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SWISS BANKING MAJOR UBS
Oaktree-backed digital infrastructure firm ITG aims to raise $429 million in US IPOITG, a digital infrastructure company backed by Oaktree Capital and ITG Holdings, plans to raise up to $429 million in a US IPO. The offeri...
Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
A stock trader’s guide to navigating rare ‘Super El Niño’As fears over the Iran conflict ease, investors are turning their attention to climate risk, with a potential “Super El Niño” emerging as a...
Diplomats hold US-Iran preparatory discussions at Swiss retreatThe Swiss foreign ministry said diplomats were in discussions at the luxury Burgenstock resort near Lucerne in central Switzerland, without...
India 10-year yield snaps 6-day falling streak as US-Iran talks stallIndia's benchmark 10-year bond yield saw a pause in its recent drop on Friday. This change was fueled by stalled talks between the U.S. and...
Yen teeters on cusp of 40-year low as BOJ hike fails to stem routThe dollar continues to exhibit resilience against key global currencies, largely fueled by the ongoing unpredictability of a potential U.S...
Global Markets: Central banks stay vigilant despite oil price relief after US-Iran truceGlobal central banks remain cautious despite easing oil prices following the US-Iran truce. While lower energy costs ease inflation fears, ...
Indian money in Swiss banks dips to CHF 3.25 bn; customer deposits upIndian funds in Swiss banks saw a decrease in 2025, reaching 3.25 billion Swiss francs. However, customer deposits experienced a significan...
Manipal Hospitals is said to plan $1 billion IPO in JulyManipal Health Enterprises is likely to launch its IPO as early as next month, targeting a valuation of around $10 billion. Backed by Temas...
US Stock Market: UBS pushes Fed rate cut expectations to 2027 on hawkish policy outlookUBS Global Wealth Management now expects the US Federal Reserve to keep interest rates unchanged through 2026, delaying rate cuts until 202...
Prudent ARC top bidder for Aban Offshore debtPrudent ARC has become the highest bidder for Aban Offshore's ₹1,080 crore debt from Punjab National Bank, offering ₹193 crore. This marks ...
Inside KPMG's AI report scandal: False claims, bogus case studies and hallucinated success storiesKPMG has retracted a global report after major organizations like UBS and the NHS denied claims of using AI for operational transformations...
Swiss reject population cap in referendum, avoiding EU clash and cheering businessSwiss voters have rejected a proposal to limit the nation's population to 10 million. The decision prioritizes economic stability and conti...
Swiss head to polls in divisive anti-immigration voteSwiss citizens vote Sunday on two key referendums. One proposal aims to cap the nation's population at 10 million, potentially impacting im...
Protests set to grip Geneva ahead of G7 summitThousands of protesters were expected to rally in Geneva on Sunday under a heavy police presence ahead of the G7 summit in Evian in neighbo...
FIFA World Cup 2026: Qatar hail first point after late goal stuns Switzerland in 1-1 drawQatar achieved a historic moment by securing their first World Cup point. A late own goal by Switzerland forced a 1-1 draw, sending the Qat...
Global Markets: European shares edge higher with banks in the lead; the Middle East in focusEuropean markets saw a rise on Tuesday. Banking stocks led the gains, with Italian lenders drawing attention. Tech stocks stabilized after ...