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
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 11:15
China’s Solar Companies Face Margin Squeeze Despite Profit Jump
A factory boom in China that’s lowering the cost and boosting demand for solar panels is also squeezing
2023-08-31 09:50
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 06:28
Boeing to temporarily halt 787 production due to Hurricane Idalia
WASHINGTON Boeing will suspend operations at its two South Carolina facilities at 4 pm local time on Wednesday
2023-08-31 04:59
Gabon Junta Appoints Army Officer as Transitional President
Soldiers in Gabon appointed the head of the republican guard as the OPEC member state’s new leader, hours
2023-08-31 03:51
Fed can stop hiking rates if economy slows at current pace, Rosengren says
By Lisa Pauline Mattackal The Federal Reserve can end its interest rate hiking cycle if the labor market
2023-08-31 02:26
Eramet to Resume Manganese Mining in Gabon After Coup
Eramet SA will restart production at its manganese mining operations in Gabon on Thursday, ending a temporary halt
2023-08-31 01:57
NBCUniversal makes Mark Marshall permanent ad chief
NEW YORK NBCUniversal named Mark Marshall chairman of global advertising and partnerships Wednesday, making permanent a role he
2023-08-31 01:55
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 01:48
US pending home sales increase at fastest pace since January
By Safiyah Riddle Contracts to buy previously owned homes increased in July at the fastest pace since January,
2023-08-30 22:25
Rising labor costs are making AI stocks even more attractive
About 300 million full-time jobs across the globe could be lost (or greatly diminished) due to the recent boom in artificial intelligence, Goldman Sachs estimates.
2023-08-30 20:21