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BBCNEWS World Business Report July 6, 2024



let s now get down to business and the drama that let s now get down to business and the drama that has let s now get down to business and the drama that has been unfolding over the weekend in switzerland is dominating once again. they ve had fraught negotiations as the authorities, the central bank and leaders of two of its biggest banks tried to reach a deal to prevent another damaging financial crisis. late on sunday it was announced. the troubled bank credit suisse has been taken over by its rival ubs in a government backed rescue worth over $3.1 billion. that s less than half the value of credit suisse at the close of trade on friday. the deal s been widely welcomed, including by the bank of england, the european central bank and in the us. switzerland s central bank wanted to prioritise financial stability and protect the swiss economy. here s the chief executive of ubs. translation: it means we bring back stability translation: it means we bring back stability ....

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BBCNEWS World Business Report June 4, 2024 05:50:00

They are open to writing off some of the lines sri lanka owns two china s banks? shall some of the lines sri lanka owns two china s banks? all the bilateral predictors owns two china s banks? all the bilateral predictors will - owns two china s banks? all the bilateral predictors will be - bilateral predictors will be treated equally. there will not be providential treatment for any country. they are not pushing for a debt payment immediately but in the interim they re willing to sit and negotiate and discuss. we have the vehicle to paper not the capacity so we need to get capacity so we need to get capacity back so that is going to be very difficult and serious discussion. i’ll to be very difficult and serious discussion. i ll be askinu serious discussion. i ll be asking too serious discussion. i ll be asking too much - serious discussion. i ll be asking too much of - serious discussion. i ll be asking too much of the l serious discussion. i ll be | asking too much of the sri la ....

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BBCNEWS BBC News June 4, 2024 08:40:00

Country to boost business investment in this country and to boost business investment in this country and get the economy growing again country and get the economy growing again in country and get the economy growing aaain. . country and get the economy growing aaain. , ., ., , again. in terms of easing the financial burden again. in terms of easing the financial burden which - again. in terms of easing the financial burden which the i financial burden which the government says it will do, there are a number of things announced, fiscal changes, we do get a finance bill and i must but we don t know what in it. what do you think should be in it when we get to the detail later in the year two i’m be in it when we get to the detail later in the year two later in the year two i m not sure about the later in the year two i m not sure about the finance later in the year two i m not sure about the finance bill, later in the year two i m not sure about the finance bill, the - l ....

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Sars breaks tax revenue record after collecting R1.5 trillion between 2021/22

Sars commissioner Edward Kieswetter announced the preliminary revenue collection outcome for the 2021-2022 financial year in Pretoria. ....

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