UBS has suspended withdrawals from a €400mn European real estate fund for up to three years, in a dramatic move that underscores growing investor anxiety over global economic instability linked to escalating
Swiss lawmakers have privately assured senior UBS executives that they intend to moderate the toughest elements of the government’s proposed “too big to fail” reforms, according to people familiar with the discussions,
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SpaceX is working with at least 21 banks on its blockbuster initial public offering, codenamed Project Apex, according to people familiar with the matter, Reuters reports. The offering, expected in June, is
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The close of the World Trade Organization’s (WTO) 14th Ministerial Conference in Yaoundé, Cameroon, should be seen for what it is: not a diplomatic success, not even a respectable near-miss, but another
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Wealth managers are increasingly orchestrating evacuations for their clients from the Middle East following the recent strikes on Iran, a shift that underscores the expanding role of family offices and advisory firms
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A detailed investigation by The Wall Street Journal has revealed that four of the largest private-credit funds—managed by Apollo Global Management, Ares Management, Blackstone, and Blue Owl Capital—have more exposure to software
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Eurozone government bonds are experiencing one of their most turbulent months in a decade, with borrowing costs for several countries climbing to multiyear highs as investors react to the economic fallout of
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South Korean semiconductor giants Samsung Electronics and SK Hynix are significantly increasing investments in their Chinese wafer fabrication plants as global demand for memory chips skyrockets, driven largely by artificial intelligence computing
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As the World Trade Organization prepares to convene its 14th Ministerial Conference (MC14) in Yaoundé, Cameroon, from 26 to 29 March, newly released data from the United Nations Conference on Trade and
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Just months after reducing its purchases of Russian crude to ease punitive U.S. tariffs, India is moving to deepen energy cooperation with Moscow, Reuters reports. Sources familiar with the discussions say India
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EY has set aside a record £188mn to cover regulatory fines and legal claims in the UK, underscoring intensifying pressure on the Big Four firm as it faces multiple investigations into the
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