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UBS pushes into some risky territory

Sergio Ermotti is facing a painful reality. For the third time in three years, UBS Group AG’s chief executive officer is resetting his ambitions for the world’s biggest wealth manager. A big fine in France is clouding the outlook for investor returns because it will make payouts uncertain. The pressure on profit margins is forcing the $2.6 trillion manager to ...

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Bayer looks well beyond its $10 billion roundup payout

Investors aren’t waiting for a definitive deal to end the mass of lawsuits against Bayer AG before snapping up the shares. The German life sciences group’s 75 billion euro ($83 billion) market value is up some 26 billion euros in seven months on hopes that thousands of claims related to its glyphosate-based Roundup weedkiller, accused of causing cancer, might be ...

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Celebrate global cooling and fix global warming

Since the 19th century, temperatures have been falling. I was as surprised as you. As it turns out, this isn’t about the climate for once, but about human body temperatures. On average, millennials in the US today run 1.06 degrees Fahrenheit cooler than Americans did in the 1800s, if they’re male, and 0.58 F cooler if they’re female. The reason ...

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