UBS ends rescue packages from Swiss gov't that paved way for Credit Suisse takeover

UBS says it has shut down rescue packages agreed with Swiss authorities that made available up to 200 billion Swiss francs (about $230 billion) to help shepherd through its takeover of ailing rival Credit Suisse and avert an international banking crisis

2023-08-11 16:49

Austria’s Socialists Pick New Party Chief After Divisive Battle

Hans Peter Doskozil emerged victorious from a tumultuous leadership race within Austria’s opposition Socialist Party, pledging to shield

2023-06-03 23:29

IMF says Israel-Hamas war likely to hit neighboring economies

The Israel-Hamas war is likely to hurt other economies in the Middle East, including Egypt, Lebanon and Jordan, International Monetary Fund (IMF) managing director Kristalina Georgieva said Wednesday.

2023-10-25 22:19

Russian consumer prices rose as rouble tumbled past 100 vs dollar -Rosstat

Russia's weekly consumer prices rose as the rouble's tumble past 100 to the dollar added to already high

2023-08-17 00:19

China's biggest state banks cut interest rates on yuan deposits

BEIJING China's biggest banks on Thursday said they have lowered their interest rates on yuan deposits, action that

2023-06-08 09:57

Bacardi Nears a Deal to Buy Ilegal Mezcal

Bacardi Ltd., the spirits maker best known for its rum, is nearing a deal to acquire Ilegal Mezcal

2023-06-01 01:15

GM to hold Nov. 29 business update after UAW contract deal

General Motors said Tuesday it will hold a Nov. 29 business update following the ratification of new labor

2023-11-21 22:16

Linksys Announces the Next Step in Home and Small Office Network Security

IRVINE, Calif.--(BUSINESS WIRE)--Sep 27, 2023--

2023-09-28 01:28

SME Education Foundation Scholarship Award Amounts Increased to Break Down Financial Barriers to Manufacturing Careers

SOUTHFIELD, Mich.--(BUSINESS WIRE)--Jun 9, 2023--

2023-06-09 21:21

Hearst Television pulls local channels for Dish customers

(Reuters) -Dish Network said on Friday U.S.-based Hearst Television removed customer access to 37 local channels in 27 markets after

2023-09-09 03:22

Exclusive-Upcoming US rules on AI chip exports aim to stop workarounds - US official

By Karen Freifeld (Reuters) -The U.S. will take steps to prevent American chipmakers from selling products to China that circumvent

2023-10-16 05:57

Several Chinese lenders cut yuan deposit rates from Monday

BEIJING Several Chinese commercial banks cut interest rates on a range of yuan deposits from Monday, following their

2023-06-12 10:51