March 20 (Reuters) – Chinese President Xi Jinping said on Monday that Beijing’s proposal on how to resolve the Ukraine crisis reflected global views and sought to neutralize consequences, but acknowledged solutions are not easy. In an article published at the start of his visit to Moscow – the first by a world leader since … Read more
SINGAPORE, March 20 (Reuters) – U.S. stock futures rose in Asian trade on Monday in relief from a weekend bailout deal for Credit Suisse, although the mood was jittery and investors Financial stocks remain under pressure from contagion fears, even with support from global central banks. S&P 500 futures rose 0.5% in bumpy early trading. … Read more
March 19 (Reuters) – Talks to rescue Credit Suisse (CSGN.S) continued on Sunday as UBS AG (UBSG.S) demanded $6 billion from the Swiss government to cover costs if it were to buy his struggling rival, a person with knowledge of the talks said. Authorities are scrambling to resolve a crisis of confidence in the 167-year-old … Read more
KYIV, March 18 (Reuters) – Ukrainian forces outside the eastern town of Bakhmut manage to keep Russian units at bay so that ammunition, food, equipment and medicine can be delivered to the defenders, the army announced on Saturday. And in the latest allegation of inflicting heavy casualties, kyiv said its troops killed 193 Russians and … Read more
March 18 (Reuters) – BlackRock Inc (BLK.N) Vice Chairman Philipp Hildebrand takes part in talks as Swiss officials try to hammer out a deal for UBS Group (UBSG.S) to take over Credit Suisse Group AG (CSGN.S), Bloomberg News reported on Saturday, citing unidentified sources. Asked about the report, BlackRock spokesman Ryan O’Keeffe said in a … Read more
March 18 (Reuters) – Credit Suisse Group AG (CSGN.S) entered a breakthrough weekend after some rivals grew cautious about their dealings with the bank as regulators urged it to strike a deal with its Swiss rival UBS AG (UBSG.S). Dixit Joshi, chief financial officer of Credit Suisse, and his teams will meet this weekend to … Read more
BELGRADE, March 17 (Reuters) – Several thousand people have gathered in Belgrade to protest against a Western-backed deal to normalize relations between Kosovo and Serbia, which they see as recognition of independence of Kosovo. The Serbian constitution considers Kosovo an integral part of its territory, even though it declared independence in 2008 with the support … Read more
NEW YORK, March 17 (Reuters) – Misguided U.S. stocks have gained an unexpected ally in recent days: a historic plunge in bond yields. Yields on US government bonds fell sharply this week, with some durations marking their biggest declines in decades, as investors bet the Federal Reserve would likely rein in its aggressive rate hike … Read more
TROLL A PLATFORM, North Sea, March 17 (Reuters) – NATO and European Commission chiefs traveled to a North Sea platform on Friday to discuss the security of supplies and infrastructure, a visit highlighting Norway’s importance to gas shipments since Russia’s invasion of Russia. Ukraine. The Troll A platform extracts gas from Norway’s largest gas field. … Read more
AMSTERDAM, March 17 (Reuters) – The International Criminal Court (ICC) on Friday issued an arrest warrant for Russian President Vladimir Putin, accusing him of responsibility for war crimes committed in Ukraine. Moscow has repeatedly denied accusations that its forces committed atrocities during its year-long invasion of its neighbor. In its first warrant against Ukraine, the … Read more
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