Switzerland

Relief over Credit Suisse rescue short-lived as bank shares sink
As early investor optimism about efforts to stem a banking crisis quickly evaporated, shares of Credit Suisse, UBS fell.
Published On 20 Mar 2023
Employees ‘shocked’ after historic bank deal in Switzerland
A bank employee association said it was deeply shocked by the potential consequences of the UBS-Credit Suisse deal.
Published On 20 Mar 2023
UBS to buy Credit Suisse for $3.24bn in government-brokered deal
Authorities had been scrambling to rescue Credit Suisse before financial markets reopened on Monday.
Published On 19 Mar 2023
UBS’s potential takeover of Credit Suisse: What you need to know
Credit Suisse was caught in the turmoil spurred by the collapse of US lenders Silicon Valley Bank and Signature Bank.
Published On 19 Mar 2023

Announcement comes after Zurich-based bank’s shares lost more than one-quarter of their value in a day.

European Court of Human Rights to hear case brought by women who say officials must do more.

The Yemen talks began a day after Iran and Saudi Arabia announced a deal to re-establish diplomatic ties.

WHO Director-General Tedros Adhanom Ghebreyesus says ‘all hypotheses on the origins of the virus remain on the table’.

UN chief Antonio Guterres says Russia’s war on Ukraine ‘triggered the most massive violations of human rights’.

How and why the oil industry downplayed climate change.

The four want damages reflecting Holcim’s contribution to the climate change that has made their life increasingly hard.

The Take podcast looks at the billionaires who’ve shaped Davos, and how Davos shapes our world.

The US Treasury said both sides agreed to enhance cooperation on climate change and the economy.

World leaders are gathering at the WEF in Davos to debate ways to revive the global economy.

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