Swiss bank faces shareholder wrath

The boss of Credit Suisse has said he is ‘truly sorry’ about the collapse of the 167-year-old firm Credit Suisse Chairman Axel Lehmann apologized to shareholders on Tuesday for failing to contain the crisis which led to the lender’s downfall. The ailing Swiss banking giant was taken over by rival UBS last month.

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Civilians killed in Israeli strikes – media

The casualties were reported just one day after Damascus said five soldiers were wounded in another attack Two civilians were killed in an Israeli air raid targeting Syria’s capital, state media reported, noting that missiles also struck the country’s southern region. The assault came amid a flurry of similar strikes in recent days, which left…

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US House speaker to meet with Taiwan’s leader

Beijing condemned the upcoming sit-down as a “disastrous” mistake and vowed to retaliate US House Speaker Kevin McCarthy will meet with Taiwanese leader Tsai Ing-wen in California later this week, his office said in a statement. China has repeatedly urged against the sit-down, saying it would take tough countermeasures in response.

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