In a rare incident, Chennai Super Kings gained one spot in the points table of the Indian Premier League (IPL) 2026 despite losing a game to Sunrisers Hyderabad. Ahead of the match, CSK held the eighth position in the points table, and the result of the match saw them rise to number seven. The Ruturaj Gaikwad-led side suffered a 10-run defeat at the hands of SRH at the Rajiv Gandhi International Stadium, Hyderabad, on Saturday night. Ideally, a team would slip or stay in the same spot after suffering a loss, but an unusual incident took place with CSK. This is how it happened. Before the match, CSK held the eighth spot with four points and a net run rate (NRR) of -0.846. After the narrow defeat, CSK's NRR improved to -0.780. The change in NRR saw CSK replace Lucknow Super Giants at number seven. LSG too have four points to their credit. Their NRR of -0.804 is now poorer than that of CSK. Sri Lankan pacer Eshan Malinga's pinpoint yorkers found perfect support in unheralded ...
Several hundred Credit Suisse investment bankers will soon be fired as UBS begins to implement the merger of the two banks, the Swiss weekly HandelsZeitung said Friday.
UBS agreed to buy its rival in a hastily arranged 3-billion-franc ($3.5 billion) fire sale over a March weekend by Swiss authorities afraid that a weakened Credit Suisse would go bankrupt, with speculation rife since about the impact on jobs.
HandelsZeitung said that according to its sources UBS chief executive Sergio Ermotti wants to rapidly get to work on eliminating the huge amount of duplication in their operations.
"The transformation is beginning: in the coming days several hundred Credit Suisse bankers will receive termination notices," said the weekly.
It noted that the Swiss media have speculated about between 30,000 and 35,000 job cuts across the world.
At the end of last year, the two banks had around 120,000 employees between them across the world, including 37,000 in Switzerland.
UBS declined to comment when contacted by AFP.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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