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Business 01 Dec 2020 | 7:00 AM

Credit Suisse commercial property fund to liquidate

ZURICH: A Credit Suisse Group global property fund will wind down against the backdrop of low trading volume and a discount of more than 20% to underlying assets due to market corrections triggered by the Covid-19 pandemic, the Swiss bank said.

Economy 10 Aug 2020 | 7:00 AM

Pandemic puts Europeans on path to debt crisis

BRUSSELS: More economic upheaval is on the horizon in Europe as plans to end the unprecedented support for workers during the coronavirus pandemic threaten to tip millions of households into a debt trap