Town Hall News

(Reuters) -U.S. industrial conglomerate 3M Co and the city of Stuart, Florida are making “significant” progress to settle a water pollution suit tied to toxic “forever chemicals” and sought to delay a trial, according to a court filing on Sunday. 3M was scheduled to face trial in South Carolina federal court on Monday in a lawsuit brought by the Florida city accusing the company of manufacturing PFAS, or per- and […]

By John Revill ZURICH (Reuters) – UBS said on Monday it expected to complete its takeover of Credit Suisse “as early as June 12”, creating a giant Swiss bank with a balance sheet of $1.6 trillion following a government-backed rescue earlier this year. Completion is subject to the registration statement, which covers shares to be delivered, being declared effective by the U.S. Securities and Exchange Commission, and other remaining closing […]

By Jessie Pang and Ben Blanchard HONG KONG/TAIPEI (Reuters) – Hong Kong police said they detained 23 people on Sunday for “breaching public peace” and arrested a 53-year-old woman for “obstructing police officers” as authorities ramped up security for the 34th anniversary of the 1989 Tiananmen Square crackdown. Restrictions in Hong Kong have stifled what were once the largest vigils marking the anniversary of the bloody crackdown by Chinese troops […]

By Jessie Pang and Ben Blanchard HONG KONG/TAIPEI (Reuters) – Hong Kong police said they detained 23 people on Sunday for “breaching public peace” and arrested a 53-year-old woman for “obstructing police officers” as authorities ramped up security for the 34th anniversary of the 1989 Tiananmen Square crackdown. Restrictions in Hong Kong have stifled what were once the largest vigils marking the anniversary of the bloody crackdown by Chinese troops […]

ZURICH(Reuters) – UBS Group takeover of Credit Suisse, arranged by the Swiss authorities to stave off a broader banking crisis, is set to become official as early as June 12, the bank said on Monday. The closing of the tie-up marks the final chapter for the 167-year old institution after years of scandals and missteps eroded customer confidence and brought the lender to the brink of collapse. Here are the […]

By Jacob Gronholt-Pedersen and Louise Rasmussen COPENHAGEN (Reuters) -Denmark’s Prime Minister Mette Frederiksen will meet U.S. President Joe Biden in Washington on Monday, amid speculation that the White House will use the visit to vet her as the first female NATO secretary-general. According to diplomats, Frederiksen, 45, has emerged as a serious contender to replace Jens Stoltenberg, who is scheduled to step down as chief of the North Atlantic Treaty […]

By Jessie Pang and Ben Blanchard HONG KONG/TAIPEI (Reuters) – Hong Kong police said they detained 23 people on Sunday for “breaching public peace” and arrested a 53-year-old woman for “obstructing police officers” as authorities ramped up security for the 34th anniversary of the 1989 Tiananmen Square crackdown. Restrictions in Hong Kong have stifled what were once the largest vigils marking the anniversary of the bloody crackdown by Chinese troops […]

By John Revill ZURICH (Reuters) – UBS said on Monday it will complete its takeover of Credit Suisse “as early as June 12”, creating a giant Swiss bank with a balance sheet of $1.6 trillion following a government-backed rescue earlier this year. Completion is subject to the registration statement, which covers shares to be delivered, being declared effective by the US Securities and Exchange Commission, and to satisfaction, or waiver […]

ZURICH (Reuters) – UBS said on Monday it will complete its takeover of Credit Suisse “as early as June 12”, creating a giant Swiss bank with a balance sheet of $1.6 trillion following a government-backed rescue earlier this year. “UBS expects to complete the acquisition of Credit Suisse as early as 12 June 2023. At that time, Credit Suisse Group AG will be merged into UBS Group AG,” UBS said […]