Several listed subsidiaries of the Adani empire, which spans coal, airports, cement and media, collapsed in early trade, with some losing as much as 20%
business1 day ago
Credit Suisse shares plunged by nearly nine percent on Monday to hit a new historic low, as the repercussions of the collapse of failed US lender SVB shook the markets.
At 10:16am (0916 GMT), shares in Switzerland's second biggest bank dropped by 8.85 percent to 2.275 Swiss francs, with Credit Suisse having lost 81 percent of its value since it was rocked by the bankruptcy of the British financial firm Greensill in March 2021 -- the first of a series of scandals that have shaken the Zurich-based lender.
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