UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system
UBS agreed to buy its embattled rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) Sunday, with Swiss regulators…
UBS shares reverse losses, Credit Suisse craters 55% after takeover deal
UBS shares staged a remarkable rally Monday afternoon, reversing steep losses after the bank’s 3 billion Swiss franc ($3.2 billion)…
UK inflation rate breaks 3-month stretch of declines with surprise rise to 10.4%
U.K. inflation unexpectedly jumped in February, as food and energy bills continued to rise, placing further pressure on households. The…
Ukraine hit with deadly strikes after China’s Xi leaves Moscow; Zelenskyy visits frontline city Bakhmut
This was CNBC’s live blog tracking developments on the war in Ukraine. See here for the latest updates. Chinese President…
Putin touts China’s peace plan after talks with Xi; Russian mercenaries say Kyiv is preparing counterattack
This was CNBC’s live blog tracking developments on the war in Ukraine on March 21, 2023. See here for the…
French government narrowly survives no-confidence vote amid backlash over pension changes
The government of French President Emmanuel Macron narrowly survived a no-confidence vote Monday evening, as furious opposition lawmakers contested his…
While Xi is in Russia, Japan’s leader makes surprise visit to Ukraine
This was CNBC’s live blog tracking developments on the war in Ukraine on March 20, 2023. See here for the…
President Erdogan says Turkey will start ratifying Finland’s NATO application
Turkey’s President Recep Tayyip Erdogan on Friday approved Finland’s accession to NATO after months of talks, but added that discussions…
Turkey will start ratifying Finland’s NATO application; International court issues arrest warrant for Putin for alleged war crimes
This was CNBC’s live blog tracking developments on the war in Ukraine on March 17, 2023. See here for the…
European Central Bank hikes rates despite market mayhem, pledges support if needed
The European Central Bank on Thursday announced a further rate hike of 50 basis points, signaling it is ready to…
