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 16:51
British economy unexpectedly grows by 0.2% in second quarter largely because of June weather boost
The British economy unexpectedly grew in the second quarter of the year largely as a result of a strong rebound in June when many businesses, particularly in the leisure sector benefited from the warm and settled weather
2023-08-11 16:27
Chinese tech giant Huawei reports sales, profit up despite US sanctions
Chinese tech giant Huawei says its revenue rose 3% over a year earlier and its profit margin widened in the first half of 2023 despite sanctions that limit its access to U.S. processor chips
2023-08-11 16:24
Stock market today: Asian stocks decline after US inflation edges higher
Asian stock markets are lower after U.S. inflation edged higher, fueling unease about the outlook for the biggest global economy
2023-08-11 14:18
LGBTQ+ people in Ethiopia blame attacks on their community on inciteful and lingering TikTok videos
Members of Ethiopia’s LGBTQ+ community say they face a wave of online harassment and physical attacks and blame much of it on the social media platform TikTok
2023-08-11 13:56
UBS terminates loss protection agreement with Swiss government
ZURICH UBS will not need to tap the Swiss government's 9 billion Swiss franc ($10.27 billion) backstop agreed
2023-08-11 13:55
Asia stocks drop to month low as US CPI fails to enthuse
By Tom Westbrook SYDNEY Asian stocks hit a one-month low and logged a weekly loss on Friday while
2023-08-11 13:48
EPA weighs formal review of vinyl chloride, toxic chemical that burned in Ohio train derailment
The Biden administration says it could soon launch a formal evaluation of risks posed by vinyl chloride, the cancer-causing chemical that burned in a towering plume of toxic smoke following the fiery train derailment in East Palestine, Ohio
2023-08-11 12:23
FTX founder Sam Bankman-Fried returns to New York as prosecutors push for his incarceration
FTX founder Sam Bankman-Fried is returning to New York City for a bail hearing
2023-08-11 12:15
New Zealand plans to require large firms to report gender pay gaps
New Zealand's government plans to compel large businesses to report the state of their gender pay gaps in a bid to increase equity in the workplace, the country's Minister for Women Jan Tinetti announced Friday as the ruling Labour party gears up for an election fight.
2023-08-11 11:54
Northern Ireland's top police officer apologizes for 'industrial scale' data breach
Northern Ireland’s top police officer has apologized for what he described as an “industrial scale” data breach, in which the personal information of more than 10,000 officers and staff was released to the public
2023-08-11 08:58
Family of Henrietta Lacks files new lawsuit over cells harvested without her consent
The family of Henrietta Lacks has filed another lawsuit accusing a second company of unjustly profiting off her cells for generations
2023-08-11 06:51