UBS reports second-quarter profit of $28.875 billion
ZURICH UBS Group on Thursday reported $28.875 billion in net profit attributable to shareholders for the second quarter,
2023-08-31 12:50
China Central Bank Meets With Private Firms, Pledges Funding
The People’s Bank of China met with lenders and private businesses on Wednesday, pledging to improve their access
2023-08-31 11:59
Country Garden: Debt crisis-hit China property giant in record loss
Country Garden reported a record $6.7bn loss for the first six months of the year.
2023-08-31 11:25
Salesforce Cost-Cutting Campaign Eases Concerns About Slowdown
Salesforce Inc. was pushed by activist investors earlier this year to boost profits. For the third quarter in
2023-08-31 06:52
Is India exporting food inflation to the world?
India is keeping domestic food prices in check with export bans - but what does this mean for the world?
2023-08-31 06:19
Is China's economy 'a ticking time bomb'?
The world's second largest economy faces deep-rooted challenges in the years ahead.
2023-08-31 05:55
Apple Tests Using 3D Printers to Make Devices in Major Manufacturing Shift
Apple Inc. is testing the use of 3D printers to produce the steel chassis used by some of
2023-08-31 01:47
SoftBank fund cuts stake in India's Zomato in $115-million deal
BENGALURU SoftBank Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a
2023-08-30 22:29
Key San Francisco Fed official who oversaw supervision of SVB will retire
Azher Abbasi, head of supervision at the Federal Reserve Bank of San Francisco — and a key official with direct oversight over failed Silicon Valley Bank — will retire at the end of October, the regional reserve bank announced this week.
2023-08-30 08:52
Amazon CEO tells employees to return to the office or their days may be numbered
Amazon CEO Andy Jassy has told employees to get on board with the company's return-to-office plan or to consider employment elsewhere, the company confirmed to CNN, after a report by Insider highlighted Jassy's remarks from a recent internal event.
2023-08-30 02:47
US job openings fall below 9 million for the first time since March 2021
The number of available jobs in the United States shrank for the third consecutive month, dropping below 9 million for the first time since early 2021, according to the latest data released Tuesday by the Bureau of Labor Statistics.
2023-08-29 22:29
Farmers Insurance to lay off 2,400 workers across its entire business
California-based Farmers Insurance said Monday it is laying off 11% of its workforce — or 2,400 employees — in a bid to restructure itself for long-term growth.
2023-08-29 20:51