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

Oil surges on Saudi plan to deepen production restrictions from July

Oil surges on Saudi plan to deepen production restrictions from July

(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

The US Navy shows the ‘unsafe interaction’ of a Chinese warship near Taiwan

The US Navy shows the ‘unsafe interaction’ of a Chinese warship near Taiwan

TAIPEI/BEIJING, June 5 (Reuters) – The US Navy has released video of what it called an “unsafe interaction” in the Taiwan Strait, in which a Chinese warship crossed ahead of a US destroyer in the sensitive waterway, a risky waterway. incident amid deteriorating Sino-American ties. The encounter comes as both countries blame the failure to … 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

Mexican presidential party wins key state in elections

Mexican presidential party wins key state in elections

(1/9) Delfina Gomez, candidate for governor of the State of Mexico for the National Regeneration Movement (MORENA), reacts after the preliminary results of the state election are announced, in Toluca, Mexico on June 4, 2023. REUTERS/Henry Romero MEXICO CITY, Jun 4 (Reuters) – The party of Mexican President Andres Manuel Lopez Obrador was set to … 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

The Senegalese government cuts off access to mobile internet amid deadly riots

The Senegalese government cuts off access to mobile internet amid deadly riots

(1/3) A supporter of Senegalese opposition leader Ousmane Sonko walks near a burning barricade during clashes with security forces after Sonko was sentenced to prison, in Dakar, Senegal, June 3, 2023. REUTERS/Zohra Bensemra DAKAR, June 4 (Reuters) – The Senegalese government has shut down access to mobile internet services in certain areas over deadly riots … Read more

A Chinese warship ‘unsafely’ passed the US destroyer in the Taiwan Strait, according to military officials

A Chinese warship ‘unsafely’ passed the US destroyer in the Taiwan Strait, according to military officials

WASHINGTON, Jun 4 (Reuters) – A Chinese warship came within 150 yards (137 meters) of a US destroyer in the Taiwan Strait in “an unsafe manner,” US military officials said, while China blamed the United States for ” deliberate provocation of risk”. ” in the region. The US and Canadian navies were conducting a joint … 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