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
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,
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
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
CNN’s Erin Burnett speaks with Ukrainian sniper Roman Trokhymets about his experience fighting against Russians near Bakhmut. #CNN #News #shorts
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
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
The King has marked his first Mother’s Day since the death of the Queen by posting a touching picture of the pair on Instagram. The image shows the King as a toddler standing on his mother’s lap as both beam for the camera. Another photo shows the Queen Consort with her late mother, Rosalind Shand,
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
1:02 AM ET Associated Press HAMPTON, Ga. — Austin Hill continued his dominant start to the NASCAR Xfinity season, holding off Daniel Hemric at Atlanta Motor Speedway on Saturday night for his third win in five races. Hill overcome a record-setting day of cautions in doubleheader Xfinity and truck series races. There were 11 cautions,
Vladimir Putin has visited the occupied Ukrainian city of Mariupol, according to Russian media reports. The president made what state media described as a “working trip” to the port city, which he annexed in September last year following Russia’s invasion of Ukraine. Mr Putin, who arrived in a helicopter, travelled around several districts of the
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
When it comes to four-wheeled electric vehicles, Alibaba is known to have some doozies in the low price department. But this model might take the cake for cheapest electric vehicle yet. I’m not sure what I’d use it for, but at least the $600 price tag wouldn’t be nearly as hard to justify to my
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
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
Gary Lineker has returned to his presenting duties on the BBC, with football pundit Alan Shearer speaking about the “difficult situation” he and his colleagues faced after a row over impartiality. Lineker was forced off air in a row over a tweet criticising the government’s migration policy, with his co-presenters standing down from Match Of
An arrest warrant issued against Russian President Vladimir Putin is the International Criminal Court’s (ICC) “first shot” in what could be a substantial indictment against him, Ukraine’s leading lawyer has said. The intergovernmental group – based at The Hague – has accused Mr Putin of being responsible for the abduction of children from Ukraine. An
Donald Trump was given a standing ovation when he arrived at a wrestling tournament in Oklahoma amid claims he is set to be arrested next week. The former president was cheered by the crowd and pumped his fist as he made his way to his seat, clad in his trademark blue suit and red tie