Business

UBS chairman says key business decisions may soon become unavoidable

Wednesday, April 15 by SRN News

BASEL, April 15 (Reuters) - Key business decisions may soon become unavoidable, UBS Chairman Colm Kelleher said on Wednesday, turning up the volume on a tense debate about proposed Swiss capital requirements that has triggered growing pressure from markets and shareholders. New banking rules proposed... Read More.

Fed’s regional banks may be key front in battle for independence

Wednesday, April 15 by SRN News

By Howard Schneider and Ann Saphir WASHINGTON/SAN FRANCISCO, April 15 (Reuters) - San Francisco Federal Reserve President Mary Daly wasn't elected by popular vote, wasn't chosen by an elected official, didn't compete against a publicly revealed slate of applicants and didn't undergo any public vetting... Read More.

Volkswagen’s China boss warns of fierce competition in slowing market

Wednesday, April 15 by SRN News

BERLIN, April 15 (Reuters) - Volkswagen is bracing for even tougher competition in China, where the world's largest car market could shrink for the first time in almost a decade, the head of the German carmaker's business in the region said in a newspaper... Read More.

Walmart redesigns its ‘Great Value’ private label brand

Wednesday, April 15 by SRN News

April 15 (Reuters) - Walmart said on Wednesday it is redesigning its private-label brand "Great Value" as price-conscious shoppers increasingly opt for cheaper store-brand products. * The redesign of the brand, which was launched in 1993,will span almost 10,000 food and... Read More.

Bank of America profit rises as trading, investment banking shine

Wednesday, April 15 by SRN News

April 15 (Reuters) - Bank of America's profit rose in the first quarter, as volatility in the global markets lifted trading activity and a rebound in mergers and acquisitions boosted the lender's investment banking fees. Shares of the company rose 1.5% in trading before... Read More.

Recruiter Robert Walters posts smaller fee drop as hiring improves

Wednesday, April 15 by SRN News

By Nithyashree R B April 15 (Reuters) - Recruitment firm Robert Walters on Wednesday posted a narrower drop in first-quarter net fees following double-digit quarterly declines for nearly three years, as its largest market Japan returned to growth. Shares of the legal and technology recruiter... Read More.

Morning Bid: Back to business

Wednesday, April 15 by SRN News

By Mike Dolan April 15 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Global stock markets are largely back near pre-war levels and Wall Street is once again flirting with record highs, as the mood music from... Read More.

Stellantis first-quarter shipments up 12% year-on-year

Wednesday, April 15 by SRN News

ROME, April 15 (Reuters) - Franco-Italian automaker Stellantis said on Wednesday its global shipments rose 12% year-on-year in the first quarter to an estimated 1.4 million vehicles, consolidating a sales rebound that started in the second half of 2025. CEO Antonio Filosa, appointed last year,... Read More.

No signs of major default cycle in private credit, Ares CEO says

Wednesday, April 15 by SRN News

By Selena Li HONG KONG, April 15 (Reuters) - Private credit defaults are relatively contained, with most of the stress in the sector being liquidity- and rate-driven, the head of Ares Management Corp said on Wednesday. "There's nothing that we're seeing in our portfolios or... Read More.

War is over for Wall Street: stocks, dollar and fear index unwind moves

Wednesday, April 15 by SRN News

By Alun John, Sophie Kiderlin and Lucy Raitano LONDON, April 14 (Reuters) - As the conflict in the Middle East edges towards its eighth week, financial markets are starting to diverge. U.S. stocks have wiped out all the losses incurred since the start of... Read More.

Current Weather

UBS chairman says key business decisions may soon become unavoidable

Fed’s regional banks may be key front in battle for independence

Volkswagen’s China boss warns of fierce competition in slowing market

Walmart redesigns its ‘Great Value’ private label brand

Bank of America profit rises as trading, investment banking shine

Recruiter Robert Walters posts smaller fee drop as hiring improves

Morning Bid: Back to business

Stellantis first-quarter shipments up 12% year-on-year

No signs of major default cycle in private credit, Ares CEO says

War is over for Wall Street: stocks, dollar and fear index unwind moves

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