UBS struggles to steady its US wealth business
Asset outflows and adviser losses cloud a key turnaround effort UBS is running into growing resistance in its effort to rebuild its US wealth management franchise, as client assets leave the platform
US charges expose alleged Nvidia server route to China
Indictment hits Super Micro-linked figures and revives export control fears US prosecutors
HDFC Bank Drops After Chairman Quits Over Ethics Concerns
Resignation jolts investors despite board and regulator reassurances HDFC Bank shares fell
Bank of England Holds as Iran War Clouds Outlook
Markets shift from rate-cut hopes to fears of tighter policy The Bank
Nvidia Moves to Restart China H200 Shipments
Jensen Huang says manufacturing is being switched back on Nvidia is preparing
Trump files $5bn lawsuit against JPMorgan and Dimon
Lawsuit alleges political debanking U.S. President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its chief executive Jamie Dimon, accusing the bank of unlawfully closing several of
Natural gas prices jump as Arctic cold grips the U.S.
Energy markets react to extreme winter forecast Natural gas prices surged sharply on Wednesday as forecasts pointed to an intense
UK court backs regulator on cross-border card fee caps
Payments firms lose challenge against UK watchdog Mastercard, Visa and British fintech Revolut have lost a legal challenge against Britain’s
U.S. Holiday Retail Sales Rise as Shoppers Seek Deals
Spending grows despite tighter household budgets U.S. retail sales have climbed by roughly 4% so far this holiday season, reflecting
RBC boosts dividend as record results fuel global ambitions
Strong earnings power a higher payout for shareholders Royal Bank of Canada reported a record fourth quarter, prompting its board
Business
Lucid Targets Positive Cash Flow Later This Decade
Lucid Group told investors it expects to reach positive cash flow later this decade, leaning on a broader vehicle lineup, a bigger push into
Six Flags to sell seven parks to EPR for $331 million
Portfolio reshuffle targets higher-return properties Six Flags Entertainment said Thursday it will
Ford Recalls 412,000 Explorer SUVs in U.S.
Rear Suspension Defect Prompts Major Recall Ford Motor Company is recalling 412,774
Stellantis Posts Record Loss Amid EV Reset
Massive Write-Downs Drive Annual Deficit Stellantis reported its first-ever annual net loss
Paramount Raises Bid for Warner Bros. Discovery
All-cash offer lifted to $31 per share Warner Bros. Discovery said Tuesday
Honeywell Secures 26% Price Cut in Catalyst Deal
Acquisition terms revised amid weak demand Honeywell International has negotiated a significant
Bath & Body Works Debuts on Amazon
Fragrance giant expands beyond own stores For the first time, Bath &
Google Scraps AI Health Tips Feature
Google scraps What People Suggest, an AI search feature that surfaced crowdsourced health tips from online discussions. The company confirmed the tool has been removed after a limited rollout on mobile in
Meta Buys Moltbook, Adds AI Agent Founders
Deal Moves Moltbook Leaders Into Superintelligence Labs Meta has acquired Moltbook, a
Microsoft Adds Anthropic to Copilot Agent Push
Copilot Cowork Targets Autonomous Agent Demand Microsoft said it is integrating Anthropic
NRC clears TerraPower reactor in Wyoming, a first for HALEU
Approval revives U.S. licensing pipeline after long pause The U.S. nuclear regulator
Alberta compares its AI data centre push to U.S. buildout
Bring your own power model moves from Washington to Edmonton Alberta is
US Diesel Tops $5 as Oil Shock Hits Economy
Fuel surge raises pressure on freight and consumer costs Diesel prices in the United States have climbed above $5 a gallon for the first time in more than three years, signaling a
RBA Lifts Rates Again as Inflation Stays Sticky
Second straight move takes policy setting to 4.1% Australia’s central bank has lifted interest rates for a second consecutive meeting,
Oil Near $100 Sends Global Stocks Lower
Global equities fell on Thursday as global stocks fall oil near $100 became the market’s dominant theme. Traders reacted to
PBOC Holds Rates as Growth Slows
Benchmark lending rates unchanged again China’s central bank left its key lending benchmarks untouched on Tuesday, underscoring policymakers’ cautious approach
Fed Weighs Rate Hikes if Inflation Persists
Officials Signal Possible Upward Moves Minutes from the Federal Reserve’s most recent policy meeting show that some officials are considering