Mattoo Rani 1007 posts

The gold price is rising sharply due to the global unrest in the banking sector and the troubles surrounding Credit Suisse. As a result, the value of gold has risen to its highest level in more than a year. Investors currently see…
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Switzerland is considering full or partial nationalization of beleaguered Credit Suisse. That would be the only other viable option, apart from the Swiss bank UBS acquisition, insiders report to the Bloomberg news agency. UBS is in…
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US asset manager BlackRock, one of Credit Suisse's largest shareholders, is considering a bid for the beleaguered Swiss bank. This is reported by the British business newspaper Financial Times based on insiders, who indicate that…
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A strike at German airports again caused many disrupted and cancelled flights. Düsseldorf Airport expects that many of the 391 planned take-offs and landings cannot occur. At Stuttgart airport, no regular passenger flights can take…
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CEO Ulrich Körner of the troubled Swiss bank Credit Suisse calls on his staff to keep a cool head and to focus on the facts to stop the unrest around the bank. He also promised to move ahead quickly to streamline the bank's operations.…
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Russia's revenues from oil and petroleum products exports fell sharply in February under pressure from Western sanctions against the Russian oil industry over the war in Ukraine. This is reported by the International Energy Agency (IEA) in…
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