Jul 3, 2023 | Business, Technology, US
(Reuters) -Tesla Inc on Sunday said it delivered a record number of vehicles in the second quarter, topping market estimates as price cuts and U.S. federal credits helped make its electric vehicles more affordable. The Elon Musk-led company handed 466,140 vehicles in...
Jul 3, 2023 | Business, Economy, Europe, US
By Tatiana Bautzer NEW YORK (Reuters) -UBS has gone on a U.S. recruiting drive for wealth managers catering to rich Americans even as it considers culling 30% of its combined global workforce after the takeover of Credit Suisse. UBS recruited 50 financial advisers,...
Jul 2, 2023 | Asia, Business, Economy, Technology, US
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asia gets the new quarter underway with a sense of optimism and momentum buoying world markets on the back of surprisingly strong U.S....
Jul 2, 2023 | Business, Economy, Europe, UK, US
(Reuters) -Barclays is looking to terminate its corporate banking relationship with Odey Asset Management (OAM), the Financial Times reported on Sunday, predominantly due to sexual assault allegations against founder Crispin Odey. The British hedge fund has grappled...
Jul 2, 2023 | Business, Economy, Europe, US
(Reuters) – Pacific Investment Management Co (PIMCO) is preparing for a “harder landing” while top central bank chiefs prepare to continue their campaign of interest rate rises, Daniel Ivascyn, chief investment officer at the U.S. bond giant, told...
Jul 1, 2023 | Europe, Politics, Top News, US
By Olena Harmash (Reuters) – Ukraine has been publicly cautious in counting gains in a counteroffensive it launched this month to reclaim territory occupied by Russian forces, and on Friday its president and a U.S. general acknowledged that progress is measured...