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
than previously thought. and coming up on the bbc news channel, two late james anderson wickets put england in a strong position after day one of the opening test against new zealand. good afternoon and welcome to the bbc news at one. the energy company centrica, which owns british gas, has seen its profits more than triple for last year because of rising oil and gas prices. the earnings were £3.3 billion, compared to £948 million from the year before. british gas was recently criticised for using debt agents to force fit pre payment meters into the homes of vulnerable customers. here s our business correspondent, theo leggett. net zero means hydrogen and solar. centrica says it is focused on clean energies of the future, but right now it s making bumper profits because of high oil and gas prices. they soared last year after the invasion of ukraine and the company, which owns british gas, is reaping huge benefits. last year it made £3.73 huge benefits. last year it made £
Hello and welcome to sportsday, hugh ferris. The headlines this evening. Bathing in the roman sun. Europe regain the ryder cup on a dramatic final Day Laurenjames helps chelsea start the new wsl season with a win and helping the ten men to a point, Nicolas Dominguez marks his Nottingham Forest home debut with a goal hello again. With the roars of the roman galleries their backdrop, europe have regained the ryder cup. Built on a record breaking start to the weekend. Luke donalds team kept the usa at bay right until the end, despite the americans ensuring some final day drama in the singles. The winning moment fell to Tommy Fleetwood, as europe claim a seventh straight ryder cup at home winning this one by 16 and a half points to 11 and a half. Andy swiss reports from rome. The final charge for glory fans rushed to the best seats, it was your help those in the best voice. The host needed just four points in america needed a miracle but both were full of confidence. It is america needed a
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