Recent Posts

Ubisoft bets on cloud, AI to stay ahead of Vivendi threat

Bloomberg Ubisoft Entertainment SA, the French video-game company that’s racked up the fifth-best performance among Stoxx 600 members this year, has a plan to keep revenue and profit growing, if it can maintain its independence from French media giant Vivendi SA. The industry will expand at a rate of 15 percent to 20 percent over the next several years, Ubisoft ...

Read More »

JPMorgan to hire ‘thousands’ for operations hub in Warsaw

Bloomberg Poland’s government expects JPMorgan Chase & Co. to open an operational center in Warsaw, swelling the ranks of banks attracted by Poland’s lower costs amid competition by European cities for jobs set to move away from London. The US bank, which is poised to hire ‘several thousand people,’ according to Polish Deputy Prime Minister Mateusz Morawiecki, adds to list ...

Read More »

UBS tells wealthy clients to ‘take some profit’ on global stocks

Bloomberg UBS Group AG, the world’s largest wealth manager, told clients worldwide to take some profit on their stocks as rising values make it more difficult to generate “significant” further gains. “Although we continue to believe that global stocks can grind higher, underpinned by robust economic growth and increasing earnings, rising valuations are reducing the possibility of significant further upside,” ...

Read More »
Send this to a friend