UBS asks London investment bankers – Amsterdam, Madrid or Frankfurt?
LONDON/ZURICH (Reuters) – Swiss bank UBS asked staff whether they would prefer to relocate to Amsterdam, Madrid or Frankfurt after Britain leaves the European Union in a survey sent to its investment bankers on Tuesday, according to sources familiar w…
Obituary: Jim Saft, Reuters columnist, a man of humor and insight
This headline by Jim Saft, who died on Monday after suffering a stroke last month, was typical of the writing of one of Reuters smartest and most engaging columnists on investment and markets. [SAFT/]
Mexico, Canada poised to push back over U.S. NAFTA demands
WASHINGTON (Reuters) – Trade ministers from the United States, Canada and Mexico on Tuesday wrap up a contentious round of NAFTA negotiations dominated by aggressive U.S. demands including a sunset clause that Canadian and Mexican officials say will be…
Dow breaches 23,000-mark for the first time
(Reuters) – The Dow Jones Industrial Average breached the 23,000 mark for the first time on Tuesday led by more than 5 percent gain in UnitedHealth.
Exclusive: Microsoft responded quietly after detecting secret database hack in 2013
(Reuters) – Microsoft Corp’s secret internal database for tracking bugs in its own software was broken into by a highly sophisticated hacking group more than four years ago, according to five former employees, in only the second known breach of such a …
Volvo unveils Polestar model in China, looks to rival Tesla 3
SHANGHAI (Reuters) – Volvo Cars and its Chinese parent have unveiled their first Polestar high performance electric car and pledged to invest 5 billion yuan ($760 million) in the brand, gearing up for intense competition to sell greener cars in the wor…
Wall Street banks look beyond trading to drive profits
NEW YORK (Reuters) – Wall Street rivals Goldman Sachs Group Inc and Morgan Stanley topped analyst expectations on Tuesday, reporting third-quarter earnings gains from a range of products and services despite an industry-wide decline in bond trading.
Wall St flat as losses in financials offset healthcare gains
(Reuters) – Wall Street opened flat on Tuesday as gains in healthcare stocks were largely offset by losses in financials, with an earnings beat from Goldman Sachs failing to cheer investors.
EasyJet sees no need to enter long-haul given M&A options in Europe: CEO
BRUSSELS (Reuters) – British budget airline easyJet won’t enter the rapidly growing low-cost, long-haul market given its abundance of options to buy parts of failed European airlines, CEO Carolyn McCall said on Tuesday.
New cancer drugs help J&J top profit estimates
(Reuters) – Johnson & Johnson posted better-than-expected third-quarter earnings, raising its full-year forecast due to growth from new cancer drugs and high-margin treatments picked up in its $30 billion acquisition of Actelion earlier this year.
