Scramble for safety subsides as markets digest Credit Suisse rescue
Sunday saw the most dramatic state intervention since the 2008 global financial crisis, with UBS buying Credit Suisse for 3 billion francs (€3.02 billion) in a takeover
Business
German pensions to rise again, but slower than inflation
The German government says retirees’ pensions will rise significantly this summer for the second consecutive year.
EU pledges $1 billion for post-quake Turkey reconstruction
The European Commission will support Turkey with one billion euros ($1.07 billion) to help with reconstruction in the aftermath of the earthquake that devastated parts of the country and neighboring Syria last month.
Rail strikes: RMT votes to accept Network Rail pay offer
Members voted overwhelmingly in favour of deal, worth 9% over two years, in agreement that should bring worst of disruption to endMembers of the RMT union have voted to accept a pay offer from Network Rail.Thousands of rail workers including signalling…
Putin sticks to protocol during Chinese leader Xi’s visit
President Vladimir Putin wasn’t waiting at the end of the red carpet to greet Chinese leader Xi Jinping upon his arrival in Russia for a high-profile visit.
Analysis of the recent volatility in the cryptocurrency market
By Owais Sultan
The cryptocurrency market is extremely volatile. The unpredictable nature is both good and bad for traders and investors.…
This is a post from HackRead.com Read the original post: Analysis of the recent volatility in the cryptocur…
North Sea oil and gas workers vote to strike amid bumper profits
Series of actions planned this spring as union members call for more pay since firms are ‘raking it’Oil and gas workers have voted in favour of a series of large-scale North Sea strikes amid bumper profits for fossil fuel firms.About 1,400 workers acro…
Derby expected to be named new HQ of Britain’s rail network
Exclusive: Midlands city is frontrunner to become official home of Great British RailwaysDerby is expected to be named the new headquarters of Britain’s rail network by ministers this week, the Guardian understands.The delayed result of the competition…
Liz Weston: Should you rent in retirement?
The homes that helped many people build wealth can become a burden in retirement.
Bank shares plummet as Credit Suisse rescue fails to quell contagion fears
Shares of Credit Suisse dived 60 per cent on Monday morning after trading opened.