[ad_1] UBS will seek to reassure shareholders on Wednesday that its unexpected takeover of rival Credit Suisse in the biggest bank rescue since the great financial crash can work. Last…
Tag: world news indian express
Foreign cash streaming back to China after Alibaba’s plans
[ad_1] Foreign investors are steadily marching into China in the wake of Alibaba’s plans to restructure, with money managers reckoning it is the latest sign the national leadership is turning…
Oil prices little changed; supply concerns, banking crisis in focus
[ad_1] News Business Commodities Oil prices little changed; supply concerns, banking crisis in focus Oil prices drew support from indications of strong Chinese demand. Brent crude futures fell 2 cents…
World shares mixed ahead of Fed rate hike decision
[ad_1] European shares were mixed Wednesday after a day of gains in Asia ahead of a decision by the Federal Reserve on interest rates. Benchmarks fell in Paris and London…