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Covid report based on China samples puts suspicion back to animal origins

In some samples there was more animal genetic material than human genetic material indicating possible SARS-CoV-2 infections in animals, the report says

Credit Suisse bankers seek new jobs, flood headhunters with calls

"If they aren't going to CSFB they will have to be emigrated into UBS fixed-income, which is a much smaller business than Credit Suisse," a headhunter said in an interview

India's steadying economy shows early signs of weakening consumption

Economic expansion may be under pressure as the "full-blown impact" of the Reserve Bank of India's 250 basis point hike in borrowing cost since May gets transmitted to end-consumers, Crisil Ltd., the

Sir Lanka's world-beating bonds pin hopes on IMF billions: Report

The nation's dollar bonds have returned 20 per cent this year, the top performers

US banking turmoil: Wipeout of risky bonds upends $275-billion market

UBS Group AG told Credit Suisse wealth bankers it's weighing financial sweeteners for them to stay as it seeks to reassure key staff following the takeover

Putin tells Xi Jinping: Will discuss China's peace proposals for Ukraine

The trip to Moscow marks Xi's most ambitious attempt yet to play the role of peacemaker as he seeks to broker an end to Russia's war in Ukraine

All social media platforms have TikTok-like risks, says transparency group

All of these platforms have "force-fed children dangerous and harmful content with predatory algorithms, said the group

Air India confident on funding for world's biggest aircraft deal

With the fleet expansion, Air India is seeking to take on the likes of Emirates and Qatar Airways, which dominate lucrative routes from India to the US and Europe through their hubs in Doha and Dubai

New Starbucks CEO Laxman Narasimhan takes reins early from Howard Schultz

Narasimhan, 55, has also joined the company's board of directors, Starbucks said in a statement

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