Business
Credit Suisse and UBS are in talks to merge – FT
UBS (UBSG.S) is in discussions to acquire Credit Suisse (CSGN.S), with the boards of Switzerland's two biggest lenders meeting separately this weekend, the Financial Times reported. The Swiss National…
Ryan Reynolds joins other celebrities in $1.35 billion Mint Mobile deal
The latest celebrity to gain a major acquisition is Ryan Reynolds. T-Mobile (TMUS) acquired Reynolds-backed Mint Mobile for $1.35 billion on Wednesday. There are 61% of shares in stock and 39% in cash…
In JV with SEG ENERA, AD Ports enters Uzbekistan logistics
The ADPORTS Group and SEG ENERA Group, one of the largest multisectoral holding companies in Uzbekistan, have formed ADL-Ulanish, which will provide end-to-end global logistics services throughout…
Dollar slips as investors await Powell testimony
Investors were watching for testimony from Federal Reserve Chair Jerome Powell on Monday as well as the February jobs report at the end of the week, which will likely influence how hawkish the central…
UAE, Egypt, Jordan, and Bahrain sign $2 billion in industrial deals
During the third meeting of the Industrial Partnership for Sustainable Economic Development's Higher Committee, companies from the UAE, Egypt, Jordan and Bahrain signed industrial agreements worth…
US nominates former Mastercard CEO, Ajay Banga, to lead World Bank
US President Joe Biden nominated former Mastercard CEO Ajay Banga to lead the World Bank, crediting his experience with global challenges such as climate change. David Malpass, a Trump appointee,…
Winter storm shuts down parts of the northern U.S.
The northern plains of the USA are largely shutting down ahead of a major winter storm that could dump up to 2 feet of snow in some areas. This storm will be accompanied by strong winds and…
Aid for solar, wind industries sought by German economy minister
After talks with industry representatives, Economics Minister Robert Habeck said in Berlin that Germany should increase state support for wind turbines and solar plants. "We have to strengthen the…