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
(1/2) General view of Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia, May 21, 2018. REUTERS/Ahmed Jadallah/File Photo Brent and WTI are both up more than $1 Saudi Arabia’s move comes on top of OPEC+ cuts OPEC+ meeting and Saudi austerity could push prices up – analysts say LONDON, June 5 … Read more
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
Asian Stock Markets: Nikkei Rises 1.6% to Break Key Level; dollars raised Oil prices cut profits after Saudi Arabia’s major cuts in production Markets bet Fed pauses in June, sees risk of July hike SYDNEY, June 5 (Reuters) – Most Asian stock markets extended a global rally on Monday amid optimism the Federal Reserve would … Read more
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
LONDON, June 4 (Reuters) – AstraZeneca’s lung cancer therapy, Tagrisso, cut the risk of death by more than half in patients with some form of lung cancer who were diagnosed early enough to have their tumor surgically removed, study data showed. Tagrisso is already the crown jewel in the Anglo-Swedish drugmaker’s portfolio, raking in $5.4 … Read more
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
(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
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
(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
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