The Chancellor of the Exchequer, Shi Sunak, left 10 Downing Street after attending a Cabinet meeting on February 14, 2020. Barcraft Media As British Finance Minister Shi Sunak prepares to determine the country’s economic path to recovery, analysts are agreeing to the possibility of additional tax increases and future fiscal …
Read More »UBS reaches 20-year naming rights agreement for NHL’s Islanders Belmont Park
An aerial photograph showing the construction site of the future Islanders Stadium in Belmont Park on March 1, 2020. John Keating | Newsday via Getty Images The new stadium for the New York Islanders in Belmont Park finally has a name. Swiss-based investment bank UBS has secured the naming rights …
Read More »IBM, Coca-Cola, Wells Fargo, Devon Energy and more
A bottle of Coca-Cola Light is removed for a quality control test at a Coco-Cola bottling plant in Salt Lake City, Utah. George Frey | fake pictures Take a look at the companies that make headlines in the midday trade. Coca-Cola – Coca-Cola gained 2.5% after the beverage giant gave …
Read More »European markets react when EU leaders reach a recovery funds agreement
The pan-European Stoxx 600 rose 1.1% in early trading, with banks adding 3.4% to lead gains as all sectors and major exchanges traded in positive territory. EU heads of state had been in talks since Friday morning to discuss the proposed recovery fund and the upcoming EU budget, but there …
Read More »UBS earnings Q2 2020
Sergio Ermotti, CEO of UBS Group Stefan Wermuth | Bloomberg | fake pictures UBS announced a net profit of $ 1.23 billion for the second quarter of 2020, below 11% from the same period last year ($ 1.4 billion) when the coronavirus pandemic weighed on earnings. Analysts surveyed by the …
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