Tuesday, Apr 16 2024 | Time 18:31 Hrs(IST)
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World


Swiss govt approves $118 Bln bailout plan to allow acquisition of Credit Suisse by UBS

Bern, Mar 29 (UNI) The Swiss government announced on Wednesday that it will provide urgent guarantee credits, amounting to 109 billion Swiss francs (
118 billion), for the Swiss National Bank (SNB) and UBS to take over Credit Suisse.
Earlier in the month, the Swiss National Bank announced the acquisition of Credit Suisse by UBS, adding that it could grant UBS a liquidity assistance loan with privileged creditor status in bankruptcy for a total of up to 100 billion Swiss francs (
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Australian police declare Sydney church stabbing terrorist attack

16 Apr 2024 | 4:37 PM

Sydney, April 16 (UNI) The recent stabbing in an Assyrian Orthodox church in Sydney has been declared a terrorist attack with possible religious motives, Commissioner of the Australian Federal Police Reece Kershaw said on Tuesday.

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Road accident kills one, injures 20 in Afghan

16 Apr 2024 | 3:20 PM

Kabul, Apr 16 (UNI) One commuter lost his life and 20 others sustained injuries as a minibus turned turtle in west Afghanistan's Badghis province on Tuesday, provincial government spokesman Qari Hanzala Jawandi said.

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Fire breaks out at US plant producing shells for Ukraine

16 Apr 2024 | 3:09 PM

Washington, April 16 (UNI) A fire has broken out at a military plant in the US city of Scranton, Pennsylvania, that has been producing munitions, including artillery and mortar shells, for supply to Ukraine, US media reported on Tuesday.

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Israel seeks temporary deal with Hamas to release hostages before renewed fighting

16 Apr 2024 | 2:25 PM

Jerusalem, Apr 16 (UNI) The Israeli authorities are seeking a temporary ceasefire deal with Palestinian movement Hamas to ensure the release of hostages before resuming fighting in the Gaza Strip, Hamas' political bureau member Izzat al-Risheq said.

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Tehran's response to Israel's countermeasures to be swift, comprehensive

16 Apr 2024 | 2:17 PM

Ankara, Apr 16 (UNI) Tehran does not seek escalation in the region, but Iran's response to countermeasures by Israel will be swift and comprehensive, Iranian Ambassador to Turkey Mohammad Hassan Habibollahzadeh said on Tuesday.

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