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

S&P 500, Nasdaq climb as Apple hits record high

S&P 500, Nasdaq climb as Apple hits record high

Palo Alto wins by inclusion in S&P 500 index Apple climbs ahead at developer conference Indices: Dow down 0.25%, S&P up 0.22%, Nasdaq up 0.46% June 5 (Reuters) – The S&P 500 and the Nasdaq rose on Monday as Apple hit an all-time high and investors weighed the chances of the Federal Reserve pausing rate … Read more

UnitedHealth offers more than $3 billion for home care company Amedisys

UnitedHealth offers more than  billion for home care company Amedisys

June 5 (Reuters) – UnitedHealth Group (UNH.N) made a surprise $3.26 billion cash offer on Monday to acquire Amedisys Inc (AMED.O), pitting itself against another healthcare company that was planning buy the home care and hospice business. Interest in the home healthcare sector has exploded since the pandemic as patients and caregivers increasingly prefer to … 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

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