Bank shares wobble after Credit Suisse buyout
Bank shares wavered in volatile trading on Monday after a UBS takeover of embattled Swiss rival Credit Suisse and actions by financial authorities aimed at calming investors fearing a broader crisis.
Read moreNorway's high court confirms its control of Arctic resources
Norway's highest court confirmed on Monday the Norwegian state's exclusive right to natural resources on the continental shelf around the strategically important Svalbard archipelago in the Arctic.
Read moreKuwait desert oil spill sparks 'state of emergency': company
The Kuwait Oil Company declared a "state of emergency" Monday over an oil spill on land, in an incident decried by environmental activists as a "recurring problem" in the energy-rich Gulf state.
Read moreUN 'survival guide' report a stark warning on climate
Devastating climate impacts are hitting faster than expected as the world teeters on reaching the 1.5 degree Celsius warming limit in a little over a decade, the UN said Monday.
Read moreViolent clashes as Kenya opposition stages protests
Kenyan riot police fired tear gas and water cannon against veteran opposition leader Raila Odinga's convoy on Monday, as clashes flared during protests against a severe cost-of-living crisis.
Read moreSomalia drought could lead to 135 deaths a day: UN study
The record drought sweeping the Horn of Africa may lead to 135 deaths a day in Somalia between January and June this year, the health ministry, WHO and UNICEF said in a study released Monday.
Read moreEU agrees 2-billion-euro ammunition plan for Ukraine
European Union foreign ministers agreed Monday on a two-billion-euro plan to raid their own arsenals and jointly purchase desperately needed artillery shells for Ukraine, diplomats said.
Read moreUN chief: rich nations must achieve net zero carbon quicker, by 2040
UN Secretary General Antonio Guterres called on wealthy countries Monday to move up their goals of achieving carbon neutrality as close as possible to 2040, mostly from 2050 now, in order to "defuse the climate time bomb."
Read moreTwo weeks of banking turbulence
After three US regional lenders collapsed and UBS swooped to buyout troubled Credit Suisse to avoid a wider crisis, AFP looks back at the last two weeks of banking turbulence:
Read moreBank shares slide despite Credit Suisse buyout
Global bank shares took another beating on Monday despite a UBS takeover of embattled Swiss rival Credit Suisse and actions by financial authorities aimed at calming investors fearing a broader crisis.
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