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Finance
UBS chief’s surprise return to the Swiss banking giant bagged him a $15.9 million paycheck
Newly appointed UBS CEO Sergio Ermotti (R) speaks with UBS Chairman Colm Kelleher during a press conference in Zurich on March 29, 2023.Arnd Wiegmann | Afp | Getty ImagesUBS CEO…
Yellen warns China’s surplus of solar panels, EVs could be dumped on global markets
U.S. Treasury Secretary Janet Yellen testifies during a hearing before the Financial Services and General Government Subcommittee of the House Appropriations Committee at Rayburn…
Xi tells Dutch prime minister: No force can stop China’s tech advance
THE HAGUE, NETHERLANDS - MARCH 23:Dutch Prime Minister Mark Rutte meets with the President of the People's Republic of China Xi Jinping at the Catshuis March 23, 2014 in The Hague,…
Cargo ship had engine maintenance in port before it collided with Baltimore bridge, officials say
Baltimore City Fire Boat 2 floats past the Dali container vessel after it struck the Francis Scott Key Bridge that collapsed into the Patapsco River in Baltimore, Maryland, U.S.,…
Nigeria’s central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis
A pedestrian in the Lagos Island district of Lagos, Nigeria, on Monday, Nov. 14, 2022.Bloomberg | Bloomberg | Getty ImagesThe Central Bank of Nigeria on Tuesday hiked its key…
China’s economy is on track for ‘strong’ March performance, survey says
Employees work on a battery production line at Jiangsu Yongda Power Supply Co. on March 26, 2024 in Suqian, Jiangsu province of China.Vcg | Visual China Group | Getty ImagesBEIJING…
Novo Nordisk’s $1,000 diabetes drug Ozempic can be made for less than $5 a month, study suggests
A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023. Lee Smith | ReutersThe blockbuster diabetes drug Ozempic could be manufactured…
Crypto is ‘like cayenne pepper’ for investors, money manager says: ‘A little goes a long way’
Tara Moore | Stone | Getty ImagesKatherine Dowling has an analogy that may be useful for investors thinking of buying cryptocurrency like bitcoin and wondering what amount is…
Baltimore port bridge collapse: Global ocean carriers declare ‘force majeure,’ leaving U.S. companies on…
Ocean carriers are declaring "force majeure" due to the Baltimore port bridge crisis, telling logistics companies and U.S. shippers including retailers that once cargo is dropped…
Trump targets hush money trial judge’s daughter one day after gag order
Former President Donald Trump speaks during a press conference at 40 Wall Street on March 25, 2024 in New York City. Michael M. Santiago | Getty ImagesDonald Trump on Wednesday…