Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Swiss government has proposed increasing UBS’s capital requirements by up to $26bn in an attempt to reduce the risk of another Credit Suisse-style collapse, a move UBS called “extreme” and disproportionate.Switzerland’s Federal Department of Finance (FDF) on Friday said it wanted to force UBS to fully capitalise its foreign subsidiaries as part of a wide-ranging package of reforms to the country’s financial sector, despite a public lobbying campaign by the bank‘s management to dilute the changes. “The Credit Suisse crisis made…

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldFor years, private equity’s expedient playbook for making money out of flipping businesses has been a simple formula: raise cash, buy low, add cheap debt, exit high, return capital, and repeat. This flywheel of funding — which has powered the industry’s rise from the sidelines of finance to the mainstream — is now sputtering. It is jammed at the exit. Buyout barons are finding it harder to profit on their investments through sales or initial public offerings. As returns dwindle,…

NEWYou can now listen to Fox News articles! Virginia authorities are searching for missing sailor Angelina Petra Resendiz, who was last seen on May 29 at her barracks in Norfolk.The last known sighting of Angelina Petra Resendiz, 21, was around 10 p.m. in Miller Hall at Naval Station Norfolk, according to Virginia State Police.Police are describing Resendiz’s disappearance as critical, saying her health is at risk. A Naval Criminal Investigative Service (NCIS) spokesperson confirmed the agency is investigating Resindez’s disappearance.Resendiz’s mother, Esmeralda Castle, who lives in Resendiz’s former home state of Texas, described her daughter as “loving” and “kind” in…

By Sarah Jones Global News Posted June 6, 2025 11:27 am 1 min read Descrease article font size Increase article font size Not once but twice this week has the finish tower on Pine Island in Wascana Centre being the victim of vandalism. On Saturday night, multiple windows and panes of glass were smashed at the facility, leaving major damage.Volunteers from the Canoe and Rowing Club were quick to clean the mess and replace the broken panels, but just days later, the building was hit again. Get daily National news Get the day’s top news, political, economic, and current affairs…

new video loaded: ‘Ballerina’ | Anatomy of a ScenetranscriptBacktranscript‘Ballerina’ | Anatomy of a SceneThe director Len Wiseman narrates a sequence from his film “From the World of John Wick: Ballerina,” featuring Ana de Armas.Hello, I’m Len Wiseman and I am the director of “Ballerina.” So at this point in the story, Eve played by Ana de Armas, she doesn’t know that she’s actually in the Devil’s Den. And so this is a scene where within the fun of the action, “I’m not going to hurt you.” You’re also revealing, Oh my God, everybody in this town is an assassin. So…

Andrew Rannells takes on murder and mayhem in “I Don’t Understand You” – CBS News Watch CBS News Andrew Rannells joins “CBS Mornings” to talk about his new film “I Don’t Understand You,” a dark comedy about an American couple whose Italian vacation takes a deadly turn as they prepare to adopt a child. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On

Idrees Abbas | Lightrocket | Getty ImagesIt’s been a bad week for DOGE. And a really bad week for dogecoin.The meme coin, which gained popularity in part because Elon Musk once dubbed it “the people’s crypto,” fell about 10% on Thursday and is down 22% over the past week. That drop corresponds with Musk’s official departure from the Trump administration and the Department of Government Efficiency (DOGE), which was the centerpiece of his effort to radically downsize the federal government.Musk and Trump had been sparring in recent days, with Musk slamming the president’s spending bill, and Trump withdrawing the nomination…

St George Illawarra coach Shane Flanagan has vowed that the 56-6 loss to the Dolphins will be a blip on the radar and not a trend.”I’ll make sure of it. Don’t you worry. That’s my job,” Flanagan said.The veteran coach would not have been expecting such a dire display after two solid wins over Brisbane and Newcastle. Apart from the 46-18 loss to Sydney Roosters on Anzac Day the Dragons had been in every match this season, including three losses by a solitary point.At Suncorp Stadium on Friday night the Dragons collapsed in a heap.”We can make excuses but we…

BEIJING: In an event space on the fringes of Beijing, two heavyset wrestlers in spandex and masks stare each other down in the middle of a ring. They spring off the ropes with surprising agility, poised to strike. A third figure, clad in a traditional Chinese gown, storms onto the squared circle. With swift, kungfu-style power kicks, he sends both fighters crashing onto the mat with thunderous thuds that echo around the arena. “This is awesome! This is awesome!” the crowd roars in English. While the venue sold out all of its almost 400 seats, the overall number of Chinese pro…

Jordan is celebrating the qualification of its football team for a FIFA World Cup for the first time following a decisive 3-0 victory against Oman. Huge celebrations erupted as fans drove their cars through Jordan’s capital Amman late on Thursday and into Friday, honking their horns and chanting victory while others waved the national flag in triumph. “We are all with you!” and “It’s getting closer, heroes” read messages written into the night sky in a spectacular drone light show. Jordan sealed their place on the penultimate day of Asian qualifying for the 2026 tournament, which will be played in…