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UBS targets cost cuts of $10 billion as it absorbs Credit Suisse
UBS targets cost cuts of $10 billion as it absorbs Credit Suisse
UBS said Thursday that it expected to generate $10 billion in savings from a sweeping overhaul of the new global banking giant created by its emergency rescue of stricken rival Credit Suisse earlier this year.
2023-08-31 14:25
Orange juice prices hit all-time high amid bleak production outlook
Orange juice prices hit all-time high amid bleak production outlook
By Marcelo Teixeira NEW YORK Prices for orange juice rose on Tuesday to the highest since future contracts
2023-11-01 02:18
Hedge funds short US financial stocks at near record levels -Goldman Sachs
Hedge funds short US financial stocks at near record levels -Goldman Sachs
By Carolina Mandl NEW YORK Global hedge funds built bearish positions this week to the highest level in
2023-11-11 06:51
Qantas Rebuts Claims of Bogus Ticket Sales on Canceled Flights
Qantas Rebuts Claims of Bogus Ticket Sales on Canceled Flights
Qantas Airways Ltd. rebutted allegations by Australia’s competition regulator that the airline misled passengers by continuing to sell
2023-10-30 08:56
US consumer sentiment drops to six-month low in May
US consumer sentiment drops to six-month low in May
WASHINGTON U.S. consumer sentiment slumped to a six-month low in May as a standoff to raise the federal
2023-05-12 22:49
It's not only NY, LA, San Francisco. Retail crime has hit a bustling Kansas metropolis
It's not only NY, LA, San Francisco. Retail crime has hit a bustling Kansas metropolis
A local Victoria's Secret lost $30,000 a month to theft, authorities say. The Cabela's has reportedly lost more merchandise than any other in the nation. They're not in San Francisco, Chicago or New York, the way some might assume. They're in Wichita, Kansas.
2023-07-02 23:56
Whoosh! Global equity funds see biggest weekly outflows in 12 weeks
Whoosh! Global equity funds see biggest weekly outflows in 12 weeks
Global equity funds posted outflows for the eighth consecutive week in the seven days leading up to June
2023-06-09 18:53
Bank of Montreal's quarterly profit falls on higher bad loan provisions
Bank of Montreal's quarterly profit falls on higher bad loan provisions
Bank of Montreal on Tuesday reported a decline in third-quarter profit as the Canadian lender set aside more
2023-08-29 17:56
Toshiba to Go Private as $13.5 Billion Buyout Offer Succeeds
Toshiba to Go Private as $13.5 Billion Buyout Offer Succeeds
Private equity fund Japan Industrial Partners Inc.’s successful tender offer for Toshiba Corp. paves the way for a
2023-09-21 12:59
Major firms warn EU over AI regulation risks
Major firms warn EU over AI regulation risks
More than 150 leading companies warned the EU's plans to regulate artificial intelligence risk harming Europe's competitiveness and do not go far enough to tackle challenges, in...
2023-06-30 22:15
Marketmind: China trade data disappoints, again
Marketmind: China trade data disappoints, again
A look at the day ahead in U.S. and global markets by Alun John. U.S. equity markets saw their first
2023-08-08 18:23
Discounts drew crowds but Black Friday week sales gain softest in years -report
Discounts drew crowds but Black Friday week sales gain softest in years -report
By Amina Niasse NEW YORK U.S. in-store retail sales swelled last week by the most since December courtesy
2023-11-29 01:25