Market rattled by inflation surprise and looming trade conflict
Wall Street plunged Friday, with the Dow falling 590 points, as hotter-than-expected inflation data and Trump’s sweeping auto tariffs rattled investors and markets....
Tag : UBS
Oil prices fall as Brent sinks 3% on US crude build and OPEC+ decision
Oil prices slipped as Brent crude dropped 3%, pressured by a sharp rise in US crude stockpiles and the OPEC+ decision to increase production....
Credit Suisse and UBS are in talks to merge – FT
UBS (UBSG.S) is in discussions to acquire Credit Suisse (CSGN.S), with the boards of Switzerland’s two biggest lenders meeting separately this weekend, the Financial Times reported. The Swiss National Bank and regulator FINMA are organizing the talks to build confidence in the country’s banking sector, Reuters reported, citing sources. Swiss......