World stocks hold fire ahead of Fed, dollar stumbles
World stock markets hovered below three-month highs on Wednesday, while the dollar stumbled ahead of a meeting of the U.S. Federal Reserve....
Emirates airline redundancies continue for second day, sources say
Emirates laid off more pilots and cabin crew on Wednesday in a second day of redundancies at one of the world’s biggest long-haul airlines, three...
Credit Suisse CEO sees things ‘going in right direction’
Business conditions are improving after a tough start to the year, Credit Suisse Chief Executive Thomas Gottstein said in a presentation released on Wednesday....
NATO chief says on Huawei: UK review of 5G security is important
The head of the NATO military alliance said on Wednesday that the West could not ignore the rise of China and so it was important...
Oil down as rising U.S. inventories reawaken supply anxiety
Oil prices fell on Wednesday after a rise in crude and fuel stockpiles in the United States revived fears about oversupply and falling fuel demand...
Julius Baer faces investigation over ties to Argentine client: Neue Zuercher Zeitung
Swiss private bank Julius Baer faces investigation by watchdog FINMA over whether it followed correct procedures against money laundering in its ties with a former...
Dollar falls as nerves set in before Fed policy decision
The dollar fell against most currencies on Wednesday amid some speculation the U.S. Federal Reserve could take steps to curb a recent rise in bond...
Stock rally loses steam as markets wait for Fed
Asia’s stock markets edged up to a fresh three-month high on Wednesday, with the dollar again under pressure but sentiment was largely cautious ahead of...
Exclusive: ECB prepares ‘bad bank’ plan for wave of coronavirus toxic debt – sources
European Central Bank officials are drawing up a scheme to cope with potentially hundreds of billions of euros of unpaid loans in the wake of...
Emirates to lay off more pilots, cabin crew on Wednesday, sources say
Emirates, one of the world’s biggest long-haul airlines, will lay off more pilots and cabin crew on Wednesday, sources said, in what would be a...