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☆ Ronaldo leads Portugal against South Korea after injury scare
▼ + stars: | 2022-12-02 | by ( ) www.reuters.com time to read: +2 min

Portugal, needing only a draw to be sure of top spot in Group H and mindful of the risk of yellow-card suspensions in the next round, have brought Diogo Dalot and Antonio Silva into the defence. Matheus Nunes, Vitinha and Joao Mario come into the midfield in place of Bernardo Silva, William Carvalho and Bruno Fernandes -- who scored twice in the 2-0 win over Uruguay -- while Ricardo Horta replaces Joao Felix up front. South Korea's Portuguese coach Paulo Bento left out central defender Kim Min-jae, who was an injury doubt, and replaced him with Kwon Kyung-won, while Lee Jae-sung and Lee Kang-in were drafted into midfield. The Koreans, with one point so far, must beat Portugal and hope the result of Ghana's match with Uruguay goes their way in order to reach the last 16. TeamsSouth Korea: Kim Seung-gyu, Kim Moon-hwan, Kwon Kyung-won, Kim Young-gwon, Kim Jin-su, Lee Jae-sung, Lee Kang-in, Jeong Woo-yeong, Hwang In-beom, Son Heung-min, Cho Gue-sungPortugal: Diogo Costa, Diogo Dalot, Pepe, Antonio Silva, Joao Cancelo, Matheus Nunes, Ruben Neves, Vitinha, Joao Mario, Cristiano Ronaldo, Ricardo HortaWriting by William Schomberg and Anita Kobylinska; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

☆ South Korea beat Portugal to squeeze into next round at World Cup
▼ + stars: | 2022-12-02 | by ( Anita Kobylinska | ) www.reuters.com time to read: +2 min

[1/8] Soccer Football - FIFA World Cup Qatar 2022 - Group H - South Korea v Portugal - Education City Stadium, Al Rayyan, Qatar - December 2, 2022 South Korea players celebrate after the match as South Korea qualify for the knockout stages REUTERS/Wolfgang RattayAL RAYYAN, Qatar, Dec 2 (Reuters) - South Korea scored a last-gasp goal to beat already-qualified Portugal 2-1 at the World Cup in a comeback win that sent the Asian side into the last 16 ahead of Uruguay on goals scored. South Korea had to beat Portugal at the Education City Stadium to stand a chance of going through to the last 16 and their win catapulted them from fourth to second place by virtue of having scored four goals in the tournament to Uruguay's two. Portugal finished top despite the loss and should avoid facing likely Group G winners Brazil in the knockout stage. However, they did manage to equalise 10 minutes later through defender Kim Young-gwon who scored after the ball bounced off Cristiano Ronaldo's back following a corner. Writing by William Schomberg and Anita Kobylinska; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

☆ Analysis: Relentless Son drives South Korea into last 16
▼ + stars: | 2022-12-02 | by ( Martyn Herman | ) www.reuters.com time to read: +3 min

AL RAYYAN, Qatar, Dec 2 (Reuters) - South Korea talisman Son Heung-min is still without a goal at this World Cup but he ran himself into the ground on Friday to ensure his team reached the last 16 in dramatic fashion. The Asian side simply refused to accept that their World Cup dream was over and it was captain Son who epitomised the Koreans' relentless energy with a selfless display. From a Portugal corner, the ball was cleared and suddenly captain Son found himself in acres of space on the lush turf. That saw South Korea jump from bottom of the group to second, above Uruguay who beat Ghana 2-0 but were left in third place by virtue of scoring fewer goals than South Korea. But Son led by example, summoning the spirit of 2002 when South Korea reached the semi-finals on home soil, having also beaten Portugal to get out of the group.

☆ For East Timor president, ASEAN membership a lifelong dream
▼ + stars: | 2022-11-12 | by ( Kate Lamb | ) www.reuters.com time to read: +3 min

At the time, East Timor was ruled by Portugal, although it was clear that Lisbon would soon relinquish its colony. East Timor was later annexed by Indonesia and gained full independence only in 2002. At a summit in the Cambodian capital Phnom Penh this week, ASEAN said East Timor would be granted observer status at high-level meetings of the bloc as it formulates a "roadmap for full membership". He served as the country's first foreign minister, prime minister from 2006 to 2007, and president from 2007 to 2012, during which time he survived an assassination attempt by rebel soldiers. East Timor celebrated 20 years of independence this year, but the country of 1.3 million people is heavily dependent on dwindling reserves of oil and gas.

☆ The evolution of Credit Suisse over 166 years
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: +4 min

1990The group takes a controlling stake in U.S. investment bank CS First Boston and buys Bank Leu, a Swiss private bank. 1997A reorganisation turns CS Holding into Credit Suisse Group and drops the SKA name; it also buys insurer Winterthur, a strategic partner. 2002A reorganisation creates two units: Credit Suisse Financial Services and Credit Suisse First Boston; two years later it splits into three units by adding Winterthur. 2005Credit Suisse and CSFB merge and stop using the Credit Suisse First Boston brand name. In March, U.S. investment fund Archegos implodes, saddling Credit Suisse with a $5.5 billion loss.

☆ Factbox: Who's in and out in Credit Suisse's day of reckoning
▼ + stars: | 2022-10-27 | by ( Pamela Barbaglia | ) www.reuters.com time to read: +5 min

Oct 27 (Reuters) - Credit Suisse's (CSGN.S) latest shake-up has led to the promotion of some senior executives to more powerful roles while others are leaving. IN:MICHAEL KLEINA former Citigroup Inc (C.N) dealmaker, Klein has been named adviser to Credit Suisse CEO Ulrich Körner. He was hired by former Credit Suisse boss Tidjane Thiam in 2017 to run equity derivatives globally. A Spanish national, Lopez Lorenzo joined Credit Suisse in 2015 from JPMorgan (JPM.N) where he was a managing director in New York. The 47-year-old banker was part of a new crop of executives who had been tasked to restore Credit Suisse's reputation after a series of scandals.

☆ Explainer: Credit Suisse in spotlight ahead of strategy shift
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +5 min

WHY IS CREDIT SUISSE IN THE SPOTLIGHT? A spying scandal forced then-CEO Tidjane Thiam to quit in 2020, and Switzerland's financial regulator said Credit Suisse had misled it about the scale of its surveillance. His successor Thomas Gottstein lasted until July 2022, when Credit Suisse turned to restructuring expert Ulrich Koerner as CEO and launched a second strategic review within a year. Credit Suisse is looking to sell the Savoy Hotel in central Zurich, which could be worth 400 million Swiss francs. Since its foundation in 1856, Credit Suisse has played a central role in the history and development of Switzerland.

☆ António Horta-Osório Adds Cerberus Role to Post-Credit Suisse Portfolio
▼ + stars: | 2022-09-27 | by ( Margot Patrick | ) www.wsj.com time to read: 1 min

António Horta-Osório had to resign from Credit Suisse following a board investigation into his travel and personal conduct. Former Credit Suisse Chairman António Horta-Osório has joined Cerberus Capital Management LP as a senior adviser in Europe, adding to a set of new roles since his sudden departure from the Swiss bank in January. His job will be to help the U.S. private-equity firm with deals in Europe’s financial sector, drawing on his relationships from decades in banking, people familiar with the matter said. The appointment came about because he knew some of Cerberus’s top executives from other assignments, one of the people said.

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