ZURICH: Did banking giant UBS make the deal of the century when it bought one of the world’s biggest banks for a pittance as it teetered on the edge of the abyss? Switzerland’s largest bank was in March strong-armed by Swiss authorities into a US$3.25 billion takeover of Credit Suisse, […]
Day: September 13, 2023
DERNA: Thousands of people were killed and at least 10,000 were missing in Libya in floods caused by a huge Mediterranean storm that burst dams, swept away buildings and wiped out as much as a quarter of the eastern coastal city of Derna. A senior medic in Derna told Reuters […]