The Swiss National Bank said that they are open to sell back the UBS assets that they took on during the global financial crisis.
Industry
Societe Generale SA ecstatic as profit margin doubles
Societe Generale SA said that they are happy to announce that the company is ecstatic as the company's profit margin doubles.
China manufacturing industry strengthens boosting Premier Li Keqiang's economic goals
China's Premier Li Keqiang's projects will now get the much needed help with the recent boost in the manufacturing industry.
Honda takes caution with emerging markets as sales drop
Honda Motor Corp expressed caution on investing in emerging markets as Japan sales fell by 24%. Although it saw a strong sales performance April-June in Asia, Honda Motor Co.
Smartphone buyers prioritize features over looks,price
According to research, the iPhone's release revolutionized how costumers picked their gadgets. According to analysts, consumers have shifted from buying only based on the price tag.
Latest News
The financial industry is close to overtaking the tech industry according to the latest quarter reports, analysts said.
A mining analyst said that improved consumer sentiment in the US is a good sign for diamond investors.
The India Manufacturing Barometer survey revealed that manufacturing companies will be holding off on new investments this year.
Economic slowdown, volatility and a weakened currency have made it difficult for India's PE investors to make an exit.
After the announcement of their merger, Omnicom and Publicis are now targeting industry giants like Google, Tweeter and Facebook for their advertising.
The Thales Group announced that they are set to ink the deal with Malaysia's Keretapi Tanah Melayu Bhd (KTMB) tagged at RM380 million.
Chinese iron ore production and prices continue to rise despite the general decline in base metals trading.
China and the European Union have agreed on a trade price and concluded a six-week dispute over Chinese solar panels.
Spanish unemployment rate drops 0.9% for second quarter and signals beginning of recession recovery.
