UBS Completes Credit Suisse Takeover to Create Swiss Bank Titan
UBS Group AG completed the deal to acquire former rival Credit Suisse Group AG, sealing the biggest merger
1970-01-01 08:00
China’s Covid-Positive Test Rate Jumped to 40% Last Month
China was walloped by a Covid-19 resurgence in May, with a positive test rate nearing the peak seen
1970-01-01 08:00
Hedge Fund Bond Bears Are Relentlessly Shorting Treasuries
Hedge funds extended their record selling streak of short-dated Treasuries amid bets the Federal Reserve’s fight with inflation
1970-01-01 08:00
UBS to Impose Risk Limits on CS With Deal Set to Close, FT Says
UBS Group AG will impose strict restrictions on bankers from Credit Suisse Group AG, including a ban on
1970-01-01 08:00
US Economy Remains ‘Very, Very Hot,’ Larry Summers Says
The US economy remains “very, very hot,” though not as much as it was six to 12 months
1970-01-01 08:00
AMLO’s Party to Announce Mexican Presidential Candidate Sept. 6
Mexican President Andres Manuel Lopez Obrador’s ruling Morena party will announce its candidate for the 2024 Mexican presidential
1970-01-01 08:00
Eisai, Biogen Clinch FDA Advisers’ Support for Alzheimer’s Drug
Eisai Co.’s Alzheimer’s disease drug developed with Biogen Inc. gained support from advisers to US regulators, paving the
1970-01-01 08:00
Taiwan Extends Two-Year Rise in US Chip Exports Despite Downturn
Taiwan’s exports of chips to the US rose for a 26th consecutive month in May, defying a downturn
1970-01-01 08:00
Hong Kong Economy to Grow Faster, Singapore to Slow, Survey Says
Hong Kong’s economy is expected to grow faster than previously forecast this year as consumer spending rebounds, while
1970-01-01 08:00
Oil Holds Losses Amid Demand Woes as Goldman Cuts Outlook Again
Oil held losses amid persistent concerns around the demand outlook as Goldman Sachs Group Inc. cut its price
1970-01-01 08:00
Sacked Odey’s Flagship Hedge Fund To Be Run by Co-Manager Neave
Crispin Odey’s main hedge fund will be run by his co-manager Freddie Neave following a decision by Odey
1970-01-01 08:00
NYC, East Coast Air Quality to Remain Hazy Until Rains Arrive
Clean air remains elusive on the US East Coast as smoke and haze from the worst Canadian wildfires
1970-01-01 08:00