Credit Suisse will be merged with UBS after the deal is completed New group will oversee $5 trillion in assets The CEO of UBS has warned of painful decisions ahead UBS CEO: Still analyzing plan for Credit Suisse’s domestic business UBS shares rose slightly higher in premarket ZURICH, June 5 (Reuters) – UBS (UBSG.S) expects … Read more
June 5 (Reuters) – UnitedHealth Group (UNH.N) made a surprise $3.26 billion cash offer on Monday to acquire Amedisys Inc (AMED.O), pitting itself against another healthcare company that was planning buy the home care and hospice business. Interest in the home healthcare sector has exploded since the pandemic as patients and caregivers increasingly prefer to … Read more
(1/2) General view of Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia, May 21, 2018. REUTERS/Ahmed Jadallah/File Photo Brent and WTI are both up more than $1 Saudi Arabia’s move comes on top of OPEC+ cuts OPEC+ meeting and Saudi austerity could push prices up – analysts say LONDON, June 5 … Read more
Asian Stock Markets: Nikkei Rises 1.6% to Break Key Level; dollars raised Oil prices cut profits after Saudi Arabia’s major cuts in production Markets bet Fed pauses in June, sees risk of July hike SYDNEY, June 5 (Reuters) – Most Asian stock markets extended a global rally on Monday amid optimism the Federal Reserve would … Read more
LONDON, June 4 (Reuters) – AstraZeneca’s lung cancer therapy, Tagrisso, cut the risk of death by more than half in patients with some form of lung cancer who were diagnosed early enough to have their tumor surgically removed, study data showed. Tagrisso is already the crown jewel in the Anglo-Swedish drugmaker’s portfolio, raking in $5.4 … Read more
(1/3) Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman Al-Saud arrives for an OPEC meeting in Vienna, Austria, on June 4, 2023. REUTERS/Leonhard Foeger OPEC+ agrees on policy – 2 sources OPEC+ wants to adjust production baselines – sources Size, timing of cuts still unclear VIENNA, June 4 (Reuters) – Saudi Arabia will pledge new … Read more
(1/5) Austrian police officers stand in front of OPEC headquarters in Vienna, Austria, June 3, 2023. REUTERS/Leonhard Foeger Cuts could be as high as 1 million barrels per day – sources Saudi minister told speculators to beware Novak from Russia expected at Sunday meetings LONDON, June 3 (Reuters) – OPEC and its allies are kicking … Read more
BERN, June 2 (Reuters) – UBS (UBSG.S) Chief Executive Sergio Ermotti on Friday warned of painful job-cutting decisions following the acquisition of Credit Suisse (CSGN.S), which he said he hoped would come to an end in the near future. days would be formalized. “We will not be able to create jobs for everyone in the … Read more
June 1 (Reuters) – Ford Motor Co (FN) on Wednesday sued the Blue Cross Blue Shield Association in US court, accusing it of a price-fixing conspiracy that forced the automaker to overcharge for health insurance products for its employees. Ford’s lawsuit in federal court in Detroit accused the insurer and its Michigan regional affiliate of … Read more
Russia says the NSA has penetrated Apple phones in Russia Apple and NSA did not respond to requests for comment Russia says there was a special back door in Apple phones Russia says US intelligence agencies are using big tech companies LONDON, June 1 (Reuters) – Russia’s Federal Security Service (FSB) said on Thursday it … Read more
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