Credit Suisse's 167-year history of independence ended as UBS announced the merger of the two banks. The process of integrating the former competitors will involve significant layoffs....
Read MoreOn Wednesday, Toyota Motor Corp announced its operating profit would rise 10% this business year. The automaker also expects a five-fold increase in pure electric vehicle (EVs) sales amid the easing of global supply chain issues caused by the chip sh...
Read MoreChina’s status as the workshop of the world is coming under pressure, with clear signs that foreign trade is shrinking as other countries look to diversify their supply chains and reduce dependence on Chinese goods....
Read MoreInflation is hitting shoppers' wallets hard, and the Federal Reserve's response of raising interest rates may cause a recession, but companies are thriving. In the US, profit margins have hit record levels not seen since shortly after the Second Worl...
Read MoreFrance’s finance minister has said that increasing sanctions against Russia should be considered as the current measures have been “very effective.” “We are in the process of outlining these new sanctions, but, for the time being, I want to say tha...
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