News

Switzerland's central bank cut interest rates to zero as it hopes to rein in the rapidly appreciating franc, which has acted as a safe haven for investors given raised concerns over U.S. trade policy ...
Standard Bank Group stuck to its annual guidance after reporting a strong performance for the first five months of the year. The South African bank on Thursday reiterated that it expects banking ...
-- Barclays and Santander are potentially interested in buying Sabadell's U.K. unit TSB, Bloomberg reports, citing unnamed sources. -- Both banks are in early stages of exploring separate bids and ...
Investors were weighing concerns about inflation in the U.S. and a potential escalation in Middle East tensions. Fed Chair Jerome Powell is engaged in a balancing act: projecting confidence while ...
The company agreed to pay $138.75 million to resolve a class-action lawsuit that alleged the company concealed problems during the expansion of a giant copper mine in Mongolia. A new round of ...
Under the proposed changes, some of which have yet to go through parliament, UBS will be required to hold around $26 billion in additional equity capital and fully back its foreign subsidiaries by ...
The Fed's assessment indicates that the U.S. economy is in good shape, but President Trump's policies and their unintended consequences will contribute to market volatility in the second half of this ...
-- The maker of Absolut vodka has announced an internal project to create a more agile and simplified organization, Reuters reports adding that the company plans to implement the changes, including ...
SYDNEY--WiseTech Global plans to appoint one or more additional independent directors by the end of the year, continuing the board renewal sparked by the upheaval surrounding the logistics-software ...
South Korea's new left-leaning government under President Lee Jae-myung has proposed a nearly $11 billion extra budget for 2025 to support the sagging economy. If approved, it would be the second such ...
Vodafone group appointed Pilar Lopez as its chief financial officer, effective Oct. 1. The U.K.-based telecommunications group said Thursday that Lopez succeeds Luka Mucic, who will leave on Nov. 30 ...
A civil suit is a legal action Malaysian authorities can use to resolve noncriminal matters, often seeking injunctions or other remedies rather than criminal penalties. The commission, Malaysia's ...