Tag: Western Europe

  • UBS buys Credit Suisse to end the banking crisis

    London CNN — Switzerland’s largest bank, UBS, has agreed to buy its ailing rival Credit Suisse in an emergency bailout deal to defuse financial market panic sparked by the failure of two US banks earlier this month. “UBS today announced the acquisition of Credit Suisse,” the Swiss National Bank said in a statement. It said […]

  • In Liverpool, plans for a ‘mega project’ for tidal energy are taking shape

    The River Mersey and the City of Liverpool. Ingus Kruklitis / Eyeem | Eye | Getty Images The iconic River Mersey could soon play a major role in the UK’s sustainable future. Authorities in Liverpool want the river to be home to a massive tidal energy project that they say could power as many as […]