UBS expects to complete the acquisition of Credit Suisse as early as June 12

UBS expects to complete the acquisition of Credit Suisse as early as June 12

Credit Suisse will be merged with UBS after the deal is completed New group will oversee $5 trillion in assets The CEO of UBS has warned of painful decisions ahead UBS CEO: Still analyzing plan for Credit Suisse’s domestic business UBS shares rose slightly higher in premarket ZURICH, June 5 (Reuters) – UBS (UBSG.S) expects … Read more

Russia says it foiled major Ukrainian offensive, Kiev says Moscow is spreading lies

Russia says it foiled major Ukrainian offensive, Kiev says Moscow is spreading lies

Russia says it destroyed tanks and equipment Russia says Ukraine attacked with 8 battalions Ukraine is silent on Russian claims Ukraine has not responded to requests for comment MOSCOW, June 5 (Reuters) – Russia said on Monday its troops had thwarted a major Ukrainian offensive at five points along the front in Ukraine’s Donetsk region, … Read more

Russia says drones launched by Ukraine shot down over Crimea, Kursk

Russia says drones launched by Ukraine shot down over Crimea, Kursk

June 4 (Reuters) – Russia on Sunday said it intercepted nine drones over the Crimean peninsula and one over the small town of Sudzha in the southern region of Kursk in what have been near-daily strikes inside the country or on Moscow-held areas . Five drones were shot down and four were stuck and failed … Read more

Airbus moves towards IndiGo order of 500 jets

Airbus moves towards IndiGo order of 500 jets

ISTANBUL, June 4 (Reuters) – Airbus (AIR.PA) has signed a potentially record deal for the sale of 500 narrow-body A320 jets to India’s largest airline IndiGo (INGL.NS), industry sources said on Sunday. The European aircraft maker has emerged as a front-runner for an order that overshadows Air India’s historic preliminary purchase of 470 jets in … Read more

Saudi is planning new oil cuts as part of OPEC+ deal, sources say

Saudi is planning new oil cuts as part of OPEC+ deal, sources say

(1/3) Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman Al-Saud arrives for an OPEC meeting in Vienna, Austria, on June 4, 2023. REUTERS/Leonhard Foeger OPEC+ agrees on policy – 2 sources OPEC+ wants to adjust production baselines – sources Size, timing of cuts still unclear VIENNA, June 4 (Reuters) – Saudi Arabia will pledge new … Read more

The Russian governor offers to meet with a group of captured soldiers

Russia says drones launched by Ukraine shot down over Crimea, Kursk

KYIV, June 4 (Reuters) – The governor of Russia’s Belgorod region said on Sunday he was prepared to meet with a pro-Ukrainian group of Russian partisans who were holding two Russian soldiers captive, as he reported a renewed flare-up of fighting near the border. . The Freedom of Russia Legion and the Russian Volunteer Corps … Read more

Supporters of the Polish opposition mark Solidarity’s victory in 1989

Supporters of the Polish opposition mark Solidarity’s victory in 1989

(1/8) People carry flags of Poland and the European Union as they take part in a march on the 34th anniversary of the first democratic elections in post-war Poland, in Warsaw, Poland, June 4, 2023. REUTERS/Kacper Pempel WARSAW, June 4 (Reuters) – Hundreds of thousands of protesters gathered in Warsaw on Sunday, the 34th anniversary … Read more

Dozens of detainees in Hong Kong on anniversary of Tiananmen crackdown

Dozens of detainees in Hong Kong on anniversary of Tiananmen crackdown

(1/6) Police arrest a woman with paper flowers downtown on the 34th anniversary of the 1989 Tiananmen Square performance in Beijing, near where the candlelight vigil is usually held, in Hong Kong, China, 4 June 2023. REUTERS/Tyrone Siu HONG KONG/TAIPEI, Jun 4 (Reuters) – Hong Kong police on Sunday searched and detained dozens of people, … Read more

Russian airstrikes repulsed over Kiev but hit the regional airfield

Russian airstrikes repulsed over Kiev but hit the regional airfield

(1/3) A view shows the Ukrainian capital at dawn during a Russian drone strike, amid the Russian attack on Ukraine, in Kiev, Ukraine on May 30, 2023. REUTERS/Gleb Garanich KYIV, Jun 4 (Reuters) – Russia launched a new wave of airstrikes against Ukraine early Sunday, hitting an airfield in a central region but failing to … Read more

Despite relaxations, fighting near Bakhmut continues, says the Ukrainian army

Despite relaxations, fighting near Bakhmut continues, says the Ukrainian army

(1/2) An aerial photo shows devastation in the frontline city of Bakhmut, amid the Russian assault on Ukraine, in the Donetsk region, Ukraine, in this handout photo released May 21, 2023. Press Service of the 93rd Kholodnyi Yar Separate Mechanized Brigade of the Ukrainian Armed Forces / Handout via REUTERS June 4 (Reuters) – Despite … Read more