Credit Suisse Gains Most Since 2020 After Asset Outflows Halted

Credit Suisse Gains Most Since 2020 After Asset Outflows Halted

Withdrawals at the Swiss lender, which surged to about 84 billion francs ($90 billion) earlier this quarter after rumors about the bank’s stability, have “basically stopped,” Lehmann said in a Bloomberg Television interview with Francine Lacqua. The bulk of the bleeding occurred in October, and the bank has since seen some assets come back in … Read more

Putin tells Germany’s Scholz Western states’ position on Ukraine is “destructive”

Putin tells Germany’s Scholz Western states’ position on Ukraine is “destructive”

Ukraine’s Security Service (SBU) servicemen check documents of visitors to Kyiv Pechersk Lavra monastery in Kyiv on November 22. (Sergei Chuzavkov/AFP/Getty Images) Ukraine’s parliament will vote on a new law that would ban the operation of religious organizations “affiliated with centers of influence” in Russia, President Volodymyr Zelensky said Thursday, in an effort to prevent … Read more

Russia rejects pullout from Ukraine as a condition for talks

Russia rejects pullout from Ukraine as a condition for talks

KYIV, Ukraine — Russia said Friday that Western demands it should pull out completely from Ukraine as part of any future talks to end the war effectively rule out any such negotiations, as Russian strikes continued and a Ukrainian official put his country’s battle losses at up to 13,000 troops. Kremlin spokesman Dmitry Peskov reiterated … Read more

Heathrow Airport Strikes Planned on the Eve of Christmas Getaway

Heathrow Airport Strikes Planned on the Eve of Christmas Getaway

A passenger passes a ‘Merry Christmas’ sign in the check-in area in at London Heathrow Airport Ltd. in London, UK, on ​​Saturday, Dec. 19, 2020. The pandemic has put a third of all tourism jobs at risk, and airlines around the world have said they need as much as $200 billion in bailouts. .

Bengaluru pips Pune in office market activity in H1 FY2023

Bengaluru pips Pune in office market activity in H1 FY2023

While Bengaluru and Pune remain the top commercial office destinations for IT-ITeS and co-working occupiers, Bengaluru has overtaken Pune in overall office space activity. ANAROCK’s India Office Market Update H1 FY23 indicates that with close to 6.1 million sq ft of new office completions and approx 6.08 mn sq ft office absorption in H1 FY23, … Read more

Asia Stocks Set for Mixed Open With Jobs in Focus: Markets Wrap

Asia Stocks Set for Mixed Open With Jobs in Focus: Markets Wrap

The remarkably resilient US jobs market is beginning to cool, but Friday’s employment report may fall far short of the turning point Fed officials are seeking in their battle to beat back inflation. There are signs that labor demand is ebbing, but a bigger slowdown is needed to bring that demand more in line with … Read more

Macron and I will continue to work together to hold Putin accountable for his actions

Macron and I will continue to work together to hold Putin accountable for his actions

Four lion cubs were rescued from Ukraine and brought to a sanctuary in Minnesota. (International Fund for Animal Welfare) Four lion cubs rescued from Ukraine were flown from Poland to a sanctuary in Minnesota, on Tuesday, according to a release from the International Fund for Animal Welfare (IFAW), a global nonprofit animal rescue organization. The … Read more

GLOBAL ECONOMY Global factory activity shrank in November but price pressures ease

GLOBAL ECONOMY Global factory activity shrank in November but price pressures ease

US manufacturing contracts for the first time in 2-1/2 years European PMI data suggests downturn may not be as bad China’s private survey shows continued PMI contraction Surveys highlight darkening outlook for Asia next year WASHINGTON/LONDON, Dec 1 (Reuters) – Global factory output fell widely last month with US manufacturing activity contracting for the first … Read more

Sexist Press Question Shocks Prime Ministers Ardern and Marin

Sexist Press Question Shocks Prime Ministers Ardern and Marin

AUCKLAND, NEW ZEALAND – NOVEMBER 30: (L-R) Finnish Prime Minister Sanna Marin and New Zealand Prime Minster Jacinda Ardern pose for a portrait at Government House on November 30, 2022 in Auckland, New Zealand. Marin is in New Zealand for a three-day visit, which comes after Ardern’s government signed a free trade agreement with the … Read more