Sony in $760 million Olympus stake sale after investor Loeb’s prodding
Sony Corp is selling its 5% stake in Olympus Corp back to the Japanese medical equipment maker for 80.4 billion yen ($762.88 million), a move...
UBS hires former Credit Suisse star Khan as part of broader shakeup
Switzerland’s biggest bank UBS on Thursday appointed former Credit Suisse manager Iqbal Khan to co-lead its flagship wealth management business, as part of a broader...
London mayor says firms must play by the rules as Uber faces license renewal
London’s Mayor Sadiq Khan said everyone must play by the rules when asked on Thursday about taxi app Uber’s London license, which is due to...
China hopes U.S. will create conditions necessary for September trade talks
China and the United States are discussing the next round of face-to-face trade talks scheduled in September, but hopes for progress hinge on whether Washington...
China discussing September trade talks with U.S.: commerce ministry
China and the United States are discussing face-to-face trade talks that were scheduled to be held in the United States in September, China’s Commerce Ministry...
UBS reshuffles C-suite with Credit Suisse star Khan, Citi vet Harford
The world’s largest wealth manager UBS on Thursday appointed former Credit Suisse manager Iqbal Khan and Citigroup veteran Suni Harford as new wealth and asset...
UBS appoints Iqbal Khan wealth management co-head
The world’s largest wealth manager UBS on Thursday appointed former Credit Suisse executive Iqbal Khan to co-lead its flagship business, replacing Martin Blessing....
Bonds reign supreme, equities struggle on recession, Brexit fears
Global bond yields flirted with record lows while stocks struggled to recover on Thursday, as global recession worries from intensifying U.S.-China frictions and the specter...
Argentina says to extend maturities of international bonds, IMF debt
Argentina will negotiate with holders of its sovereign bonds and the International Monetary Fund to extend the maturities of its debt obligations as a way...
IMF staff analyzing Argentina’s new debt plan: spokesman
The International Monetary Fund is analyzing the impact of a new debt plan announced by Argentina’s Treasury Ministry on Wednesday, an IMF spokesman said....