UBS to take in Credit Suisse CEO as merger closes in 2 weeks
UBS says it’s bringing the CEO of Credit Suisse on to its executive board and will keep the two banks operating separately “for the foreseeable future” as it moves forward with a high-profile merger expected to close within two weeks
2023-05-09 14:25
Iveco Group, Nikola reshuffle Joint Venture on electric, hybrid trucks
MILAN Italy's Iveco Group has agreed to buy the full ownership of its joint venture with U.S. start-up
2023-05-09 14:21
Stock market today: Asia shares trade mixed ahead of reports
Asian shares are trading mixed as investors take a wait-and-see view on the week ahead that’s full of reports on some of the market’s biggest worries, including stubbornly high inflation across the economy
2023-05-09 14:18
China Halts 50 Million Tons of Coal Output After Deadly Accident
China halted operations at 32 coal production locations in Inner Mongolia after a deadly accident in February triggered
2023-05-09 13:56
Amundi Says China Wealth Business Is Rebounding From Setbacks
Amundi SA’s onshore Chinese wealth management business is improving “significantly” this year after facing very challenging conditions in
2023-05-09 13:54
China Orders Canadian Diplomat to Leave By May 13
China has ordered a Canadian diplomat to leave the country, in a tit-for-tat move hours after Prime Minister
2023-05-09 13:54
Erdogan Challenger Vows to Probe Turkey Bourse, Economy Data
Turkey’s main opposition leader has accused President Recep Tayyip Erdogan’s government of covering up the true state of
2023-05-09 13:48
Saudi Aramco to Boost Dividend With Performance-Based Payout
Saudi Aramco said it will introduce performance-linked dividends that will be paid out in addition to its base
2023-05-09 13:48
UBS Reshuffles Leadership Team After Credit Suisse Deal
UBS Group AG will replace its chief financial officer as part of a broader overhaul of its top
2023-05-09 13:26
China's April iron ore imports up 5% y/y at 90.4 million tonnes
BEIJING China's imports of iron ore rose 5.1% in April from the same period the previous year, customs
2023-05-09 13:25
Biggest African Bank Cites Energy Needs in Fossil Fuel Defense
Standard Bank Group Ltd., Africa’s biggest lender by assets, defended it’s investment in fossil-fuel projects, saying tthe continent’s
2023-05-09 13:25
Bank of China’s 22% Stock Surge Prompts Unusual Trading Question
Chinese speculators have a new obsession: stocks of the nation’s state-owned enterprises. A rally in government-controlled banks is
2023-05-09 13:21