The death rate in China’s capital Beijing surpassed its birth rate in 2022, official data showed on Tuesday, pushing its…
Credit Suisse, UBS deal: What you need to know
Investors took some heart from the rescue of troubled lender Credit Suisse by its Swiss rival UBS UBSG.S, though concerns lingered about the…
Credit Suisse takeover, central bank action calm jittery markets
Moves by authorities to avert a global banking crisis lifted market confidence on Monday as investors welcomed a historic Swiss-backed…
EU proposes extending energy crisis measure to curb gas demand
The European Commission on Monday proposed extending for a year an emergency measure to curb gas demand that is set…
Turkey halts transit of sanctioned goods to Russia
Turkey halted the transit of Western-sanctioned goods to Russia this month after a year of war in Ukraine and mounting…
How many bank interest rate increases can borrowers afford?
Despite its dilemma the European Central Bank pushed ahead a large interest rise last Thursday amidst fears over the strength of the…
UBS offers to buy Credit Suisse for up to $1 billion
March 19 (Reuters) – UBS Group AG UBSG.S has offered to buy Credit Suisse CSGN.S for up to $1 billion, with the Swiss government planning to…
What is Generative AI, the technology behind OpenAI’s ChatGPT?
Generative artificial intelligence has become a buzzword this year, capturing the public’s fancy and sparking a rush among Microsoft MSFT.O…
Greece to increase minimum wage again, before election
The Greek government will raise the minimum wage next month, the third rise in more than a year, Prime Minister…
Cypriot banks not at risk from Credit Suisse, Silicon Valley Bank crisis
Cypriot banks are not at risk and there is no cause for concern after the turmoil caused by the crisis…