By Rod Nickel WINNIPEG, Manitoba (Reuters) – The number of wildfires raging out of control across Quebec dropped on Sunday as firefighters in the Canadian province gained the upper hand in some areas, a provincial minister said on Sunday. Quebec Natural Resources Minister Maite Blanchette Vezina said told reporters that the number of out-of-control fires…
(Reuters) – UBS AG is set to impose tight restrictions on Credit Suisse bankers, including a ban on new clients from high-risk countries and on complex financial products, the Financial Times said on Sunday, citing people with knowledge of the matter. Bloomberg News reported on Saturday that the emergency takeover of Credit Suisse by UBS…
(Reuters) – UBS AG is set to impose tight restrictions on Credit Suisse bankers, including a ban on new clients from high-risk countries and on complex financial products, the Financial Times said on Sunday, citing people with knowledge of the matter. Bloomberg News reported on Saturday that the emergency takeover of Credit Suisse by UBS…
(Reuters) -Billionaire financier George Soros is handing control of his massive empire to his son Alexander, a Soros spokesperson said on Sunday. The spokesperson confirmed the details from an interview with Soros published in The Wall Street Journal on Sunday. A hedge fund manager turned philanthropist and major backer of liberal causes, Soros, 92, said…
GDANSK (Reuters) -Poland’s biggest video game producer CD Projekt will release a highly-anticipated expansion to its flagship game Cyberpunk 2077 called “Phantom Liberty” on Sept. 26, the company announced during the Xbox Games Showcase on Sunday. The release will be CD Projekt’s first major premiere since the bug-ridden launch of Cyberpunk 2077 in 2020. The…
TUNIS (Reuters) -The European Union said on Sunday it may loan Tunisia over 1 billion euros ($1.07 billion) to help develop its battered economy, rescue state finances and deal with a migration crisis, with most funds contingent on it agreeing economic reforms. The offer was announced by European Commission President Ursula von der Leyen during…
By Kylie MacLellan LONDON (Reuters) -Former Scottish First Minister Nicola Sturgeon said on Sunday she was innocent after being arrested and held for more than seven hours as part of a police probe into the fate of funds for her pro-independence Scottish National Party. The police investigation is looking at what happened to more than…
Mining companies have been an integral part of the global economy for centuries. The process of extracting valuable minerals or other geological materials from the Earth has shaped civilizations and continues to drive economic growth. We will focus on some of the most profitable publicly listed mining companies globally, examining their business models, the commodities…
By Andrea Shalal WASHINGTON (Reuters) – The World Bank must use “informed risk-taking” to encourage private investors to get more engaged in helping developing countries deal with climate change and leapfrog fossil-fuel energy sources, its new president Ajay Banga said on Sunday. Banga told CNN’s ‘Fareed Zakaria GPS’ program that efforts now underway to stretch…
By Andrea Shalal WASHINGTON (Reuters) – The World Bank must use “informed risk-taking” to encourage private investors to get more engaged in helping developing countries deal with climate change and leapfrog fossil-fuel energy sources, its new president Ajay Banga said on Sunday. Banga told CNN’s ‘Fareed Zakaria GPS’ program that efforts now underway to stretch…
