Business
Up to 30% of jobs to be cut by enlarged UBS, Tages-Anzeiger reports
GENEVA (Reuters) – The bank created by the UBS takeover of Credit Suisse is poised to reduce its workforce by 20-30%, Swiss…
Business
Norwegian wealth fund seeks Credit Suisse boardroom shake-up
(Reuters) – Norges Bank Investment Management will vote against the re-election of Credit Suisse Chair Axel Lehmann and six other directors at…
Business
Volkswagen not planning new combustion engine Golf – Automobilwoche
BERLIN (Reuters) – Volkswagen does not plan to develop a new combustion engine generation of its legendary Golf car, brand chief Thomas…
Business
Humans vs. machines: the fight to copyright AI art
By Tom Hals and Blake Brittain (Reuters) – Last year, Kris Kashtanova typed instructions for a graphic novel into a new artificial-intelligence…
Business
Pakistan posts highest-ever annual inflation; stampedes for food kill 16
By Asif Shahzad ISLAMABAD (Reuters) – Consumer price inflation in Pakistan jumped to a record 35.37% in March from a year earlier,…
Business
Exclusive-India regulator probing some Adani offshore deals for possible rule violations
By Jayshree P Upadhyay MUMBAI (Reuters) – India’s market regulator is investigating possible violation of ‘related party’ transaction rules in the Adani…
Business
Elon Musk seeks to end $258 billion Dogecoin lawsuit
By Jonathan Stempel NEW YORK (Reuters) – Elon Musk asked a U.S. judge on Friday to throw out a $258 billion racketeering…
Business
Twitter makes some of its source code public, promises more
By Sheila Dang (Reuters) -Twitter on Friday made public parts of the computer code that decides how the social media site recommends…
Business
New UBS CEO plays down concerns over size of Swiss bank combination
(Reuters) – Incoming UBS Chief Executive Sergio Ermotti has sought to ease worries about the size of the new bank being created…
Business
China’s Huawei says ‘out of crisis’ mode as revenue edges up
By David Kirton SHENZHEN, China (Reuters) -China’s Huawei Technologies Co Ltd said it was “out of crisis mode” as it posted a…