Exclusive: India to order taxi aggregators like Uber, Ola to go electric
India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric by April 2026, according to...
Investment bank environment still very fragile says UBS
Investment banking conditions have improved over recent months but remains “very fragile,” UBS Chief Executive Sergio Ermotti said on Thursday, adding the Swiss lender’s own...
Trade tensions flare sours rate hope rally
German bond yields plumbed new record lows on Thursday and U.S. treasury yields resumed their fall as renewed trade tensions doused a rally fueled by hopes...
Swiss regulator fines banks for fixing forex trading
Five banks have been fined a total of 90 million Swiss francs ($90.5 million) for colluding to rig the multi-trillion dollar foreign exchange market, Switzerland’s...
Trump threatens China with tariffs on further $300 billion of goods
U.S. President Donald Trump threatened to hit China with tariffs on “at least” another $300 billion worth of Chinese goods but said he thought both...
Richard Branson takes satellite launch business to Japan with airline ANA
Sir Richard Branson’s Virgin Orbit said on Thursday it plans to bring its satellite launch system to Japan in partnership with airline operator ANA Holdings...
FCA and Renault shares drop after merger talks collapse
Shares in Fiat Chrysler (FCA) and Renault fell sharply in early trading on Thursday after their $35 billion-plus merger plan fell apart only 10 days...
Trump threatens China with tariffs on a further $300 billion of goods
U.S. President Donald Trump threatened to hit China with tariffs on “at least” another $300 billion worth of Chinese goods but said he thought both...
Aviva overhauls UK business, to cut 1,800 jobs globally
British insurer Aviva will restructure its British business and cut costs across the firm with the loss of 1,800 jobs globally as it new chief...
PSA’s shares rise as Fiat Chrysler withdraws merger offer for Renault
Shares in Peugeot-carmaker PSA rose on Thursday, as analysts examined the possibility that Fiat Chrysler (FCA) might turn back to PSA after FCA withdraw a...