Stock Market
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Credit Suisse seeks independence, says chairman-FT
Zurich (Reuters) – Axel Lehmann told the Financial Times that Credit Suisse sees its future as an autonomous business, despite…
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Ericsson’s core profit is lower than expected because costs are going up.
Stockholm (Reuters) – Ericsson (BS: ERICAs), a Swedish company that makes telecoms equipment and is being investigated for bribery, reported…
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Emerging markets investor Ashmore sees a drop of $14.3 billion in assets under management (AUM) each quarter.
London (Reuters) – Assets managed by the Ashmore Group, a company that invests in emerging markets, dropped by $14.3 billion…
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PageGroup’s profits go up as companies speed up the hiring process.
(Reuters) -PageGroup Plc, a global recruiter with headquarters in London, said on Wednesday that its quarterly gross profit went up…
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European stock futures are flat; U.K. GDP for May goes up, and U.S. CPI is the focus.
Investors are nervously waiting for the latest U.S. inflation report, which could affect how the Federal Reserve handles the economy…
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Credit Suisse delays the launch of a real estate fund due to market volatility.
Zurich (Reuters) – The first public offering of Credit Suisse’s 1a Immo PK real estate fund has been put off,…
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Perrigo wants the FDA to approve the first ever over-the-counter birth control pill.
(Reuters) -Perrigo Company said on Monday that its unit HRA Pharma has asked the U.S. Food and Drug Administration (FDA)…
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After Russia left, Renault’s first-half sales dropped by 30%.
(Reuters) – The French car company Renault (EPA:RENA) said on Tuesday that its sales of cars dropped in the first…
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The SAS and pilot unions will begin negotiations on Wednesday, the union reports.
Stockholm (Reuters) – A Norwegian pilots union says that the Scandinavian airline SAS and the unions that represent the pilots…
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At the SpaceX plant, a test-fired booster rocket bursts into flames.
(Reuters) -During a ground-test firing on Monday in Texas, a booster rocket created by Elon Musk’s SpaceX for its next-generation…
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