- Reuters
UBS begins major share buy-back programme
UBS has begun a share buyback program announced earlier this year, and repurchased 44.8 million Swiss francs ($50.21 million) worth of shares last week, the Swiss bank said on Monday. Share buybacks and dividends are seen by analysts as a reason why investors are putting their money into UBS stock since its takeover of longtime rival Credit Suisse last year.
- The Telegraph
Olympic athletes ‘could die of overheating’ at Paris Games
Athletes could be killed competing at this summer’s Olympics due to extreme heat caused by global warming, an alarming new report has warned.
- Associated Press
The Danish king inaugurates the first element of a road-and-rail tunnel linking Denmark to Germany
Danish King Frederik X inaugurated Monday the first element of a future 18-kilometer (11-mile) rail-and-road tunnel under the Baltic Sea that will link southern Denmark to northern Germany and contribute to the transport sector's green transition. The Fehmarn link which is expected to open in 2029, will also cut travel from the present 45-minute ferry crossing from Roedby on the Danish side to Puttgarten in Germany and connect by road and rail to central Europe and the Nordic countries. Frederik unveiled a plaque at the entrance of the first 217-meter (237 yards) section of the tunnel, which will be submerged into a seabed trench on the Danish side later this year.
