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UBS’s rescue of Credit Suisse has created new risks for Switzerland, OECD says

UBS’s rescue of Credit Suisse has created new risks for Switzerland, OECD says

ZURICH (Reuters) – UBS’s rescue takeover of Credit Suisse a year ago has created “new risks and challenges” fo..

EU parliament to extend new medicine data protection to 7.5 years, document says

EU parliament to extend new medicine data protection to 7.5 years, document says

BRUSSELS (Reuters) – EU lawmakers have gone part of the way to meeting pharmaceutical industry concerns about the exclusivity pe..

Stocks flat, US yields edge higher ahead of data

Stocks flat, US yields edge higher ahead of data

NEW YORK (Reuters) – A gauge of global stocks was little changed on Wednesday, pausing after equities in Europe and the U.S. hit..

Exclusive-Olympics-Paris has a lot to gain from hosting the Games, says mayor

Exclusive-Olympics-Paris has a lot to gain from hosting the Games, says mayor

PARIS (Reuters) – The 2024 Olympics have allowed Paris and its region to speed up plans to extend their public transport network..

Europe one step away from landmark AI rules after lawmakers’ vote

Europe one step away from landmark AI rules after lawmakers’ vote

STRASBOURG (Reuters) -Europe moved closer to adopting the world’s first artificial intelligence rules on Wednesday as EU lawmake..

Adidas posts first loss in 30 years but sticks to dividend

Adidas posts first loss in 30 years but sticks to dividend

HERZOGENAURACH, Germany (Reuters) – German sportswear giant Adidas posted its first loss in more than 30 years in 2023 on Wednes..

UK economy may be turning from headwind into tailwind for sterling

UK economy may be turning from headwind into tailwind for sterling

LONDON (Reuters) – UK wage data did its best to pull sterling down from a seven-month peak on Tuesday but the economy is showing..

Global corporate dividends hit record $1.66 trillion in 2023

Global corporate dividends hit record $1.66 trillion in 2023

LONDON (Reuters) – Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record payouts by banks ma..

Mango adapts as climate change makes fashion less seasonal

Mango adapts as climate change makes fashion less seasonal

MADRID (Reuters) – Spanish retailer Mango is honing in on adaptable clothing to help customers adjust to wild swings in temperat..

Arm’s shares rise as Wall Street eyes IPO lock-up expiration

Arm’s shares rise as Wall Street eyes IPO lock-up expiration

NEW YORK (Reuters) -Shares of Arm Holdings, the British chip designer backed by Softbank Group, gained 2.1% to $129.50 on Tuesday as m..