UBS Group AG has rehired Sergio Ermotti as CEO to steer its massive takeover of neighbour Credit Suisse - a surprise move that seeks to take advantage of his experience in rebuilding the bank after the global financial crisis.
- WorldRussian forces making no headway in Bakhmut, Avdiivka, Ukraine says
Russian forces are relentless in their attempts to capture the bombed-out eastern Ukrainian towns of Bakhmut and Avdiivka but were not making progress, Ukraine's military said on Wednesday, but a pro-Moscow official said the Russians are advancing.
- TechnologyAlibaba's breakup lifts hopes China's regulatory winter is thawing
Shares of Jack Ma-founded company soar.
- WorldNashville school shooter had 'emotional disorder' and small arsenal, police say
The former student of a Christian grade school in Nashville who killed three 9-year-olds and three adults was under a doctor's care for an "emotional disorder" and had amassed a collection of guns.
