the parliamentary report said credit suisse lost $37 billion in the years ahead of the collapse, whilemance bonuses of over $41; billion. the workers' union representing more than 10,000 starbucks baristas said its members will strike today in los angeles, chicago and seattle. workers united represents employees at 525 starbucks cafes across the united states. the union said strikes may escalate in the run—up to christmas unless a collective bargaining agreement can be reached with the starbucks h0. us egg prices have hit an all—time high, after millions of hens were impacted by an accelerating outbreak of bird flu. prices for a pack of 12 eggs now average around five—and a half dollars, which is 150 percent higher than a year ago. prices are even harder to stomach in california, where the average price for a dozen eggs is over $8. that's it for business today, we ll be back in the new year. thank you for watching and we look forward to seeing you in 2025. goodbye. hello from the bbc sport centre. we start with the english champions manchester city and yet another injury problem for pe

let's start with swiss banking the report highlighting here there were clear mismanagement within credit suisseuess we already knew that what does this mean going forward because as we heard ubs still very much concerned about what that's going to mean in terms of new capital requirements for themselves. >> yeah. i think capital requirements remain an important issue across banking globally you see with the final basel iv and the tussle going on in the u.s. capital levels are always an area of contention in the banking industry they have improved since the financial crisis, but i think also what one saw with credit suisse was capital levels just alone are not going to necessarily solve the problems and prevent failures such as that one clearly, there was mismanagement. the regulators play a role and deciding how you deal with failing large systemic bank is still a challenge for the banking systems. >> if you think about the new year, however, how is this likely to have an impact on ubs itself because obviously we're still waiting for this detail to be finalized, but is there a risk here that ub

a formal inquiry into the fall of the banking giant credit suisse last year has blamed complacency andon dollars in the 12 years leading up to its collapse, while bank bosses were paid more than 44 billion in bonuses in the same time period. the report found no evidence of misconduct by switzerland's financial regulator, but said it did not have the powers to intervene quick enough. now, boxing fans don't need me to tell them about tomorrow's big fight. it's the showdown that they've all wanted since 0leksander usyk fought tyson fury in what they called the ring of fire back in may. to give you a flavour of this grudge rematch, have a look at this. this was the face—off after yesterday's news conference. 11 minutes 20 seconds, it was incredible, neither boxer speaking or looking away. we're going to leave those pictures there as i talk to tom gray the deputy editor at sporting news as we look ahead to what's likely to be an epic encounter. great to have you on the programme. that stare off between the two, is that height or real beef?— or real beef? well, it's real, but what _ or real

that took down credit suisse. it is not unique to crypto.re financial companies and they require very clear guidelines on operations, on people management and on funds. what we are going to get from this administration is exactly what that needs to look like in the united states. you can copy and paste that into these companies. with that clear guideline, that's the issue. since we don't have the clear guidelines, we don't know how and where to operate and that creates more confusion. even with less regulation, as long as the guidelines are very clear, we can operate within those and hire the right people. whether it is for compliance or back-and-forth operations and continuing forward. tim: what volume can you see? aya: volumes have spiked tremendously. yields are spiking. clients are getting yields over 5% on bitcoin. on basis, we are seeing 11% for majors. 25% for altcoins. even lending rates for stablecoins, the sub will -- seven day average is 16%. we are excited to continue to see that. tim: always good to see you. thank you for stoppi

. >>> sergio ermotti warned against regulation overhaul following the lender's takeover the credit suissed a swiss magazine that the company can't afford to introduce rules that don't apply to other countries and tougher regulations could harm the swiss competition. >>> chinese toy maker bloks group is looking for $188 million in an ipo. the toy maker will sell 22 million shares. >>> the wildest, i don't know where this read is going. the wildest dreams of taylor swift fans in the uk were realized, kay, when the global pop star returned for a string of sold out shows this summer which i missed which i'm in a lot of trouble with my daughters of nearly 1.2 million fans attending the eras tour in the uk alone this year. forget about the rest of the world. the swift concerts are generating 1 billion pounds for the country's economy. yes, i know what's coming. someone has done a package on this. there are also concerns that the shows and impact on prices of hotels, food, drinks and other services drove uk inflation higher. of course. the biggest taylor swift fan at cnbc, dan murphy, looked at

let's turn to credit suisse.l of the banking giant credit suisse last year has blamed complacency and greed by its managers for the bank's failure. the parliamentary report showed the bank lost $37 billion dollars in the 12 years leading up to its collapse, while bank bosses were paid more than 44 billion in bonuses in the same period. the report found no evidence of misconduct by switzerland's financial regulator, but said it did not have the powers to intervene quick enough. let's get more on this, we can talk to susannah streeter, head of money and markets at hargreaves lansdown. welcome back to the programme. pretty devastating these findings. pretty devastating these findin . s. , pretty devastating these findinus. , . , pretty devastating these findinus. , ., findings. yes, a very damning re ort. findings. yes, a very damning report- it _ findings. yes, a very damning report. it runs _ findings. yes, a very damning report. it runs at _ findings. yes, a very damning report. it runs at 569 - findings. yes, a