UBS reports huge 2Q profit skewed by Credit Suisse takeover, foresees $10B in cost cuts
Swiss bank UBS announced plans to save $10 billion in costs as it moves ahead with “full integration” of longtime rival Credit Suisse’s domestic operations, releasing its first earnings report since the government-orchestrated merger to help stave off a possible global financial meltdown
2023-08-31 14:46
UBS Smashes Banking Record as It Absorbs Credit Suisse
UBS Group AG posted the biggest-ever quarterly profit for a bank in the second quarter as a result
2023-08-31 14:46
Fisker Releases Additional Details for Fisker Pear: Innovative and Affordable Crossover Will Set a New Standard for Auto Development and Design, Priced at $29,900 Before Incentives
LOS ANGELES--(BUSINESS WIRE)--Aug 31, 2023--
2023-08-31 14:27
New China Map Draws Another Rejection, This Time From Manila
The Philippines doesn’t recognize Beijing’s latest standard map showing its expansive South China Sea claims, joining opposition from
2023-08-31 14:24
Syngenta Group Reports H1 2023 Results
BASEL, Switzerland & SHANGHAI--(BUSINESS WIRE)--Aug 31, 2023--
2023-08-31 14:23
Japan budget demands hit record as BOJ tweaks raise borrowing costs -sources
By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO Japan's budget demands will hit a record, exceeding 112 trillion yen
2023-08-31 14:23
New World Hotels and Resorts Unveils Accelerated Expansion Plans
HONG KONG--(BUSINESS WIRE)--Aug 31, 2023--
2023-08-31 14:22
Visual artists fight back against AI companies for repurposing their work
Three visual artists are suing artificial intelligence image-generators to protect their copyrights and careers
2023-08-31 14:20
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 14:20
Australian gig workers to get right to negotiate minimum pay, conditions
By Lewis Jackson SYDNEY Australian gig workers will be able to negotiate for minimum pay and conditions under
2023-08-31 13:55
Japan's defense ministry requests nearly 12% budget increase to bolster military's strike capability
Japan's defense ministry is requesting a nearly 12% budget increase that includes two warships with advanced radar and long-range cruise missiles
2023-08-31 13:55
India Exempts Some Nations From Rice Curbs for Food Security
India has permitted some rice shipments to Mauritius, Bhutan and Singapore for food security purposes after the South
2023-08-31 13:52