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BBCNEWS BBC News July 6, 2024

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 guaran ....

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BBCNEWS Asia Business Report April 3, 2017

Steadfastly committed to the city of triple toe. Gibraltar. Chinese president Xijinping Heads to the us. We preview his meeting with donald trump and other Key Market Events of this week. And bubble, toil and trouble. Is beijing becoming too expensive for its residents to buy a home . Welcome to Asia Business report live from singapore with me, mariko oi. We have a packed show and week ahead of us. Line and ministers and Central Bank Governors from the association of Southeast Asian nations art meeting in the philippines. On tuesday, we have surely as central bank expected to meet and probably keep Borrowing Costs on hold and then on thursday ....

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BBCNEWS BBC News June 4, 2024 21:13:00

The president welcomes china s willingness to play what he calls a constructive role in ending the conflict in ukraine, saying sino russian relations were at the highest point in history. xijinping heads to russia hoping to solidify its relationship with russia and to deliver a breakthrough on ukraine as beijing seeks to position itself as a international negotiator. of course, we ll be covering that trip carefully on bbc news. now it is time for the sport. it s been a big day for those teams who started the weekend top of the table in europe s big leagues. psg and bayern munich were surprise losers in france and germany respectively. but arsenal have gone eight points clear in the premier league after beating crystal palace 4 1 at the emirates. bukayo sa ka scored twice. while after missing the penalty that led to their defeat in the europa league on thursday. gabriel martinelli also scored. palace sacked their manager ....

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