Salesforce rallies as profitability push pays off
Salesforce rallied 5% on Thursday after its strong earnings report showed that cost cuts were working and demand
2023-08-31 18:45
India's Adani Group stung by fresh controversy
A new report has alleged that the conglomerate used "opaque" funds in Mauritius to manipulate stock prices.
2023-08-31 18:28
Factbox-Key figures for UBS, including Credit Suisse
(Reuters) -Following are some key figures from UBS's second-quarter report, its first earnings announcement since taking over rival Credit Suisse.
2023-08-31 18:28
Student loan interest resumes Friday and payments restart in October. Here's what borrowers should know
For the first time in more than three years, federal student loan borrowers will be required to pay their monthly student loan bills starting in October. The pandemic-related pause, which went into effect in March 2020, provided relief to nearly 44 million borrowers by freezing their accounts.
2023-08-31 18:16
Proxy adviser Ethos: UBS should have spun off CS' Swiss business
ZURICH (Reuters) -UBS should have spun off Credit Suisse's Swiss business, proxy adviser Ethos said on Thursday, after Switzerland's No.
2023-08-31 18:00
Hong Kong July retail sales up 16.5%, boosted by tourism revival
HONG KONG Hong Kong's July retail sales rose 16.5% from a year earlier in the eighth consecutive month
2023-08-31 17:48
After Credit Suisse takeover, UBS begins cost drive by axing 3,000 Swiss jobs
By Noele Illien and Oliver Hirt ZURICH (Reuters) -UBS Group embarked on a sweeping plan to cut more than $10
2023-08-31 17:21
UBS to cut 3,000 jobs after Credit Suisse takeover
The Swiss bank reports bumper profits following the rescue of its rival but staff face redundancies.
2023-08-31 17:16
Klarna Shrinks Losses With Sales Growth and Cost-Cutting
Klarna Bank AB’s losses narrowed in the first half of the year as its growing customer base continued
2023-08-31 16:53
Irish fuel duty and hospitality taxes to increase
The increases, which come into effect from midnight, follow a number of temporary reductions.
2023-08-31 16:51
Traders Are Bailing on the Euro as Talk of Stagflation Heats Up
Traders are abandoning the euro at pace as speculation grows the European Central Bank will struggle to tighten
2023-08-31 16:46
Seven & I Seals Deal to Sell Department Stores for $1.5 Billion
Seven & i Holdings Co. has finalized the sale of its Sogo & Seibu Co. department store chain
2023-08-31 15:53