What to expect from Friday's jobs report: Steady, but slower, growth
Last month, the Bureau of Labor Statistics delivered a jobs report that only Baby Bear could offer: not too hot, not too cold, but just right.
2023-08-31 19:49
India's Adani Group stung by fresh controversy
A new report has alleged that the conglomerate used "opaque" funds in Mauritius to manipulate stock prices.
2023-08-31 18:29
Factbox-Key figures for UBS, including Credit Suisse
(Reuters) -Following are some key figures from UBS's second-quarter report, its first earnings announcement since taking over rival Credit Suisse.
2023-08-31 18:28
Report says close associates of India's Adani Group secretly purchased large numbers of shares
Two people closely linked to India’s Adani Group, one of the country’s largest conglomerates, secretly purchased of millions of dollars of stocks in the group’s companies, possibly violating Indian law, according to a report by a network of investigative journalists
2023-08-31 18:22
After Credit Suisse takeover, UBS begins cost drive by axing 3,000 Swiss jobs
By Noele Illien and Oliver Hirt ZURICH (Reuters) -UBS Group embarked on a sweeping plan to cut more than $10
2023-08-31 17:21
UBS to cut 3,000 jobs after Credit Suisse takeover
The Swiss bank reports bumper profits following the rescue of its rival but staff face redundancies.
2023-08-31 17:15
UBS to absorb Credit Suisse domestic unit, eyes 3,000 job cuts
Banking giant UBS said Thursday it plans to fully absorb Credit Suisse's century-old Swiss division and slash thousands of jobs across Switzerland, as it seeks...
2023-08-31 16:24
UBS Smashes Banking Record as It Absorbs Credit Suisse
UBS Group AG posted the biggest-ever quarterly profit for a bank in the second quarter as a result
2023-08-31 14:55
UBS reports huge 2Q profit skewed by Credit Suisse takeover, foresees $10B in cost cuts
Swiss bank UBS announced plans to save $10 billion in costs as it moves ahead with “full integration” of longtime rival Credit Suisse’s domestic operations, releasing its first earnings report since the government-orchestrated merger to help stave off a possible global financial meltdown
2023-08-31 14:46
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 14:25
Baidu leads public rollout of AI chatbots in China
Tech giant Baidu launched China's first public artificial intelligence chatbot on Thursday, with ERNIE trained to censor highly sensitive topics for the ruling Communist Party...
2023-08-31 13:59
China's Baidu makes AI chatbot Ernie Bot publicly available
Chinese search engine and artificial intelligence firm Baidu has made its ChatGPT-equivalent language model, Ernie Bot, fully available to the public
2023-08-31 13:46