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Behind Kohli's Perth Tactic, England Great's Justification: "Had To Do..."

Former England captain Michael Vaughan has defended star India batter Virat Kohli after his flop show with the bat in the 1st innings of the Perth Test against Australia. Kohli managed just five runs before fending off a climbing Josh Hazlewood delivery to Usman Khawaja at slip. His 12-ball stay in the middle extended his lean patch with the bat, having managed just 93 runs in the recent home series loss to New Zealand. The former India captain hasn't scored a century since the West Indies tour last year. Vaughan, however, refused to rule Kohli out just yet despite his failure in the 1st innings in Perth. He suggested it's too early to judge Kohli, highlighting how the excessive seam movement made life difficult for most batters. "It is too hard to judge him. Coming out of the crease in Perth when the ball is bouncing is a tactic not many try to pull off and he went for that. It bounced and he found the outside edge. But I think that now we have seen Australia (bat),
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Several Hundred Credit Suisse Bankers To Get Termination Notices: Report

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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