UBS has made an offer to acquire Credit Suisse for up to $1 billion, the Financial Times reported. The planned deal between the two largest banks in Switzerland should already be signed on Sunday evening. However, the deal is reportedly set to be priced at a fraction of Credit Suisse’s closing price on Friday. However, […]
Read MoreUBS is ready to take over its ailing Swiss rival Credit Suisse, but only at a bargain price, reports said Sunday amid urgent talks aimed at saving the ailing bank from a bloodbath when markets reopen. The two largest banks in the wealthy Alpine nation, known for its prominent position in the banking sector, held […]
Read MoreNEW DELHI : Union Information and Broadcasting Minister Anurag Thakur said the government was concerned about rising profanity and offensive language in content on over-the-top streaming platforms. “Abusive language in the name of creativity will not be tolerated. The government takes seriously the complaints about increasingly abusive and obscene content on OTT platforms. If changes […]
Read MoreUBS Group AG is offering to buy Credit Suisse Group AG for up to $1 billion, a deal the ailing Swiss company is pushing back with the backing of its largest shareholder. Logos of Swiss banks UBS and Credit Suisse are seen in Zurich, Switzerland. (Reuters) Credit Suisse, which ended Friday with a market value […]
Read MoreThe Reserve Bank of India seals a gate in front of the RBI headquarters in Mumbai. File | Photo credit: Reuters The Treasury Department has begun the process of appointing a new Reserve Bank deputy governor to replace MK Jain, whose extended term ends in June. The candidate should have 15 years of experience in […]
Read MoreBisleri’s chairman had decided to sell the company to Tata Consumer Products for up to $848 million. (File) Bangalore: Tata Consumer Products Ltd announced on Friday that it had closed talks with Bisleri International, a maker of packaged water, over a potential takeover. Bisleri chairman Ramesh Chauhan has decided to sell the company to Tata […]
Read MoreZURICH: UBS was in talks on Sunday to complete a mammoth takeover of troubled Swiss bank Credit Suisse and reassure investors before markets reopen.Switzerland’s largest bank, UBS, is being urged by authorities to get a deal through the line to avoid a wave of contagious panic in markets on Monday.The largest of the wealthy Alpine […]
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Read MoreAlmost four years ago Disney’s The Disney+ streaming service has launched a new Star Wars series called The Mandalorian. Directed by Jon Favreau and Dave Filoni, the Western-inspired sci-fi show captivated audiences and ushered in a new era of Star Wars storytelling. Now in its third season, The Mandalorian has inspired Disney and Lucasfilm to […]
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The Ministry of Roads and Highways has addressed claims of flooding on the recently inaugurated Bengaluru-Mysuru expressway. Explaining the problem, the government said the route was flooded because villagers blocked the Ramanagara section of the outflow. It should be noted that Prime Minister Narendra Modi inaugurated the 118 km expressway on March 12. After that, […]
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