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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 w...

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 rest...

a man who leads by 30 points in polls. donald trump and the jury did this at the urging of a man called alvin bragg. he's the manhattan district attorney who has been famous so far by making the city much more dangerous by refusing to enforce laws against crimes like robbery and . now, we don't know at this hour what the indictment says. we don't know specifically what the charges are. >> but previous news reports suggest they will emanate from an alleged payment. seven years ago, a payment that federal regulators said violated no law, but that alvin bragg apparently believes is a cr...

top of the hour this thursday. i'm jim sciutto. >> i'm erica hill. we begin this hour with the new reporting of the chinese surveillance balloon, and the state department is confirming that this device was capable of monitoring u.s. communications. that is likely one of the new details that lawmakers are learning this morning. the biden administration is giving classified briefings on the issue on capitol hill a short time ago, and we will give you more of what we are learning in a moment, and with reclosely following what is happening in europe. the ukrainian president volodymyr zel...

dozens of people were kill and injured in greece when two trains collided head on at high speeds. what we know ahead. and we begin on capitol hill, where right now attorney general merrick garland is fielding questions from the senate judiciary committee. as the justice department investigates classified documents found on the properties of president biden, former president trump, and former vice president pence. today's hearing comes after congressional leaders received the classified briefing from the doj yesterday, which they said, quote, left much to be desired. and this mornin...