UBS Wealth Management has trimmed its core equity recommendation to an ‘underweight’ position for the first time since the height of the euro zone crisis in 2012.  Photograph: Gianluca Colla/Bloomberg

The world’s largest wealth manager has turned bearish on stocks, fearing that the latest escalation of the trade fracas between the US and China poses(...)

  Occidental Petroleum is set to raise $13 billion  through the US bond market   to fund its takeover of Anadarko. Photograph: Reuters

Occidental Petroleum is set to raise $13 billion (€11.6 billion) through the US bond market on Tuesday to fund its takeover of Anadarko, an acquisitio(...)

Molecular biologist and biophysicist Richard Henderson poses following the announcement that he is a joint winner of the 2017 Nobel Prize for Chemistry, in Cambridge, Britain. Photograph: Toby Melville/Reuters

A trio of Swiss, American and British scientists won the 2017 Nobel chemistry prize on Wednesday for developing cryo-electron microscopy, which allows(...)