international News

Career deal maker seeks to transform UBS’ investment bank into financial powerhouse

“Nobody says Ferrari doesn’t make cars or is too small to exist,” says Andrea Orcel with a fiery Rom...

Chasing black money, India gets Swiss invite for discussionsSwiss bank Credit Suisse, accused of helping clients evade US taxes
US opposing China’s answer to World Bank
For almost a year, China has been pitching an idea to its neighbours in Asia: a big...

UNSC mulls resolution on access to MH17 crash site

Pressure rises on Russia as Ukraine accuses rebels of hiding evidence, bodies

Will US economy’s fate be set by next two weeks’ earnings?

A long-hoped-for improvement in the economy appears to be manifesting itself in second-quarter US ea...

50 killed in Israeli attack as Gaza continues to burn

At least 50 Palestinians were killed on Sunday by Israeli shelling in a Gaza neighbourhood, where bo...

Germany, Still the world champion?

Weakness in industrial output as well as domestic and foreign orders raises concerns over economic h...
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Short-sellers target China, this time from the shadows
Short-sellers who profit from stock price declines have resumed targeting Chinese companies...
Volkswagen seeks higher margins with China-only luxury sedan
Volkswagen will launch a VW-badged luxury sedan designed solely for China next year...
Growth in China’s factory sector seen stalling in Sept
Growth in China's large factory sector probably stalled in September, adding to worries the economy ...
Islamic State calls for attacks on US, French citizens
Islamic State urged its followers on Monday to attack citizens of the United States...
Alibaba IPO world’s biggest at $25 bn
Alibaba, the Chinese e-commerce giant, has officially set the record for the biggest initial public ...
Tesco cuts profit outlook again after accounting error
Tesco cut its profit forecast for the third time this year on Monday after finding a fault in its ac...
Relief over Scotland gives way to ‘Great Stagnation’ worries
G20 nations say they are close to adding an extra $2 trn to the global economy
Larry Ellison says he is done as chief at Oracle
Silicon Valley just got a little less colourful.
China central bank lends $81.4 billion to 5 biggest banks
The loans were disbursed through the Standing Lending Facility, a policy tool created by the central...
EU relief at Scotland’s ‘no’ tinged with fear of nationalism
But as soon as the Scottish “no” was secure, they voiced satisfaction and drew consequences for thei...
Scot land scuttled
“The people of Scotland have spoken and it is a clear result,” Prime Minister David Cameron said.
Hyundai Motor’s record $10.4-bn bid for trophy property alarms investors
The conglomerate smashed the previous record auction price for a single plot of land in South Korea ...
Ericsson to shut modem business, 1,000 jobs to go
Ericsson, the world's biggest mobile network equipment maker, is winding down its modem business, sh...
Scotland vote to seal United Kingdom’s fate
Scotland began voting in an independence referendum on Thursday that will decide the fate of the Uni...
Fed rate hikes may come sooner than expected
Many economists and traders had expected the US central bank to alter the rate guidance it has provi...
US regulators faulted in ignition defects at General Motors
Federal regulators had ample information to identify the dangerous ignition defect in General Motors...
UK govt pledges state funding to Scotland
Britain promised to guarantee Scotland high levels of state funding, granting Scots greater control ...
Nissan faces battery plant cuts amid rift with partner Renualt
Nissan’s plan would see US and British production phased out and a reduced output of next-generation...
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