giant has revealed results for the first quarter of this year. the last quarter before it had to be rescued by its swiss rival andy illustrate the scale of the crisis which was around the corner. betweenjanuary and march, credit suisse made a pre tax loss of nearly one and a half billion dollars and to add to its woes, a massive amount of deposits were withdrawn in that three month period. total output was nearly $69 billion and to remind you what happened next, there were fresh doubts about the stability of the wider banking industry, just a few weeks ago investors became increasingly fearful for the future of credit suisse, it was eventually bought by the swiss rival in what was described as an emergency rescue. the $3 billion price tag a mere fraction of what the bank would have been previously valued. this crop looked cross live to the head of investment at interactive investment. for being with us. what s interesting is that we also heard from credit suisse today that wi
evacuating their citizens from the capital khartoum as fighting between two rival armed groups continues. most of those being evacuated are diplomats and their families. these are pictures of french nationals leaving earlier. spain, germany and italy are among other countries still evacuating people. the us and uk have already flown diplomats out, as well as canada. canada s prime minister, justin trudeau, tweeted that canadian officials in nearby countries have also been mobilized to help . he says they re stationed in nearby djibouti which has european and american military bases. sudan s army has been fighting a rival paramilitary group, the rsf, for more than a week. this is the scene in the capital, khartoum. and while foreign nationals are airlifted out, sudan s civilians remain trapped in the fighting. the violence worsening the country s already desperate humanitarian crisis. our correspondent mayeni jones is in lagos with the latest. it s a very difficult situation
If you were alive before 1970, your family most likely had a jar of Seidner’s Mayonnaise in the refrigerator. It was a great mayo produced for many years at a
Prime Minister Narendra Modi handed over 15,024 homes to economically weaker sections in Maharashtra s Solapur district, as part of the world s largest affordable housing project under PMAY-U. The project, spanning 350 acres, is divided into two phases and will construct a total of 30,000 flats across 833 buildings. Each dwelling unit costs Rs 6.10 lakh, including infrastructure priced at Rs 5,00,000.