LAWYERS from Switzerland, the United States and UK are talking to a number of Credit Suisse Additional Tier 1 (AT1) bondholders about possible legal action after the state-backed rescue of Credit Suisse by UBS wiped out AT1 bonds, law firm Quinn Emanuel Urquhart & Sullivan said on Monday (Mar 20).
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China’s intense EV rivalry tests Thailand’s local production goals
Under a government incentive programme meant to boost electric vehicle production in Thailand, carmakers are exempt from import duties, but are obligated to match...