Search results for "stock"

UBS Takeover of Credit Suisse a Done Deal

It’s been tagged as the biggest deal banking in the world since the dark days of 2008. The UBS takeover of Credit Suisse. But the imminent collapse of Credit Suisse which preceded it also tarnished the reputation of Switzerland’s banking credibility. The deal creates a wealth management group with a $1.6 trillion balance sheet, effectively […]

Wake-up Call for Europe: Ukraine's Kakhovka Hydroelectric Power Plant disaster 

On Tuesday, June 6, the Kakhovka Hydroelectric Power Plant, situated in Nova Kakhovka in Southern Ukraine, was struck by a calamitous event, now recognized as the largest technological disaster in Europe in decades. The severity of the incident cannot be understated, as the plant’s dam, turbines, and generators were completely devastated, leading to significant repercussions […]

Elon Musk's Commitment to Shaping the Future of Technology 

Musk’s investments in several industries demonstrate his commitment to shaping the future of technology and science.  Elon Musk, the CEO of Tesla and SpaceX, has been in the news lately due to the significant drop in his net worth. In 2021 Musk’s net worth fell by $27 billion in just one week, according to Forbes, […]