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 22:45
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 08:16
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
Gloomy Spirit, Expedia reports drag travel stocks lower on demand slowdown fears
U.S. travel stocks fell in early trading on Thursday following downbeat quarterly reports from Spirit Airlines and Expedia
2023-08-03 23:46
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 17:48
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 08:45
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 04:27
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 23:48
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 13:17
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 14:45