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Controversial regasification unit arrives in Italy
Controversial regasification unit arrives in Italy
by  AFP

A new floating storage and regasification unit considered crucial to Italy's energy security arrived in Tuscany on Sunday, sparking local protests. But there have been months of local protests against the project, and a small march was staged Sunday ahead of the vessel's late-night arrival from Singapore.

Credit Suisse: a bank sunk by scandals
Credit Suisse: a bank sunk by scandals
by  AFP

Credit Suisse was a pillar of Swiss banking that rapidly collapsed, its foundations fatally undercut by repeated missteps that left it shaky when storms in the banking sector began swirling.

UBS against the clock in Credit Suisse takeover talks
UBS against the clock in Credit Suisse takeover talks
by  AFP

UBS was up against the clock Sunday in talks to finalise a mammoth takeover of its troubled rival Swiss bank Credit Suisse and reassure investors before the markets reopen. Blick newspaper said UBS will buy Credit Suisse in a deal to be sealed later Sunday in Bern at a meeting featuring the government and the banks' executives.

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