Gap’s Better-Than-Expected Results Signal Cost Cuts Paying Off
Gap Inc. reported better-than-expected results in the first quarter, showing the retailer’s cost-cutting measures are sparking improved performance.
2023-05-26 17:24
UBS in discussion with Swiss government for a loss protection agreement from Credit Suisse buy
UBS Group AG has been in active discussions with the Swiss government and its representatives to agree to
2023-05-24 06:58
Credit Suisse managers' 2022 bonuses cancelled or cut by Swiss government
ZURICH Credit Suisse senior managers will have their outstanding bonus payments for 2022 either cancelled or reduced following
2023-05-24 01:26
Egypt Races to Solve Currency Dilemma in Hunt for Gulf, IMF Cash
What comes first, another currency devaluation or a wave of Gulf investment? Cash-strapped Egypt is racing to resolve
2023-05-23 15:20
U.S. FTC expands probe into pharmacy benefit managers
The U.S. Federal Trade Commission said on Wednesday it had sought information from two companies that negotiate drug
2023-05-18 04:24
Swiss parliament to investigate Credit Suisse collapse
ZURICH Credit Suisse's collapse and its takeover by UBS will be investigated by a parliamentary commission (PUK), the
2023-05-18 00:51
UBS says it was rushed into unwanted Credit Suisse rescue merger
By Kane Wu HONG KONG UBS Group AG was rushed into buying cross-town rival Credit Suisse Group AG
2023-05-17 13:53
Credit Suisse faces restrictions on business till deal closure
Credit Suisse Group AG faces certain restrictions in its ability to do business until its acquisition by rival
2023-05-17 08:28
Philippines May Retake Control of Grid Operator, Marcos Says
The Philippine government will take back control, if needed, of the company that runs the nation’s power transmission
2023-05-17 07:18
UBS sets aside $4 billion for potential lawsuits on Credit Suisse deal
(Reuters) -Swiss bank UBS Group AG has set aside $4 billion in provisions for potential litigation and regulatory issues stemming
2023-05-17 06:45
Egyptian Pound Devaluation Bets Ease as Citi Sees No Short-Term Move
Traders are pushing back expectations for a devaluation in the Egyptian pound, with Citigroup Inc. predicting that the
2023-05-11 15:56
Norway to Raise Oil Wealth Spending to Protect Welfare Services
Norway plans to raise spending of its $1.4 trillion sovereign wealth fund, citing the need to protect welfare
2023-05-11 14:55