UBS looks to axe 30% of staff and keep Credit Suisse’s domestic business – source
By Oliver Hirt and Noele Illien (Reuters) – UBS is weighing cutting tens of thousands of jobs following its emergency…
BOJ’s Ueda: See good reason to shift policy if inflation re-accelerates into 2024
By Balazs Koranyi and Francesco Canepa SINTRA, Portugal (Reuters) -Bank of Japan (BOJ) Governor Kazuo Ueda on Wednesday said the…
Trafigura sued for $8.4 million by firm owned by tycoons Reuben Brothers
By Eric Onstad LONDON (Reuters) – Hyphen Trading Ltd, owned by property and metals tycoons the Reuben brothers, has demanded…
Czech lower house backs defence treaty with US in initial vote
PRAGUE (Reuters) – The lower house of the Czech parliament gave strong backing to a defence treaty with NATO ally…
‘Call of Duty’ maker to invest in Barcelona after EU approves Microsoft deal
By Paul Sandle LONDON (Reuters) -Activision Blizzard said its studio that developed “Call of Duty” would set up shop in…
Stellantis to end gearbox production at Vienna plant, 300 jobs impacted
PARIS (Reuters) -Stellantis has informed unions and local officials of its plans to end operations at its manual gearbox production…
Weight loss drug candidates multiply, spurring hopes of better outcomes, lower costs
(This June 27 story has been corrected to say that Versanis drug was licensed from Novartis in paragraph 19) By…
Cuba and Russian defense ministers discuss joint ‘technical military’ projects
HAVANA (Reuters) – The defense ministers of Cuba and Russia discussed the development of joint “technical military” projects this week…
FTX begins talks to relaunch international cryptocurrency exchange – WSJ
(Reuters) -Bankrupt FTX is moving ahead with efforts to revive its flagship international cryptocurrency exchange, the Wall Street Journal reported…
US goods trade deficit narrows; retail inventories rise
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. trade deficit in goods narrowed in May as imports fell, but the…