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UBS to cut 35,000 jobs after Credit Suisse rescue: report
UBS to cut 35,000 jobs after Credit Suisse rescue: report
by  AFP

Swiss banking group UBS plans to cut 35,000 jobs at Credit Suisse -- more than half its workforce -- as part of the emergency rescue takeover of its rival in March, according to a report by Bloomberg News on Tuesday.

Biden unveils election battle plan: 'Bidenomics'
Biden unveils election battle plan: 'Bidenomics'
by  AFP

President Joe Biden is making a big bet on the US economy powering him to re-election next year with the unveiling of a "Bidenomics" pitch to voters this week. At the top of Biden's pitch is his impressive list of legislative victories during the last two years.

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