German Chancellor Olaf Scholz and French President Emmanuel Macron met in Paris Wednesday to try and iron out wide-ranging tensions from energy and economic issues to the future of European defense. A Macron aide said the two leaders were set to discuss defense, macroeconomic issues and energy over a working lunch at the presidential palace. They had no plans for ...

Russia carried out military exercises simulating a retaliatory nuclear strike as President Joe Biden warned Vladimir Putin that any use of an atomic weapon would be an “incredibly serious mistake.” As he oversaw the drills, Putin was told by his defense chief that the maneuvers on Wednesday were meant to simulate a “massive nuclear strike” in response to an attack, ...

UBS Group AG posted a robust quarter on the back of surging rates and cost control, enabling the Swiss bank to confirm a plan to return around $5.5 billion to investors this year. UBS said net income in the three months to September was $1.73 billion, compared with analyst estimates of $1.57 billion. The wealth management unit saw lending revenue ...