UBS may eliminate more than 30,000 jobs worldwide, Sonntagszeitung claims UBS Group AG will slash its workforce by between 20% and 30% after completing its takeover of rival Credit Suisse, letting go as many as 36,000 employees globally, the newspaper Sonntagszeitung has reported, citing a senior manager at UBS. The newspaper highlighted that some 11,000 […]

Chandigarh (Haryana) [India], March 2 (ANI): Haryana’s Health Minister Anil Vij called a meeting with health department officials on Monday to take a stock of rising Corona cases in the state and discuss measures to curtail the spread of the infection. “A meeting of health department officials has been called on Monday afternoon to take […]

Kanpur (Uttar Pradesh) [India], April 1 (ANI): Operations to douse the massive fire that broke out in Kanpur city’s Basmandi area in the early hours of Friday and gutted readymade garment shops in five different shopping complexes is still underway, Uttar Pradesh police said on Saturday. Kanpur Deputy Commissioner of Police Tej Swaroop said, “The […]

Howrah (West Bengal) [India], April 1 (ANI): Prohibitory orders were imposed in West Bengal’s Howrah on Friday after fresh incidents of stone pelting were reported in the district. According to the Howrah DM Mukta Arya order issued on Friday, “In Howrah, Shibpur, Santragachi, Dasnagar, Salkia, Malipanchghora, and Jagacha areas prohibitory orders under Section 144 of […]

Indore (Madhya Pradesh) [India], March 31 (ANI): The death toll in the Indore temple stepwell collapse incident has increased to 18, Indore Commissioner of Police Makrand Deoskar said late on Thursday night, as the search operation to trace persons reported missing after the tragic incident was on. “The death toll has risen to 18. An […]

NEW YORK, New York – U.S. stocks and the dollar made solid gains on Wednesday as banking sector fears continued to recede. The greenback benefited from rising bond yields. “Every day that something doesn’t break is a good day,” Ed Yardeni, president of Yardeni Research told CNBC Wednesday. “The market keeps waiting for something else […]

NEW YORK, New York – U.S. stocks lipped on Tuesday as bond yields rose in the aftermath of the easing of the immediate banking crisis. Punters bet the Fed will continue raising rates with fears about the bank ebbing. “For the second day in a row, interest rates are rising, and the markets are being […]

NEW YORK, March 27 (Xinhua) — Wall Street’s major averages closed mixed on Monday as bank shares rebounded, while tech lagged. The Dow Jones Industrial Average rose 194.55 points, or 0.6 percent, to 32,432.08. The S&P 500 added 6.54 points, or 0.16 percent, to 3,977.53. The Nasdaq Composite Index sank 55.12 points, or 0.47 percent, […]

Dehradun (Uttarakhand) [India], March 27 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami inspected the under-construction Delhi-Dehradun Expressway on Sunday. During the inspection, Dhami took stock of the 340-meter-long Daat Kali tunnel and elevated section on the expressway from the officials of the National Highways Authority of India (NHAI). The chief minister directed the executing agencies […]

The Minnesota Timberwolves and Golden State Warriors will each attempt to distance themselves from the NBA’s play-in tournament when the Western Conference playoff hopefuls duel Sunday night in San Francisco. Playoff position, how the season series plays out and postseason tiebreakers are all inplay when the clubs meet for the fourth and final time this […]