Page 8 - Bloomberg

India to splurge $12 bn on airports in next two years as travel rebounds

The world's fastest-growing aviation market aims to boost the number of airports to 220 by 2025 from the current 148, for which private builders will invest about $9 billion

Credit Suisse's 9,000 job cuts are foretaste of UBS takeover amid crisis

The merger creates significant overlaps. The two lenders together employed almost 125,000 people at the end of last year, with about 30% of the total in Switzerland

Taiwan's chip exports sputter on US-China tensions, falling demand

The total amount of semiconductors Taiwan shipped worldwide declined 17.3% last month from a year ago

Credit Suisse tells staff bonuses will still be paid amid UBS takeover

There will be no changes to payroll arrangements and bonuses will still be paid on March 24, Credit Suisse said in an internal memo to staff

ADP, GMR Airports infrastructure to merge joint venture with GMR

ADP and GMR Airports Infrastructure own 49% and 51%, respectively, of the unlisted GMR Airports Ltd., according to a statement Sunday from the French company

Japan's Kishida may seek India's aid to get tough on Russia for Ukraine war

"As leaders of the G-7 and G-20, I want us to communicate closely in an effort to strengthen cooperation," Kishida said March 10 when announcing the trip

TikTok's moderators still review child abuse despite vow to exit business

The revelations highlight the challenges that social media companies and their content review teams face in protecting their users from extremely disturbing material

Credit Suisse's $17 bn of risky bonds are now worthless after UBS takeover

The bond wipe out is the biggest loss yet for Europe's $275 billion AT1 market, far eclipsing the only other write-down to date of this type of security

Here's how scandal and mistrust ended Credit Suisse's 166-year history

After tense talks over the weekend, UBS Group AG agreed to buy Credit Suisse in an all-share deal for about $3.25 billion, less than the market value of troubled US lender First Republic Bank

The one big winner and many losers of UBS's Credit Suisse rescue deal

After a weekend of frantic talks to forge a solution before markets opened in Asia, the firm struck a deal to buy its smaller rival for about $3.3 billion in an share deal

UBS agrees to buy Credit Suisse for more than $2 billion: Report

UBS had earlier tabled an offer of about $1 billion, or 0.25 francs a share for Credit Suisse, which the firm had pushed back on, people with knowledge of the matter said earlier on Sunday

How new tanker giants are sprouting from nowhere to keep Russian oil moving

Almost 1,200 miles away in Dubai, a small office in a run down industrial estate, offers no clues that it, too, is a small cog in Russia's vast new petroleum supply chain

FDIC considers Silicon Valley Bank break-up after failing to find a buyer

Bids are due Friday for the so-called "bridge bank" that the FDIC set up to take receivership of SVB's assets and liabilities

Credit Suisse's 1st boston plan in doubt as Swiss lender nears forced sale

Klein and others had already been talking to interested parties as they sought to line up investors for the business

Credit Suisse crisis nears finale as UBS discussions on takeover heat up

At the prodding of regulators, UBS has put aside its initial opposition to a deal and is exploring possible structures that could be executed quickly to halt a deep crisis of confidence

Donald Trump says he expects to be arrested on Tuesday, calls for protest

Trump has denied any wrongdoing and called Bragg's investigation "a political witch hunt"

Deutsche Bank is said to study opening for Credit Suisse's assets

The German bank's deliberations so far are internal and it hasn't made any concrete proposals to the Swiss lender yet, said sources

BlackRock denied working on possible rival bid for Credit Suisse

BlackRock has denied that it's working on a possible rival bid for Credit Suisse Group AG

CFA Institute revises exam; cuts study time, stresses practical skills

Starting next year, chartered financial analyst candidates will take Level I and Level II tests with new content covering skills used in the working world

If OECD has its way, logging into Zoom at a beach could land you a tax bill

Currently firms and workers are facing a jumble of complicated rules on when a worker needs to pay tax if they are staying in different countries for prolonged periods