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after major concerns over the bank s finances. its shares fell by almost a third on wednesday at one point, forcing the swiss central bank to take action. it issued a statement saying credit suisse can borrow up to $54 billion us to boost its bottom line. today the shares have rebounded and are currently up just over 20%. the selling has continued in asia today, with japan s topix banks index falling more than 4%, after recording its worst day in three years earlier this week. we re nowjoined by craig erlam, who s senior market analyst at oanda. for the story to come out was unfortunate timing. it has the backing of the central bank. covering short positions? it keeps investors that they are holding onto something that is not going to become more innocuous. we will see more volatility over the coming days and now investors are going to be looking at more financial institutions to see if there are material weaknesses there as well. i don t think this is over at this poin ....
Tc Energy's Partnership With New Acretm Project Empowers Farmers To Fight Climate Change menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
CSRWire - TC Energy's Partnership With New Acre™ Project Empowers Farmers To Fight Climate Change csrwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from csrwire.com Daily Mail and Mail on Sunday newspapers.
To announce a ban on tiktok on government phones later today. an official announcement is expected in the next hour or so. we ll give you the latest as we get it. in other news. john lewis has axed its staff bonus for a second time after losses grew during a very tough year . the department store firm, which also owns waitrose supermarkets, reported a 235 million pound pre tax loss. the company said it faced with a more challenging environment and was tripling its target to make savings from 300 million pounds to 900 million pounds by january 2026. russia s trade minister says he sees car sales rebounding this year by at least 30% according to reports in the russian media. russia s auto industry was one of the worst hit sectors from western lead sanctions over russia s invasion of ukraine. ....