World Economic Magazine

UBS profit leaps 63% in Q2 amid wealth management boom

UBS (UBSG.S) on Tuesday posted a 63% jump in second-quarter net profit, easily beating expectations as buoyant markets continued to…

5 years ago

China Evergrande shares, bonds slump as investor worries persist

Shares and bonds of China Evergrande (3333.HK), the country's most indebted developer, stayed in the red on Tuesday as worries…

5 years ago

Stocks falter as virus outbreaks fan global recovery fears

Asian stocks were down early on Tuesday as growing fears the spreading Delta variant of the coronavirus would harm the…

5 years ago

Insights from eCom Scotland into making flexible working work

These days – thanks, in part at least, to the effects of the coronavirus pandemic - people in all sectors…

5 years ago

Robinhood seeks up to $35 bln valuation in mega U.S. IPO

Robinhood Markets Inc is targeting a valuation of up to $35 billion in its initial public offering in the United…

5 years ago

Australian central bank’s policy optimism tested by lockdowns

Australia's central bank was counting on the economy to keep surprising with its strength when trimming stimulus earlier this month,…

5 years ago

U.S. recession ended in April 2020, making it shortest on record

The U.S. recession touched off by the coronavirus lasted only two months, ending with a low point reached in April…

5 years ago

IBM quarterly revenue beats on cloud strength, shares rise

IBM (IBM.N) reported second-quarter revenue on Monday that beat analysts' estimates, as a recovery in client spending powered strong growth…

5 years ago

Biden says inflation temporary; Fed should do what it deems necessary for recovery

U.S. President Joe Biden on Monday said an increase in prices was expected to be temporary, but his administration understood…

5 years ago

Tokyo bourse overhaul spurs prime market push for Japanese firms

Tighter requirements to stay on the Tokyo bourse's prestigious main board are forcing Japanese companies to cease long criticised practices…

5 years ago