March 21 (Reuters) – Russian President Vladimir Putin on Tuesday condemned British plans to send tank munitions containing depleted uranium to Ukraine, saying Moscow would be forced to respond accordingly. Speaking in London on Monday, Minister of State for Defense Annabel Goldie said some of the ammunition for the Challenger 2 main battle tanks that … Read more
Brussels proposes an exception for electric fuel cars from 2035 Germany still considering draft EU proposal Berlin sees the state of technology as problematic Objective to make a decision by Thursday BERLIN/BRUSSELS, March 21 (Reuters) – The European Commission has drawn up a plan to allow the sale of new cars with internal combustion engines … Read more
WASHINGTON, March 20 (Reuters) – Hard-line Republicans in the House of Representatives vowed on Monday to oppose any universal federal guarantee on bank deposits above the current limit of $250,000, throwing a major hurdle to a key tool regulators could deploy if banks rush again. as financial confidence falters. The Republican House Freedom Caucus said … Read more
NEW YORK, March 20 (Reuters) – Fixed income giant PIMCO lost around $340 million on a class of Credit Suisse bonds that were wiped out by the buyout by UBS (UBSG.S), the manager’s global exposure of US investments to the Swiss lender being executed. in billions, said a source close to the situation. Swiss authorities … Read more
TOKYO/NEW DELHI, March 20 (Reuters) – Japanese Prime Minister Fumio Kishida on Monday announced a new plan to promote an open and free Indo-Pacific, pledging billions of dollars in investment to help economies across the region all areas, from industry to disaster. prevention. The plan he announced in New Delhi is seen as Tokyo’s attempt … Read more
March 20 (Reuters) – U.S. banking stocks rose on Monday and European lenders rebounded from a strong early sell-off after the state-backed takeover of Credit Suisse by UBS Group appeared to wipe out a source of concern for the global banking sector. In a package designed by Swiss regulators on Sunday, UBS Group AG (UBSG.S) … Read more
Credit Suisse tumbles more than 60% after emergency weekend takeover European banks recover ground after initial 5% drop Government bonds and gold rally as investors seek safety Wall Street opens flat, First Republic Bank collapses LONDON, March 20 (Reuters) – European bank stocks retaliated on Monday after an early slump and the interactive rush for … Read more
March 19 (Reuters) – Talks to rescue Credit Suisse (CSGN.S) continued on Sunday as UBS AG (UBSG.S) demanded $6 billion from the Swiss government to cover costs if it were to buy his struggling rival, a person with knowledge of the talks said. Authorities are scrambling to resolve a crisis of confidence in the 167-year-old … Read more
KYIV, March 18 (Reuters) – Ukrainian forces outside the eastern town of Bakhmut manage to keep Russian units at bay so that ammunition, food, equipment and medicine can be delivered to the defenders, the army announced on Saturday. And in the latest allegation of inflicting heavy casualties, kyiv said its troops killed 193 Russians and … Read more
March 18 (Reuters) – BlackRock Inc (BLK.N) Vice Chairman Philipp Hildebrand takes part in talks as Swiss officials try to hammer out a deal for UBS Group (UBSG.S) to take over Credit Suisse Group AG (CSGN.S), Bloomberg News reported on Saturday, citing unidentified sources. Asked about the report, BlackRock spokesman Ryan O’Keeffe said in a … Read more