it is one of the first visit to the occupied territories that president putin has conducted. this is the scene of a brutal invasion. and i am looking at the footage of him sitting all alone in the filler monarch building, and russian authorities are claiming that they have restored the building etc, we are asking, what has been done regarding the cleaning of the green seeds over their quest but this is not a joke for us at all. apart from criticising that visit, i am lin ....

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BBCNEWS BBC News July 6, 2024

hello and welcome to the programme. the financial times is reporting that ubs has offered to buy credit suisse for up to $1 billion dollars, although bloomberg reports that credit suisse sees that as vastly undervaluing the bank. 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 dollars by switzerland s central bank, but that had not prevented a sharp fall in its share price. our business correspondent marc ashdownjoins me now. where are we up to with these negotiations? ﬁst where are we up to with these negotiations? where are we up to with these negotiations? where are we up to with these ne . otiations? ., ., negotiations? at the moment we have not heard anything negotiations? at the moment we have not heard anything new negotiations? at the moment we have not heard anything new for negotia ....

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BBCNEWS BBC News July 6, 2024

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. ....

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