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[ad_1] FRANKFURT — Swiss banking giant UBS will buy the country’s second-largest bank Credit Suisse in a deal that will come as a relief to financial markets in Europe and across the world. UBS said in a statement that the total price is 3 billion Swiss francs, or about $3.25 billion, in UBS shares. The…
[ad_1] As he jets off for a state visit to Moscow this week, China’s President Xi Jinping is doing so in defiance of massive international pressure. Vladimir Putin, the man Xi once called his “best, most intimate friend,” has just become the world’s most wanted alleged war criminal. The International Criminal Court issued an arrest…
[ad_1] As U.S. banking regulators begin their post-mortem of Silicon Valley Bank, some pundits are pointing the finger at crypto markets, whose own collapse over the past year left the tech-focused lender hopelessly exposed. The conventional wisdom about crypto is that it’s “self-referential” — a separate universe to conventional finance — and that its inherent…
[ad_1] Press play to listen to this article Voiced by artificial intelligence. LONDON — The U.K. government was scrambling on Sunday to limit the fallout for the British tech sector from the collapse of Silicon Valley Bank, a big U.S. lender to many startups and technology companies. The government is treating the potential reverberations as…
[ad_1] Press play to listen to this article Voiced by artificial intelligence. Nearly six months on from the subsea gas pipeline explosions, which sent geopolitical shockwaves around the world in September, there is still no conclusive answer to the question of who blew up Nord Stream. Some were quick to place the blame squarely at…
[ad_1] MESEBERG, Germany — German Chancellor Olaf Scholz on Sunday said China had declared it won’t supply Russia with weapons for its war against Ukraine, suggesting that Berlin has received bilateral assurances from Beijing on the issue. Scholz was speaking at a press conference with European Commission President Ursula von der Leyen, who told reporters…
[ad_1] Iran pledged to re-install monitoring equipment at its nuclear facilities and to assist an investigation into uranium traces detected at undeclared sites, the head of the U.N.’s nuclear agency said Saturday after a visit to Tehran. Rafael Mariano Grossi, director general of the International Atomic Energy Agency, met with Iranian President Ebrahim Raisi and…
[ad_1] Press play to listen to this article Voiced by artificial intelligence. LONDON — Britain was rebuffed by the Biden administration after multiple requests to develop an advanced trade and technology dialogue similar to structures the U.S. set up with the European Union. On visits to Washington as a Cabinet minister over the past two…
[ad_1] Press play to listen to this article Voiced by artificial intelligence. KYIV — As the distant howl of air raid sirens echoes around them, a dozen Ukrainian soldiers clamber out of camouflaged tents perched on a hill off a road just outside Kyiv, hidden from view by a thick clump of trees. The soldiers,…
[ad_1] Press play to listen to this article Voiced by artificial intelligence. BERLIN — In an earlier life as a reporter in Moscow, I once knocked on the door of an apartment listed as the home address of the boss of company that, our year-long investigation showed, was involved in an elaborate scheme to siphon billions…