UBS goes on hiring spree for wealth managers catering to rich Americans
(Reuters) – UBS has gone on a U.S. recruiting drive for wealth managers catering to rich Americans even as it…
World stocks rally, Nikkei closes at 33-year peak
(Reuters) – World stocks rose to a two-week peak on Monday, with Japan’s Nikkei closing at its highest level in…
Biden’s green hydrogen plan hits climate obstacle: Water shortage
(Reuters) – The Biden administration’s climate agenda is facing an unexpected challenge in drought-prone Corpus Christi, Texas, where a proposed…
Oil rallies on Saudi and Russian output cuts for August
(Reuters) – Oil rose on Monday after top exporters Saudi Arabia and Russia announced supply cuts for August, overshadowing concern…
Yen weak, dollar edges up as traders weigh Fed rate hike path
(Reuters) – The yen fell on Monday to near eight-month lows against the dollar with investors saying intervention was in…
Panasonic needs four more EV battery plants, executive says
(Reuters) -The battery arm of Japan’s Panasonic (OTC:PCRFY) will need to build four more factories to reach its target for…
Dow futures edge lower ahead of data-packed short week
U.S. stock futures are little changed Monday at the start of a holiday-shortened week, with investors looking forward to key…
JPMorgan cautious on equities ahead of Q2 earnings season
JPMorgan strategists reiterated their cautious stance on U.S. equities as they believe the market resilience is unlikely to last. The…
Tesla’s blistering rally continues after quarterly deliveries beat
(Reuters) – Tesla (NASDAQ:TSLA) shares jumped 6% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk’s plan…
Nasdaq futures rise before holiday as Tesla rallies
(Reuters) – Nasdaq 100 futures rose on Monday, with the tech-heavy index set to extend its rally to the second…