Featured
Last news

Venezuela's oil minister resigns over graft probe
Venezuela's oil minister Tareck El Aissami resigned on Monday after prosecutors opened a corruption investigation into officials at the state oil company PDVSA.

Letter bomb explodes at Ecuador TV station, other media get envelopes
Two letter bombs were sent to TV stations in violence-plagued Ecuador on Monday, one of which exploded without causing casualties as other media also received suspect envelopes, officials and media reported.

BBC urges staff to ditch TikTok over data fears
The BBC said Monday that it had told staff to delete Chinese-owned video app TikTok unless it was needed for business reasons, with Western institutions increasingly taking a harder stance over data collection fears.

French govt survives no-confidence votes in pension fight
The French government under President Emmanuel Macron on Monday survived two no-confidence motions in parliament, but still faces intense pressure over its handling of a controversial pensions reform.

Swiatek pairs up with Federer's sportswear brand On
World number one Iga Swiatek has signed a partnership deal with Swiss sportswear brand On, co-owned by Roger Federer, the Polish tennis player said on Monday.

Bank shares wobble after Credit Suisse buyout
Bank shares wavered in volatile trading on Monday after a UBS takeover of embattled Swiss rival Credit Suisse and actions by financial authorities aimed at calming investors fearing a broader crisis.

Norway's high court confirms its control of Arctic resources
Norway's highest court confirmed on Monday the Norwegian state's exclusive right to natural resources on the continental shelf around the strategically important Svalbard archipelago in the Arctic.

Kuwait desert oil spill sparks 'state of emergency': company
The Kuwait Oil Company declared a "state of emergency" Monday over an oil spill on land, in an incident decried by environmental activists as a "recurring problem" in the energy-rich Gulf state.

Bank shares slide despite Credit Suisse buyout
Global bank shares took another beating on Monday despite a UBS takeover of embattled Swiss rival Credit Suisse and actions by financial authorities aimed at calming investors fearing a broader crisis.

Credit Suisse buyout faces harsh criticism at home
UBS's emergency takeover of its troubled Swiss rival Credit Suisse, with significant backing and arm-twisting from Bern, sparked fears Monday it could weaken the country's biggest bank and financial sector as a whole.

UK minister faces hostile return after Rwanda asylum trip
One of Britain's most senior ministers came under fire Monday for laughing uproariously in front of a future migrant camp and asking for tips on interior design during a trip to Rwanda.

Bank shares, oil prices slide despite Credit Suisse buyout
Global bank shares and oil prices slumped Monday as a UBS buyout of Credit Suisse and reassurances from financial authorities failed to calm investors spooked by a fresh crisis.

EU hammers out 2-billion-euro ammunition plan for Ukraine
European Union ministers were set to sign off Monday on a two-billion-euro plan to raid their stockpiles and jointly purchase desperately needed artillery shells for Ukraine.

Stocks plunge despite Credit Suisse buyout, central banks' pledge
Equities sank Monday on fears about the financial sector, despite news of UBS's takeover of embattled Credit Suisse and central bank pledges to provide liquidity to troubled lenders.

Stocks drop despite Credit Suisse buyout, central banks' pledge
Asian equities sank Monday following a sell-off in New York on fears over the financial sector, with traders giving short shrift to news of UBS's takeover of embattled Credit Suisse and central bank pledges to provide liquidity to troubled lenders.

UBS announces Credit Suisse buyout to calm markets, but Asian equities sink
UBS is set to take over its troubled Swiss rival Credit Suisse for $3.25 billion following weekend crunch talks aimed at preventing a wider international banking crisis, but Asian equities sank Monday on lingering worries about the sector.

US regulator sells failed Signature Bank assets to another lender
The US banking regulator has struck a deal to sell most of the assets of the failed Signature Bank to another institution, the agency said on Sunday.

French govt faces make-or-break vote after pensions uproar
French Prime Minister Elisabeth Borne on Monday faces two motions of no confidence in the National Assembly lower house, after forcing through an unpopular pension reform last week without a vote.

Asian stocks drop despite Credit Suisse buyout, central banks' pledge
Asian equities sank Monday following a sell-off in New York as investors fret over the financial sector, despite central banks' pledges to provide liquidity to troubled lenders and news that UBS had taken over embattled Credit Suisse.

UBS takeover of Credit Suisse: the main points
The takeover of Credit Suisse by UBS will create a banking giant unprecedented in the history of Switzerland, where banking is a core part of the national identity.

UBS takes over Credit Suisse in move to calm the markets
UBS will take over its troubled Swiss rival Credit Suisse for $3.25 billion following crunch talks Sunday aimed at stopping the stricken bank from triggering a wider international banking crisis.

Macron calls for calm amid French pension fury before crucial votes
French President Emmanuel Macron said Sunday he hoped his bitterly contested pensions reform plan, forced through parliament without a vote, could complete "its democratic journey", a day before crucial votes in parliament.

Controversial regasification unit arrives in Italy
A new floating storage and regasification unit considered crucial to Italy's energy security arrived in Tuscany on Sunday, sparking local protests.

Credit Suisse: a bank sunk by scandals
Credit Suisse was a pillar of Swiss banking that rapidly collapsed, its foundations fatally undercut by repeated missteps that left it shaky when storms in the banking sector began swirling.

UBS in $3.25bn takeover of Credit Suisse
UBS will take over its troubled Swiss rival Credit Suisse for $3.25 billion following crunch talks Sunday aimed at stopping the stricken bank from triggering a wider international banking crisis.

UBS agrees to take over Credit Suisse
UBS has agreed to take over its troubled Swiss rival Credit Suisse, the president of Switzerland announced Sunday, following urgent talks aimed at sparing the embattled bank from a bloodbath when the markets reopen.

'Shazam!' sequel tops N.America box office but lacks magic
"Shazam! Fury of the Gods" topped the North American box office this weekend with an estimated $30.5 million opening, but that represented a sharp dropoff from the original blockbuster and analysts called the result disappointing.
UBS, Credit Suisse lock horns in takeover talks
UBS is prepared to take over its troubled Swiss rival Credit Suisse but only for a knockdown price, reports said Sunday amid urgent talks aimed at saving the embattled bank from a bloodbath when the markets reopen.

New pension protests in France ahead of crucial votes
France faced another day of protests Sunday against a bitterly contested pension reform rammed through by President Emmanuel Macron's government, a day before crucial no-confidence votes in parliament.
Putin visits Mariupol in first trip to captured territory
Russian President Vladimir Putin made a surprise trip to Mariupol, the Kremlin said Sunday, his first visit to territory captured from Ukraine since the start of Moscow's offensive.

Unwanted visitor ruins spring break in Florida - toxic algae
With its brilliant sun, white sand and turquoise water, Lido Key Beach would make for a perfect postcard of Florida beaches if it weren't for the dozens of dead fish lying on the shore, killed by a toxic algae bloom known as red tide.

US Fed to balance banking woes, inflation in next rate decision
US central bankers face an unenviable task when they gather in Washington next week: tackling persistent inflation without adding to financial sector turmoil after Silicon Valley Bank's rapid collapse.