Switzerland’s Social Democrats propose shrinking UBS – Aargauer Zeitung
(Reuters) – Switzerland’s Social Democratic Party has drawn up a proposal to shrink UBS assets after its takeover of Credit…
Binance names Teng as head of regional markets outside US
(Reuters) – Binance has appointed Richard Teng to head its regional markets outside the United States, at a time when…
In the Market: Amid the calm, the Fed brews the next storm
(Reuters) – Having navigated the financial crisis of 2008, Neel Kashkari worries about systemic risks. But now, as a U.S.…
Musk expected to visit China this week, meet officials – sources
(Reuters) – Tesla (NASDAQ:TSLA) Chief Executive Elon Musk is expected to visit China this week, three people with knowledge of…
Nvidia to build Israeli supercomputer as AI demand soars
(Reuters) – Nvidia (NASDAQ:NVDA) Corp said on Monday it was building Israel’s most powerful artificial intelligence (AI) supercomputer to meet…
Euro Gains Momentum on Day Off for US Markets, Ticks Up Near $1.0750
Euro bulls are still to snap the dollar’s crushing streak despite mixed signals from the US economy. The EUR/USD pair…
Gold Shows No Reaction to Debt Ceiling Deal, Prices Float Near $1,945
The yellow metal was in theory supposed to act as a safe haven closely tracking the debt limit talk. What…
Oil slips as economic jitters offset U.S. debt deal
(Reuters) – Oil prices slipped on Monday as economic worries over further interest rate hikes trumped a tentative debt ceiling…
Turkish lira hits record low, stocks gain after Erdogan secures re-election
(Reuters) – Turkey’s lira hit fresh record lows against the dollar on Monday, though stocks rallied, after President Tayyip Erdogan…
PwC Australia puts nine partners on leave, overhauls board amid tax leak scandal
(Reuters) – PricewaterhouseCoopers (PwC) Australia on Monday ordered nine partners to take leave and overhauled its governance board, as it…