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BBCNEWS Newsday July 6, 2024

devastated in the early months of the war. # i ll take the world apart to find a place for a peaceful heart. and we hear from yusuf cat stevens about music, faith and performing at glastonbury. it s 7am in singapore, and midnight in switzerland where the government has reached an emergency deal with the country s biggest bank, ubs, to take over its troubled rival credit suisse. the annoucement comes just before global financal markets open on monday, in an attempt to settle nerves in the global financial sector. credit suisse has seen its value plummet over the last week due to fears about the company s financial health. credit suisse had been caught up in the market uncertainty triggered by the collapse, nine days ago, of america s silicon valley bank. here s the swiss president alain berset speaking at a press conference earlier. on friday the liquidity and volatility showed it was no longer possible to restore the necessary confident and that the swift and stabilisin ....

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BBCNEWS BBC News July 6, 2024

the government of switzerland says that the country s biggest bank, ubs, has taken over its troubled rival credit suisse in an emergency measure designed to protect the swiss economy. credit suisse has seen its value plummet over the last week due to fears about the company s financial health. regulators in switzerland had spent the day trying to pave the way for a deal to be struck before the financial markets open tomorrow. here s the swiss president alain berset speaking at a press conference earlier. on friday, the liquidity outflows and market volatility showed that it was no longer possible to restore the necessary confidence, and that a swift and stabilising solution was absolutely necessary. this solution is the takeover of credit suisse by ubs. it is supported by the federal council following several meetings with the swiss national bank, with our regulator, with credit suisse and ubs. the federal council welcomes the takeover and is supporting it by guaran ....

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BBCNEWS BBC News July 6, 2024

hello and welcome to bbc world news. the government of switzerland says that the country s biggest bank, ubs, has taken over its troubled rival credit suisse in an emergency measure designed to protect the swiss economy. fears about the possible collapse of credit suisse sparked falls in stock markets around the world over recent days, and raised fears of another global financial crisis. the rescue deal follows a weekend of emergency talks between the two banks, after credit swiss saw its value plummet over the past week. the swiss national bank said the deal was the best way to restore the confidence of financial markets and to manage risks to the economy. our geneva correspondent imogen foulkes explains the significance of this merger on the global stage. it s early days. but i don t think it s going to be easy. ubs is the bigger of the two, but both of them are already huge. if you lookjust in switzerland, both of them have at least one branch, more in a big city lik ....

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FOXNEWS FOX and Friends July 6, 2024

disaster in east palestine. not just a lack of leadership but a lack of action. they are creating fireworks on capitol hill as to journalists testified before lawmakers. american population with the disputes. he gives set up! he survives and advances! brian: yeah, that is the place where the cowboys used to be really good. dallas, texas, on that professional football team. but one of the fastest growing cities in the country. why? people love to go to tell us? they don t say i want to buy a home, they build the homes here they build it. it is cheaper than buying someone else s home? ainsley: it is great for shopping, good churches, people, everyone is nice, i love it, great food. i think we should send somebody from our team today. do you want to volunteer? steve: listen i m actually going to dallas later today. life at the american rodeo in arlington just a little west of downtown the big d. ainsley. there are too many people moving to texas. too many p ....

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BBCNEWS BBC News July 6, 2024

after appearing in court in moscow. brazil s former president, jair bolsonaro, has returned to the country after three months of self imposed exile in the united states. and, one of the biggest creatures ever to walk the earth, a patagotitan dinosaur goes on display at the natural history museum in london. here in the uk, a man s been found guilty of murdering a nine year old girl who was shot in her home in liverpool. olivia pratt korbel was killed when shot were fired through herfrontdoor, fatally hitting olivia in the chest. her mother was also injured. earlier our correspondent rowan bridge was outside manchester crown court where the case was heard. olivia s family, her mum, her olivia s family, her mum, her brother and sister have been here for most of the trial over the last three of a half week sobbed at the verdict was absurd, and when the family came out, of course, out of the courtroom, they called the police officers who have been involved in the investiga ....

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