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Investors hope for answers in Credit Suisse, UBS results
When Credit Suisse's unveils what are likely its final quarterly results Monday, investors will be seeking clues to the magnitude of the challenges awaiting UBS, after it was strongarmed into taking over its stricken rival. Monday's quarterly report will likely be Credit Suisse's last one, depending on how quickly the UBS deal closes, Vontobel analyst Andreas Venditti said in a research note.
Chinese EV dominance hastens end of petrol engine era
This year's Shanghai Auto Show signalled the end of the petrol engine era in China, as domestic electric vehicle brands drive change across the sector and leave foreign companies in the dust, analysts and industry insiders said. "I think this show marks the end of the internal combustion engine and the beginning of the EV era," he added.
Google stops work on big Silicon Valley campus: report
Google has paused construction of a massive campus in the Silicon Valley city of San Jose as it reins in costs, CNBC reported on Friday.
Twitter drops media tags in latest changes
Twitter has dropped "state-affiliated" and "government-funded" labels from media accounts after widespread complaints, according to a review Friday of many high-profile pages. On Friday many major media outlets from Western nations, Russia, China and other countries that had been tagged "state-affiliated" and "government-funded" no longer displayed the labels.
Ukrainian farmers worried as allies choke off export route
Petro Potapenko looks at the piles of grain on his farm and wonders if he will be able to export his production now that Ukraine's western neighbours have imposed import restrictions.
Eastern EU farmers fume over Ukraine grain influx
Angel Vukodinov fumes over the piles of unsold sunflower seeds in his granary in central Bulgaria. "The average price of Ukrainian sunflower seeds sold in Bulgaria last year was $690 per tonne.
London seeks to keep Europe fintech crown despite Brexit
From digital bank Revolut to money-transfer group Wise and payments company Checkout, London is Europe's fintech champion and intends on keeping its crown despite Brexit fallout and declining investments.
Canada pledges Can$13.2 bn subsidies for VW battery plant
Canadian Prime Minister Justin Trudeau announced Friday up to 13.2 billion Canadian dollars ($9.8 billion US) in subsidies over 10 years for Volkswagen's first overseas battery plant, to be built in St. Thomas, Ontario.
Top French hotel school rocked by abuse allegations
Restaurant apprentices at a top hotel management school in France are refusing to work until bosses crack down on alleged sexual harassment, homophobic comments and insults from teachers. But since March 27, around 60 third-year undergraduates in Paris have refused to work in its restaurant to protest the behaviour of certain teachers there.
AFP
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