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Sergio Ermotti: George Clooney of Swiss banking tasked with mega-merger
Sergio Ermotti returned as chief executive of UBS to mastermind the merger with Credit Suisse -- an onerous task which begins in earnest on Monday after the takeover was finalised. In 2021, he became the chairman of the reinsurance giant Swiss Re. But when Kelleher sounded him out about returning to UBS to integrate Credit Suisse, Ermotti said he felt the "call of duty" to return. noo/rjm/nl/lth
From property to TV, Berlusconi the entrepreneur
Silvio Berlusconi's career may have been dogged by scandal but he showed genuine innovation in building his real estate and media empires -- even if the late billionaire missed out on the digital revolution. - Visionary urban planner - Their support also smoothed the path of Berlusconi's real estate career, notably his large residential developments on the outskirts of Milan, northern Italy.
Homework will 'never be the same' says ChatGPT founder
Artificial intelligence tools will revolutionise education like calculators did, but will not supplant learning, ChatGPT's founder Sam Altman told students in Tokyo on Monday, defending the new technology. "We have a new tool in education.
First post-Covid jab claims land in German courts
German courts will from Monday begin examining a series of claims over adverse effects suffered after coronavirus vaccinations, more than two years after one of the world's fastest and most extensive innoculation campaigns.
UBS set for 'bumpy' integration of Credit Suisse
UBS is poised to complete on Monday its takeover of Credit Suisse, but integrating the former rival is a Herculean task that clients, employees and Swiss political leaders will closely watch. The country's leading bank UBS was forced into a marriage to prevent its rival from going under, but it hasn't waited for Monday to start preparing to absorb Credit Suisse.
Asian traders tread cautiously ahead of Fed rate decision
Asian investors traded cautiously Monday as they awaited key US inflation data and the Federal Reserve's interest rate decision later this week. The decision comes a day after the release of consumer price inflation data, which could play a major role in officials' thinking.
Can you trust your ears? AI voice scams rattle US
The voice on the phone seemed frighteningly real -- an American mother heard her daughter sobbing before a man took over and demanded a ransom. "Help me, mom, please help me," Jennifer DeStefano, an Arizona-based mother, heard a voice saying on the other end of the line.
Vehicle fire causes major US highway collapse
A fire caused an overpass on one of America's busiest highways to collapse early Sunday in Philadelphia, authorities said, as reports attributed the cause to a truck that burst into flames under the bridge. City authorities issued a series of alerts on Twitter about a tanker truck fire on the highway, which local media reported caught fire underneath the bridge, apparently causing the collapse.
Storm at Baltic beauty spot over Germany's gas plans
Melanie Schmid grows walnuts and keeps sheep at her organic farm by the cliff's edge above the port of Mukran on the German island of Ruegen in the Baltic Sea. "Are there not other locations on the Baltic coast or the North Sea that would have less of an impact on nature, on people, on tourism as the island of Ruegen?"
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