UBS CEO says about 10% of Credit Suisse staff have left
By Noele Illien and John Revill ZURICH (Reuters) -UBS Chief Executive Sergio Ermotti said on Monday that around 10% of…
Economy
Brazil economists cut long-term inflation expectations, unchanged for months
BRASILIA/SAO PAULO (Reuters) – Brazilian economists have reduced their long-term inflation expectations, putting an end to months of unchanged projections…
Argentine political blocs share spoils in regional elections as libertarians lag
By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s main two political forces both secured victories in regional elections, results showed…
Explainer-Why is the Canadian economy strong despite record pace of rate hikes?
By Steve Scherer OTTAWA (Reuters) – Despite the fastest monetary tightening cycle in the country’s history, Canada’s economy is still…
Retail media ad revenue forecast to surpass TV by 2028
By James Davey LONDON (Reuters) – The value of global advertising revenue from retailer-owned e-commerce sites is growing so fast…
Glencore, automakers to back $1 billion nickel, copper SPAC deal in Brazil
LONDON (Reuters) – Global miner Glencore, Chrysler parent Stellantis and Volkswagen’s battery unit PowerCo have agreed to back a $1…
Analysis-EU pork on a lean streak as higher standards drive up costs
By Gus Trompiz PARIS (Reuters) – Record pig prices could have spurred farmers like Carole Joliff to expand their herd,…
In the Market: For firms, China policy semantics are not the point
By Paritosh Bansal (Reuters) -‘De-risk, not decouple’ are the new buzzwords for Western policy toward China, drawing skepticism from Beijing…
Morgan Stanley, JPMorgan turn bullish on emerging market local bonds
LONDON (Reuters) – Morgan Stanley has become the latest Wall Street bank to turn bullish on local emerging market bonds,…
UK PM Sunak pitches Britain as future home for AI regulation
LONDON (Reuters) -Prime Minister Rishi Sunak said on Monday Britain could be the global home of artificial intelligence regulation as…