UBS Group AG is expanding its push to offer clients leveraged deposits with Middle East lenders to take advantage of higher regional savings rates, people familiar with the matter said.
Laopu Gold Co. reported a slower revenue and profit growth for the first half, missing analyst estimates as falling bullion prices dented Chinese consumers’ appetite for its jewelry.
China’s high-powered market for initial public offerings is showing signs that its breakneck pace could be difficult to sustain.
India on Tuesday approved the transfer of technology for all conventional missile systems developed by its state-run defense research agency to domestic manufacturers, allowing them to produce the weapons locally.
The logic seems straightforward enough: To make its decisions, the Federal Reserve needs timely and reliable information. A lot of that is public, but increasingly, there is relevant data in private hands. Ergo, the Fed should use these new sources to help the bank be more forward-looking.
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Iran war makes multibillion-dollar Tanzania LNG more attractive, Equinor says Reuters
When the Electronic Numerical Integrator and Computer, or Eniac, was first built by the University of Pennsylvania for the US Army in 1946, it weighed about 30 tons and had 18,000 vacuum tubes that filled an expansive room. The speed of that first programmable, general-purpose digital computer was a
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A federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering after he took $24 million from at least 400 investors.
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Three domestic helpers in Hong Kong have been sacked and issued warning letters after providing their employers’ personal data without consent to secure loans, resulting in the households being harassed by debt collectors. Privacy Commissioner for Personal Data Ada Chung Lai-ling said on Tuesday tha
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Israel’s escalating campaign to stop Syria rebuilding its military with Turkish help looks set to backfire, after Damascus signalled it was considering joining the new mutual-defence pact formed by Turkey, Saudi Arabia and Pakistan. Securing a Washington-mediated security deal with Israel was still