Credit Suisse pays down debt to ease investor fears

To redeem up to $3 billion in debt Seen as an attempt to reassure nervous investors The move comes weeks before the scheduled overhaul Share up to 3% in the first exchanges ZURICH, Oct 7 (Reuters) – Credit Suisse (CSGN.S) will buy up to 3 billion Swiss francs ($3 billion) of debt, the troubled Swiss … Read more

European club meets in Prague to build ‘new order’ without Russia

PRAGUE, Oct 6 (Reuters) – The European Union wants the 44 countries gathered for an inaugural summit in Prague of the European Political Community (EPC) on Thursday to underline Russia’s international isolation in the face of Moscow’s war in Ukraine, said the bloc’s diplomacy chief. However, the summit will likely be dominated by differences over … Read more

Twitter will interview Elon Musk, known for his combative testimonies

WILMINGTON, Del., Sept 26 (Reuters) – Billionaire Elon Musk’s tendency to slur while being questioned under oath will be tested again this week, when lawyers for Twitter Inc (TWTR.N) are set to interview Tesla Inc ( TSLA .O) CEO on his abrupt decision in July to drop his $44 billion contract for the social media … Read more