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Credit Suisse banking on restructure revamp

The pressure is on for Switzerland's second-biggest bank
New Credit Suisse chief executive Ulrich Koerner, faced with trying to turn around the beleaguered bank following multiple scandals, is set to unveil his strategic road map on Thursday.
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The gathering in Prague is a brainchild of French President Emmanuel Macron

European 'community' meets in face of Russia's war

Leaders from Ukraine, Britain and Turkey joined their EU counterparts on Thursday for an inaugural summit of the "European Political Community" aimed at bringing the continent together in the face of Russia's aggression against Ukraine.
All eyes are on the release of US jobs figures, with analysts warning that an a reading above expectations could spark another sharp drop on markets

Stocks mostly retreat, pound drops

Equity markets mostly fell Thursday and the pound retreated once more against the dollar on lingering recession fears despite hopes that the US Federal Reserve will tame the pace of aggressive interest rate hikes.