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Chinese companies flock to Switzerland to raise money with new stock listings

August 1, 2022 by admin

Chinese companies looking to raise cash overseas have turned to Switzerland β€” and gotten speedy regulator approval to do so, according to Baker McKenzie.

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Biden tests positive for Covid again, will restart isolation despite no new symptoms

July 30, 2022 by admin

Biden is experiencing no new symptoms and “continues to feel quite well,” Dr. Kevin O’Connor said in a memo shared by the White House.

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AMD passes Intel in market cap

July 30, 2022 by admin

The milestone also suggests that investors may value an asset-light chipmaker over one that’s investing heavily in manufacturing.

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A toxic culture and β€˜race to the bottom’: Pilots open up on why air travel is in chaos

July 29, 2022 by admin

Airlines are vocally laying the blame on airports and governments, but some working within the industry say airlines, too, failed to prepare.

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Barclays posts profit slump after hit from costly trading error in the U.S.

July 28, 2022 by admin

Barclays took charges of Β£1.9 billion for the first half, including Β£1.3 billion related to its trading blunder in the U.S.

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Putin’s new gas squeeze condemns Europe to recession and a hard winter of rationing

July 27, 2022 by admin

Ukraine’s President Volodymyr Zelenskyy said the move was tantamount to a “gas war.”

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UBS misses expectations; CEO cites one of the ‘most challenging’ quarters for investors in a decade

July 26, 2022 by admin

UBS posted net profit attributable to shareholders of $2.108 billion, below analyst expectations aggregated by the Swiss bank.

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Markets face what could be the most important week of summer with Fed, earnings and economic data

July 25, 2022 by admin

There’s a head-spinning amount of news for markets to navigate in the week ahead, the biggest of which will be the Federal Reserve’s midweek meeting.

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WHO declares rapidly spreading monkeypox outbreak a global health emergency

July 23, 2022 by admin

The WHO last issued a global health emergency in response to Covid-19 in January 2020.

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S&P 500 sheds nearly 1% Friday on Snap-led tech sell-off, but finishes higher on week

July 22, 2022 by admin

The three major averages notched weekly gains, buoyed by notable earnings from American Express, Tesla and other companies.

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