Lucid misses revenue estimates as Tesla's price war hurts sales
Luxury electric vehicle maker Lucid Group missed estimates for quarterly revenue on Monday as it took a hit on sales
2023-08-08 04:18
UBS rejigs investment bank in bid to better compete with Wall Street
LONDON UBS announced an overhaul of its investment banking division on Monday, including naming the unit's M&A chiefs,
2023-08-07 22:47
SoftBank seen returning to profit as tech stocks gain
By Anton Bridge TOKYO Japan's SoftBank Group is likely to report a return to profit when it announces
2023-08-07 08:17
Exclusive-UBS nears major investment bank restructuring -sources
By Abigail Summerville, Milana Vinn and David Carnevali NEW YORK UBS Group AG is poised to make sweeping
2023-08-05 07:45
Rakuten Group developing services with OpenAI
TOKYO Japan's Rakuten Group is working with the company behind ChatGPT, OpenAI, to develop services using AI, CEO
2023-08-02 12:20
Citigroup lifts S&P 500's year-end target to 4,600
Citigroup raised its year-end target for the S&P 500 by 15% as it now sees a higher probability
2023-07-31 17:49
Listing of Ant Group is unlikely in the short term - state media
BEIJING A listing of Jack Ma-backed Ant Group is unlikely in the short term, state media reported on
2023-07-29 21:57
Macquarie flags lower profit on weak green energy income, shares slip
Australian investment bank Macquarie Group flagged a lower quarterly profit on Thursday, sending its shares over 4% lower
2023-07-27 08:56
SoftBank forms JV with Symbotic to build AI-powered warehouses, up its stake
By Zaheer Kachwala and Krystal Hu (Reuters) -SoftBank Group is forming a joint venture with warehouse automation company Symbotic to
2023-07-25 04:16
Fed fines UBS $268.5 million for Credit Suisse missteps with Archegos
WASHINGTON The U.S. Federal Reserve announced Monday it had fined UBS Group AG $268.5 million for Credit Suisse's
2023-07-24 23:49
CME Group to lay off 3% of its workforce, reallocate positions
CME Group, the world's largest derivatives exchange, eliminated about 100 positions, or 3% of its workforce, this week
2023-07-22 13:23
UBS says $100 million blended finance initiative receives new backers
ZURICH British and U.S. development finance organisations have agreed to be anchor investors in a new $100 million
2023-07-20 14:57