UBS

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Goldman Sachs, Deutsche Bank and Morgan Stanley have held talks with one of China’s biggest bad banks about investing in its $1.5 billion stake sale a(...)

CRH gained 0.26% to finish at €17.105. Photograph: Brenda Fitzsimons

Better than expected company earnings and a boost for German investor confidence drove increases in most European markets yesterday, although the benc(...)

A general view of the financial district of Pudong with the Shanghai Tower, which is undergoing construction scheduled to finish by the end of 2014 . The 632m (2,073 ft) Shanghai Tower will be the tallest skyscraper in China and the second tallest in the world. Photograph: Reuters

Chinese trade data in July surprised on the upside yesterday, registering surprisingly firm rebounds in both exports and imports, and sparking hope th(...)

Entertainment-to-telecoms conglomerate Vivendi will retain a 12 per cent stake of Blizzard Entertainment, the video games maker best known for the Call of Duty series and online multi-player game World of Warcraft. Photograph: Christian Hartmann/Reuters

French multimedia and telecommunications company Vivendi has said it plans to sell 85 per cent of its stake in Activision Blizzard Inc to the video ga(...)

Sunglasses stand on display inside a Tag Heuer store, operated by LVMH , in the Pavilion Mall shopping center in Kuala Lumpur, Malaysia. Asian consumers are more inclined to shop impulsively and pay extra for designer goods than people from other regions, according to a study by market information company Nielsen Holdings NV. Photograph: Goh Seng Chong/Bloomberg

The world’s largest luxury-goods maker LVMH, and Gucci owner Kering, reported accelerating sales growth as the industry rebounded from a weak start (...)

Sergio Ermotti, chief executive officer of UBS AG.  Photograph: Gianluca Colla/Bloomberg

UBS AG, Switzerland’s largest bank, reported an increase in second-quarter profit and said it is close to a settlement over US mortgage-backed bond sa(...)

UBS said its second-quarter profit beat forecasts, even after an 835 million Swiss franc (€698 million) charge to settle a US lawsuit. Photo: Reuters

UBS said its second-quarter profit beat forecasts, even after an 835 million Swiss franc (€698 million) charge to settle a US lawsuit and other matter(...)

European stocks were little changed near a seven-week high for the benchmark Stoxx Europe 600 Index. Photo: Bloomberg

European stocks were little changed near a seven-week high for the benchmark Stoxx Europe 600 Index. US index futures were also little changed, while (...)

In his twice-yearly report to Congress on monetary policy, US Federal Reserve chairman Ben Bernanke  said the Fed’s bond- buying programme would cease by mid-2014, but stressed the plan was not set in stone. Photograph: Pete Marovich/Bloomberg

US Federal Reserve chairman Ben Bernanke gave a modest boost to stock markets around the world yesterday, by reassuring that the US central bank’s mon(...)

 Two former interdealer brokers who worked in rates trading with Tom Hayes, the former UBS and Citigroup trader. Photographer: Gianluca Colla/Bloomberg

Two former interdealer brokers who worked in rates trading with Tom Hayes, the former UBS and Citigroup trader, face criminal fraud charges for allege(...)

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