UBS chair says Swiss banking giant is not 'too big to fail'
Colm Kelleher also said UBS was one of the best-capitalized banks in Europe at the UBS Annual General Meeting.
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Volvo Cars shares down 8% as first-quarter revenues fall
Swedish automaker Volvo Cars on Wednesday reported an uptick in first-quarter core operating profits driven by strong retail sales.
Riderless horses recovered after running loose through London; ‘a number’ of people injured
The U.K. army on Wednesday said they had recovered "a number" of military working horses after the animals broke free during a routine exercise.
Photos show Sahara dust turn Athens orange
Athens and the south of Greece appeared to be coloured in orange and red after dust from the Sahara engulfed the city on Tuesday evening.
‘A real wildcard’: World’s largest wealth fund issues inflation warning on hot commodity markets
The chief executive of the world's largest wealth fund says there are many wildcards in financial markets right now.
Germany arrests EU Parliament staff member on China espionage charges
A German man was arrested for allegedly sharing information from the European Parliament with the China's secret service, the federal prosecutor’s office said.
Apple sends invites to May 7 launch event, new iPads expected
Apple will launch new products on May 7 in an online event, according to invites sent to the media on Tuesday.
World’s largest wealth fund says there’s ‘clearly a lot of froth’ in the tech sector right now
The chief executive of Norway's gigantic sovereign wealth fund on Tuesday said there is "clearly a lot of froth" in the tech sector.
EU threatens to suspend TikTok Lite’s money-for-views program over addiction fears
The European Union on Monday opened proceedings against ByteDance's TikTok and threatened to suspend its newly launched TikTok Lite rewards program.
What investors should know about the UAW's organizing drive of VW
The historic vote could have wide-ranging impacts on other automakers, organized labor and the overall U.S. automotive industry.
This small town in France is selling a house for 1 euro—applications are open, but there's a catch
The French town of Saint-Amand-Montrond estimates that renovating the property will cost around $136,180 USD.
Pro-China party reportedly wins big in the Maldives, likely accelerating its shift away from India
The outcome is widely expected to accelerate the Indian Ocean archipelago's shift toward China and away from its traditional ally of India.
Given a lifeline by the U.S., Ukraine must now prove it can beat Russia
Time is of the essence for Ukraine, which has been pleading for more air defense systems, artillery and ammunition to turn the tide in the war.
VW workers in Tennessee vote to join UAW in historic win for Detroit union
Volkswagen workers in Tennessee have voted in favor of the United Auto Workers — marking the union's first successful organizing drive of a foreign automaker.
Apple pulls Meta's WhatsApp, Threads from China App Store
Apple on Friday said it has pulled WhatsApp, Threads, Signal and Telegram from the App Store in China.
'We've never seen anything like this': Dubai Airports CEO expects normal service within 24 hours after flood chaos
Dubai Airports CEO said he expects services to return "close to normality" soon as the major transit hub deals with the fallout from unprecedented flooding.
German cars are the best in the world, its finance minister insists: 'They do not have to fear Chinese competition'
German cars are “the best in the world” and the country’s carmakers do not have to fear competition from China, German Finance Minister Christian Lindner said.
World’s largest sovereign wealth fund posts $110 billion in first-quarter profit as tech stocks surge
Norway's giant sovereign wealth fund on Thursday reported first-quarter profit of 1.21 trillion kroner ($110 billion).
European Central Bank should cut in June to avoid falling behind inflation curve, policymaker says
The European Central Bank should cut interest rates in June to avoid falling behind the inflation curve, according to one ECB policymaker.
BP trims down executive team, picks new head of its gas and low carbon energy business
British oil major BP on Thursday trimmed the size of its executive team down to 10 members.
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