UBS expects to seal Credit Suisse takeover as early as June 12

By John Revill ZURICH (Reuters) -UBS expects to complete its takeover of Credit Suisse “as early as June 12”, which will create a giant Swiss bank with a balance sheet of $1.6 trillion following a government-backed rescue earlier this year. The deal’s completion is subject to the registration statement, which covers shares to be delivered,…

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Settlement expansion is obstacle to peace, Blinken tells US Israel lobby

By Simon Lewis and Doina Chiacu WASHINGTON (Reuters) -Secretary of State Antony Blinken pledged continued U.S. commitment to both Israel’s security and a two-state solution to the Israel-Palestinian conflict on Monday, but said the expansion of Jewish settlements would be an obstacle to peace. In a speech to the pro-Israel lobby group the American Israel…

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Absent Prince Harry not suing publisher because of press ‘vendetta’, lawyer says

By Sam Tobin and Michael Holden LONDON (Reuters) -Prince Harry is suing a British tabloid publisher to focus attention on alleged unlawful activities and not because of “some vendetta against the press”, his lawyer told London’s High Court on Monday. Harry, King Charles’ younger son, is one of more than 100 high-profile figures suing the…

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China leads tech race, highlighting need for AUKUS sharing, says think-tank

By Kirsty Needham SYDNEY (Reuters) – China leads research in 19 of 23 technologies set as priorities by the AUKUS defence partnership of Australia, Britain and the U.S., including hypersonics, electronic warfare and undersea drones, highlighting the need for Western allies to pool research results, an Australian security think-tank says. The Australian Strategic Policy Institute…

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Venezuela’s Maduro visits Saudi Arabia -state media

RIYADH (Reuters) – Venezuelan President Nicolas Maduro arrived in Saudi Arabia on Monday, state media reported, as the kingdom continues to expand its diplomatic outreach beyond traditional Western alliances. Maduro was received at the airport of the Saudi Red Sea city of Jeddah by Deputy Governor of Mecca region Prince Badr bin Sultan and other…

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