Larry Ellison to Guarantee $40B for Paramount-Warner Bros. Deal
Larry Ellison plans to support Paramount's bid for Warner Bros. with a $40 billion guarantee, indicating a significant financial backing for the acquisition effort.
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Jon Jones Retires Amid New Criminal Charges and UFC Changes
Jon Jones's retirement has sparked controversy after Dana White's failed guarantee that Jones would fight Tom Aspinall, leading to criticism of White and calls for his own retirement from some fans.
PM Vows to Take Action Against Scamsters and Settle Their Accounts
Prime Minister Narendra Modi took a dig at the opposition's election guarantees, stating that their guarantee is of corruption and scams worth lakhs of crores. He assured the country that action will be taken against scamsters and their accounts will be settled, emphasizing that those who have looted the poor and the country will face consequences.
UBS takeover of Credit Suisse set to close amid CEO memo and loss-sharing deal.
Credit Suisse CEO Ulrich Koerner has indicated in an internal memo that the emergency takeover of the bank by UBS will close on Monday, according to Bloomberg News. The Swiss government has agreed to guarantee up to CHF 9bn ($9.96bn) of losses UBS may incur from the sale of Credit Suisse's assets beyond the CHF 5bn the lender is due to cover itself.