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
(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
ISTANBUL, June 4 (Reuters) – Airbus (AIR.PA) has signed a potentially record deal for the sale of 500 narrow-body A320 jets to India’s largest airline IndiGo (INGL.NS), industry sources said on Sunday. The European aircraft maker has emerged as a front-runner for an order that overshadows Air India’s historic preliminary purchase of 470 jets in … 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
(1/8) People carry flags of Poland and the European Union as they take part in a march on the 34th anniversary of the first democratic elections in post-war Poland, in Warsaw, Poland, June 4, 2023. REUTERS/Kacper Pempel WARSAW, June 4 (Reuters) – Hundreds of thousands of protesters gathered in Warsaw on Sunday, the 34th anniversary … Read more
(1/6) Police arrest a woman with paper flowers downtown on the 34th anniversary of the 1989 Tiananmen Square performance in Beijing, near where the candlelight vigil is usually held, in Hong Kong, China, 4 June 2023. REUTERS/Tyrone Siu HONG KONG/TAIPEI, Jun 4 (Reuters) – Hong Kong police on Sunday searched and detained dozens of people, … Read more
SINGAPORE, Jun 4 (Reuters) – Senior officials from about two dozen of the world’s major intelligence agencies held a secret meeting on the sidelines of the Shangri-La Dialogue security meeting in Singapore this weekend, five people told Reuters. Such gatherings are organized by the Singapore government and have been held discreetly for years in a … 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
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