UBS will take over Credit Suisse in a deal aimed at stemming what was fast becoming a global crisis of confidence. Credit Suisse, the 167-year-old embattled lender had been brought to the brink of financial calamity last week, despite securing a $54bn (£44bn) credit line from Switzerland’s central bank. The credit line was agreed in
In a controversial move, the United Nations chief is today calling on polluting developed countries like the UK to “fast forward” net zero targets by a decade to 2040, warning the “climate time bomb is ticking”. It comes as the most comprehensive review yet of the state of climate change delivers a bleak picture of
Sky News’ Economics and Data Editor, Ed Conway, takes a first look over the numbers from Jeremy Hunt’s budget – from the giveaways, the takebacks and the new policy announcements. Budget latest: https://trib.al/ecixuwi #Budget2023 #Labour #Politics SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews
CNN military analyst explains the capabilities of the MQ-9 Reaper drone after a Russian fighter jet forced it down over the Black Sea. #CNN #News
LiveWire, the electric motorcycle brand spun out of Harley-Davidson, has just announced that the company’s flagship LiveWire ONE electric motorcycle is now available in Europe. The LiveWire ONE is the successor of the Harley-Davidson LiveWire electric motorcycle. That bike was originally available in Europe a few years ago, but the company’s electric shakeup resulted in
Andrew Lloyd Webber has said he is “absolutely devastated” as he revealed his eldest son Nicholas is “critically ill” with gastric cancer. The Oscar-winning composer will miss the opening of Bad Cinderella at New York’s Imperial Theatre due to his son – also a composer – being in hospital. “I am absolutely devastated to say
7:00 AM ET PHOENIX — Just over five months since he made his first MLB postseason appearance with the New York Mets, Pete Alonso was gearing up for another pressure-filled stretch of baseball — this time, for Team USA. “My first playoff experience was this past season,” Alonso told the gathered crowd at World Baseball
ChartHop CEO Ian White ChartHop ChartHop CEO Ian White breathed a major sigh of relief in late January after his cloud software startup raised a $20 million funding round. He’d started the process six months earlier during a brutal period for tech stocks and a plunge in venture funding. For ChartHop’s prior round in 2021,
7:40 AM ET Tim KavanaghESPN.com Close Tim Kavanagh is a senior NHL editor for ESPN. He’s a native of upstate New York. On Wednesday, we pondered whether the Buffalo Sabres or Washington Capitals — who were facing off that night — could earn themselves a playoff spot. Prior to that game, the Sabres’ playoff chances
The retail giant John Lewis may dilute its 100% employee ownership to raise fresh investment. The change to the partnership model would signal a major departure for the company, which runs the department store chain and Waitrose supermarkets. The firm warned of job cuts and told staff it will not hand out a bonus for
Vladimir Putin’s visit to Mariupol comes in the week that he was indicted by the International Criminal Court for the trafficking of children to all intents and purposes – and comes off the back of his visit to Crimea on Saturday for the ninth anniversary of its illegal annexation. This appears to be a show
British banking watchdogs have given their blessing to a takeover of Credit Suisse by its Swiss peer UBS, as financial regulators around the world race to contain the industry’s biggest crisis since 2008. Sky News understands that the Bank of England has indicated to international counterparts and to UBS that it will support the emergency
Boris Johnson is to submit a dossier of evidence ahead of an interrogation by MPs over whether he lied to Parliament about the partygate scandal. The former prime minister will provide information in his defence as he prepares for a lengthy televised grilling by the Commons privileges committee on Wednesday, where he faces a fight
Spanish police have refloated a submarine used for cocaine smuggling. The Guardia Civil transported the vessel to the port of Xufre, where it was confirmed to be empty, according to local news. It’s reported that the submarine was suspected to have carried cocaine across the Atlantic to the Galician coast. #Shorts #Submarine #Police #Spain #Cocaine
In an interview with CNN’s Poppy Harlow, coach Mike Krzyzewski shares one of the greatest coaching moments of his career. #CNN #News #shorts #short #ncaa #lebronjames #kobebryant #basketball
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7:26 PM ET Associated Press HAMPTON, Ga. — A frustrated Josh Williams made a dramatic exit in the caution-marred first stage of NASCAR’s Xfinity Series race at Atlanta Motor Speedway on Saturday, leaving his car parked on the start-finish line for dramatic effect. Four cautions covered 26 of 40 laps in the first stage, including
The government “doesn’t relish” deporting migrants to Rwanda but is being “forced” to pursue the controversial policy because of the rise in Channel crossings, a cabinet minister has claimed. Oliver Dowden was asked by Sky’s Sophy Ridge on Sunday if he is “comfortable” with the idea of sending children and families to the east African
Putin ‘unruffled and unapologetic’, despite war crimes charge John Sparks International correspondent @sparkomat The Russian president, Vladimir Putin, is now liable to arrest in 123 countries – but he knows that no one is going to detain him in Crimea. The peninsula was seized from Ukraine in 2014 and Russia’s long-time leader has returned to
A government source has confirmed to Sky News its new Illegal Migration Bill would “seal off all the loopholes” and that UK officials are “certainly working towards getting the flights off by summer”. It comes as the home secretary signed an update to the government’s migrants agreement with Rwanda, expanding its scope to “all categories