UBS hires Morgan Stanley bankers to lead U.S. outsourced trading drive
UBS (UBSG.S) has hired two bankers from Morgan Stanley (MS.N) to help build its trading services for hedge funds and asset managers in the United Sates, according to a memo seen by Reuters and confirmed by a spokesperson for the Swiss bank.
SpaceX’s Starlink expects it can provide global coverage around September
Starlink, the satellite internet unit of Elon Musk’s SpaceX, expects to be able to provide continuous global coverage by around September but will then need to seek regulatory approvals, its president Gwynne Shotwel said on Tuesday.
Analysis: EU industry hands Brussels headache over carbon border levy
Brussels policymakers, about to unveil the world’s first carbon border levy, are caught between industry demands to twin it with free carbon permits worth billions of euros, and analysts’ warnings that doing so could expose the EU to legal challenges at the WTO.
EXCLUSIVE Farm Belt lawmakers push for biofuel investment and tax credits in new bills
Billions of dollars in federal investments and tax credits to boost demand for U.S. biofuels will be part of two bills that Democratic lawmakers will introduce to the U.S. Congress, two sources familiar with the plans said.
REUTERS EVENTS Shortage of people, materials can slow energy transition – Enel CEO
A shortage of personnel and basic materials are the main constraints to the pace of the energy transition for top power suppliers such as Europe’s largest utility Enel (ENEI.MI), the company’s Chief Executive Francesco Starace told Reuters.
Wall Street ends sharply higher, led by Dow surge
Wall Street rallied on Monday, with the Dow completing its strongest session in over three months as investors piled back in to energy and other sectors expected to outperform as the economy rebounds from the pandemic.
eCom Scotland represented at this year’s NHS Scotland event
The digital learning and assessment specialist, eCom Scotland, is among the exhibitors accompanying Scotland’s leading event for healthcare professionals: The NHS Scotland Event 2021, which is being held, virtually, from 22nd to 24th June.
Britain begins negotiations to join trans-Pacific trade deal
Britain will begin negotiations on Tuesday to join a trans-Pacific trade deal that it sees as crucial to its post-Brexit pivot away from Europe and towards geographically more distant but faster-growing economies.
Bitcoin steadies in Asia trading after Monday’s plunge
Bitcoin stabilised in Asian trading on Tuesday morning a day after a statement from China’s central bank reaffirming the ongoing crackdown on cryptocurrencies in the country sent the world’s largest token to a two-week low.
Bitcoin slumps further as China tightens crypto crackdown
Bitcoin tumbled on Monday to a two-week low on China’s expanding crackdown on bitcoin mining, as investors grew more uncertain about the future of the leading cryptocurrency.
