Swiss government says it has reached agreement with UBS on loss guarantees
ZURICH (Reuters) – The Swiss government has signed an agreement with UBS to cover up to 9 billion Swiss francs…
Business
AstraZeneca signs $2 billion agreement with Quell to develop cell therapies
(Reuters) – AstraZeneca said on Friday it had signed an agreement with Quell Therapeutics potentially worth more than $2 billion…
Fourth pension fund freezes work with PwC Australia over gov’t tax plan leak
By Lewis Jackson SYDNEY (Reuters) -Australia’s third-largest pension fund on Friday put on hold new work with PricewaterhouseCoopers (PwC) Australia,…
Aussie Big Four banks hike home loan rates to match central bank move
(Reuters) – All of Australia’s “Big Four” banks on Friday passed on the Reserve Bank of Australia’s (RBA) latest rate…
Odey Asset Management tells investors ‘confident’ banks will continue to work with fund – letter
By Nell Mackenzie LONDON (Reuters) – Odey Asset Management “does not recognise the picture of the firm that has been…
China mutual fund sales dry up amid market gloom
By Summer Zhen and Samuel Shen HONG KONG (Reuters) – Money managers in China are struggling to lure retail investors,…
Ex-minister urges Beijing to lead in setting global EV battery standards
BEIJING/SHANGHAI (Reuters) – China should standardise requirements for electric vehicle (EV) batteries in order to keep its edge over other…
Dassault Systemes targets doubling of earnings per share by 2028, announces new CEO
(Reuters) -French software provider Dassault Systemes on Friday forecast a doubling of its earnings per share (EPS) by 2028, and…
How US stocks rose 20% from their lows, and where they might be going
By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S. stocks have defied fears of a recession, a banking crisis and…
Kim Kardashian seeks secret of private equity success as rising rates bite
By Emma-Victoria Farr BERLIN (Reuters) -Reality star Kim Kardashian’s arrival at a gathering of the globe’s top deal brokers in…