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Monthly Archives: March 2018

UBS plans to shift some staff to Frankfurt after Brexit: Memo

Justin Tallis | AFP | Getty Images The logo of Swiss bank UBS at its headquarters in London on May 5, 2017. The moves are expected to affect fewer than 200 UBS staff, a source familiar with the plans told Reuters. UBS employs around 5,000 people in London. Staff affected …

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Why populism is hurting Macron’s plans to reform the euro zone

Aurelien Meunier | Getty Images French President Emmanuel Macron and German Chancelor Angela Merkel during a press conference at Elysee Palace on August 28, 2017 in Paris, France. The European Council is expected to give the green light to proposals to transform the European Stability Mechanism (ESM) into a European …

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China to rely less on economic stimulus as it battles risks

Lintao Zhang | Getty Images Zhou Xiaochuan, governor of the People’s Bank of China, speaks during a press conference at the media center on March 10, 2017 in Beijing, China. China has moved away from its old growth model which was heavily reliant on investment and will rely less on …

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Former US President Barack Obama is in advanced talks with Netflix to produce shows

Scott Olson | Getty Images News | Getty Images President Barack Obama waves to guests as he arrives for a speech to students and faculty from the Kellogg School of Management at Northwestern University on October 2, 2014 in Evanston, Illinois Former president Barack Obama is in advanced talks with …

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China Feb consumer inflation highest since late 2013

Tianhan Chen | Cpressphoto | Getty Images The landscape of city sunrise in Beijing, China on March 25, 2016. China’s February consumer inflation accelerated at its fastest year-on-year pace since November 2013, statistics bureau data showed on Friday. However, this was largely due to higher food prices as China celebrated …

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Japan says US tariffs may have ‘big impact’ on bilateral relations

Mark Wilson | Getty Images Japanese Foreign Minister Taro Kono at a meeting of the U.S.-Japan Security Consultative Committee at the State Department, on August 17, 2017 The United States’ decision to impose tariffs on steel and aluminium was “regrettable” and will likely have a “big impact” on economic ties …

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Wynn Resorts settles with Universal Entertainment

Jessica Rinaldi | The Boston Globe | Getty Images Steve Wynn speaks to reporters about a planned casino in Everett during a press conference on March 15, 2016. Wynn Resorts said Thursday that it has settled with Universal Entertainment and Aruze USA. As part of the agreement, Wynn said it …

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MAT, HAS, UNFI & more

Getty Images The Mattel sign is pictured at the Nuremberg International Toy Fair, Jan. 29, 2014, in Nuremberg, Germany. Check out the companies making headlines after the bell Thursday: Mattel stock dropped nearly 5 percent after hours after it was reported that Toys R Us may liquidate its U.S. operations. …

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Tesla says Chief Accounting Officer Branderiz left for personal reasons

Stephen Lam | Reuters Tesla Motors CEO Elon Musk introduces the “falcon wing” door on the Model X electric sports-utility vehicle during a presentation in Fremont, California, on September 29, 2015. Tesla Chief Accounting Officer Eric Branderiz has left the company for personal reasons, according to an SEC filing on …

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Unclear who is leading the US response to Russian cyber attacks

Jim Watson | AFP | Getty Images US Army General Curtis Scaparrotti, Commander of the US European Command and NATO Supreme Allied Commander Europe, testifies on Capitol Hill before the US Senate Armed Services Committee in Washington, DC, on March 8, 2018. Despite repeated warnings that Russia is trying to …

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