The Swiss giant will go to a competitor – their merger will create one of the largest banks in Europe

Just last week, the Swiss central bank promised loss-making Credit Suisse a whopping 50 billion Swiss francs (roughly the same amount) as a loan to calm financial markets. But it didn’t help. Therefore, it was decided at the weekend that the bank will be taken over by its rival UBS. It will be the biggest … Read more

Credit Suisse collapse, which are the largest funds damaged by bonds

Inside Ubs there is a happy atmosphere: the Swiss company has skyrocketed on the stock market thanks to the revelation of Swiss credit, closing trading on Tuesday 21 March at +12.1%, with a capitalization that increased by more than 8 billion francs in two sessions. The same cannot be said for the investors who had … Read more

Křetínský became the largest shareholder of the French chain

Fnac Darty is a retail chain that sells books, music and electronics. French average reported on the development about a week after the media conglomerate Vivendi announced exclusive negotiations with one of the companies of the Cretan Empire on the sale of the Editis publishing house, which is the second largest in France. Křetínský, as … Read more

“The largest distributor of PlayStation games.” A conflict of statements between Microsoft and Sony

books: Walid Arafa Monday, March 20, 2023 03:11 PM Microsoft confirmed that EA is the largest distributor of games for the PlayStation platform. The confirmation came in response to Sony’s statements that the PlayStation department cannot protect itself from the lack of a Call of Duty game series in the future. On the other hand, … Read more

One of the largest solar panel projects in Latgale has been installed at the “Ošukalna” factory

The multi-sector company “Ošukalns” in cooperation with the energy company “Enefit” has installed one of the largest and most technically complex solar panel parks in the Latgale region on the roof of its woodworking factory in Jēkabpils. Project investments are 350 thousand euros. As part of the project, 1,050 solar panels with a total system … Read more

Tomra on wholesale in Norwegian technology: Becomes the largest owner in Kezzler, which receives 115 million in fresh money

REFERRING TO NEW EU RULES: – It changes the position of Kezzler completely. The company IS fantastically well positioned for growth in the coming years, says Patrick Sandahl in Investinor (left). Further to the right, Lars Enge in Tomra, Christine C. Akselsen in Kezzler and Kaare Helle in DNV Ventures. Photo: Anders Horntvedt

TOP 25 largest real estate transactions in February

The absolute majority (69%) of all transactions registered in Riga in February were transactions with apartments, 113 transactions with land, 81 transactions with premises, 54 transactions with land with buildings, etc. were also registered in the capital. According to “Lursoft” data, the transaction involving land with buildings at Ernesta Birznieka-Upīša street 21, Riga, was the … Read more

The Prague Stock Exchange experienced its worst week in almost half a year, with trading volumes the largest in the last year. In the crosshairs of ČEZ and possible other tax changes

Normal0 21 falsefalsefalse CSX-NONEX-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Normální tabulka”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:””; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin-top:0cm; mso-para-margin-right:0cm; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0cm; line-height:115%; mso-pagination:widow-orphan; font-size:10.0pt; font-family:”Times New Roman”,serif; mso-fareast-language:EN-US;} Problems in the banking sector, whether overseas or in Europe thanks to Credit Suisse, have brought considerable nervousness and indeed volatility to the global … Read more

What are the Sizes of the Largest and Smallest Asteroids in the Solar System? This Says Astronomers

Asteroid Apophis. ©2019 NASA Reporter: Hari Ariyanti – The asteroid caused the extinction of the dinosaurs millions of years ago, when a giant space rock hit Earth. But not all asteroids are Earth destroyers. Asteroids come in a variety of sizes, some small and some very large. So, what are the largest and smallest … Read more

Index – Economy – This is how one of the world’s largest banks can escape disaster

Switzerland’s Credit Suisse said it would borrow up to $54 billion from the Swiss central bank to bolster liquidity and investor confidence after a plunge in its shares fueled fears of a global financial crisis. Investors pushed the shares of the country’s second largest lender into a 30 percent drop on Wednesday. The Swiss bank’s … Read more