Credit Suisse will rein in its investment bankers and plough money into looking after the fortunes of the world’s rich as it tries to curb a freewheeling culture that has cost it billions in a string of scandals. Announcing the restructuring on Thursday, Chairman Antonio Horta-Osorio, who joined from Lloyds Bank in April to bring the Swiss lender to heel, said he was putting risk management and responsibility at the heart of its operations. Switzerland’s second-biggest bank will all but stop fun

BONN, Germany — The German government approved$ 470 million in immediate aid for flood victims on Wednesday as it assessed the mammoth task of rebuilding infrastructure torn apart by floodwaters last week. Support our journalism.... “ We will work together to do everything we can to ensure that funds quickly reach those who have been left with nothing but the clothes on their backs.... Germany is also considering applying for E.U. assistance, Scholz said. Story continues below advertisement Th

“ financial brink ” as they face a multibillion-pound funding gap, a bombshell report warns.... This

NEW YORK, May 19( Xinhua)--The U.S. dollar fell broadly against its major rivals in late trading on

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KARACHI: Even after crossing the Rs200 mark, the US dollar did not stop moving ahead with gaining

NEW YORK, March 23( Xinhua)--The U.S. dollar appreciated in late trading on Wednesday amid weakness

The facility should reduce pressure on electricity supplies and help the UK reach net zero carbon emissions by 2050, a target that Prime Minister Boris Johnson has set.... The Government has now entered into discussions with American nuclear reactor manufacturer Westinghouse about a proposal to develop a new plant in Anglesey, Wales. The plant would be joining a second nuclear plant at Hinkley Point, Somerset, which is already under construction, as well as a proposal for a new reactor at Sizew

NEW YORK, June 3( Xinhua)--The U.S. dollar strengthened in late trading on Friday, following a

Mexico’s multibillion-dollar avocado industry....