Swiss banking giant UBS is expected to complete its takeover of crisis-hit domestic rival Credit Suisse as early as June 12, the two lenders said on Monday.. "UBS expects to complete the acquisition of Credit Suisse as early as 12 June 2023.
Asian equities on Monday built on a global rally after a mixed US jobs report lifted hopes the Federal Reserve will hold off hiking interest rates this month.. The crude market has come under pressure in recent months on concerns that a year of rate hikes by central banks would spark recessions and hit demand, while China's post-zero-Covid rally has run out of steam.
Apple on Monday is expected to show off pricy mixed-reality headgear at its annual Worldwide Developers Conference, challenging Facebook-owner Meta in a market that has yet to sizzle.. "It wants to get its device into the hands of early adopters and developers, who will start to build a (mixed reality) ecosystem around Apple software."
When the Beatles broke up more than 50 years ago, devastated fans were left yearning for more.. After the most influential band in history parted ways acrimoniously, fans were deprived of a final "happy ending," he said.
In 2013 US intelligence contractor Edward Snowden stunned the world with revelations that the massive US spy apparatus was secretly sucking up communications and private data on people around the world, from the lowest social media poster to the phone calls of German chancellor Angela Merkel.. They showed the US was able to tap into the phones of allied leaders and that the NSA had a program called Prism that collected user data from internet giants like Google and Facebook -- with and without their agreement.
The future of fossil fuels -- the leading source of planet-heating emissions -- will face scrutiny at UN climate negotiations Monday with an under-fire Emirati oil chief poised to step into the driver's seat.. But he has also focused on tackling carbon emissions -- with controversial technologies to capture CO2 -- rather than reducing the use of fossil fuels, insisting they will have a key role in the energy transition.
At a red-brick factory in the German port city of Hamburg, cocoa bean shells go in one end, and out the other comes an amazing black powder with the potential to counter climate change.. To make better use of the powerful black powder, Houben said other applications would need to be found.
There are growing signs that major oil producers led by Saudi Arabia and Russia are considering slashing production further when they meet on Sunday in a bid to prop up prices.. "Saudi Arabia doesn't want that scenario to come back -- neither does Russia," said Alshammari. bur-emb/anb-kym/lcm/leg
Ever since the poem churning ChatGPT burst on the scene six months ago, expert Gary Marcus has voiced caution against artificial intelligence's ultra-fast development and adoption.. - In March, alarmed that ChatGPT creator OpenAI was releasing its latest and more powerful AI model with Microsoft, Marcus signed an open letter with more than 1,000 people including Elon Musk calling for a global pause in AI development.
The "Lord's chicken" no more: US fast food chain Chick-fil-A -- beloved among Americans for its sandwiches, nuggets and milkshakes -- found itself on the receiving end of right-wing ire this week, accused of succumbing to "woke" ideology.. "Chick-fil-A you are no longer the Lord's chicken.
