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For UBS, new normal is new painful

After a horrid start to the year, UBS Group AG Chief Executive Officer Sergio Ermotti finally got some relief. Switzerland’s biggest bank posted its best second quarter results under his watch. Unfortunately, the likelihood that the stars will remain aligned is remote. At $1.4 billion, net income in the three months through June was the highest since 2010, comfortably beating ...

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Nokia’s CEO shows you can climb out of abyss

Nokia Oyj started as a single paper mill in 1865. In recent years, it’s the stock that has been through the mill, as the maker of telecommunications equipment has ebbed and soared with each burst of spending on next generation mobile networks. Chief Executive Officer Rajeev Suri has steadily toiled away to drag the Espoo, Finland-based company through to the ...

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Donald Trump’s assault has not killed Huawei

Things aren’t so desperate for Huawei Technologies Co. after all.Just over a month ago we were told that the Chinese electronics giant was hunkering down for a drop of as much as 60 million units in overseas handset shipments this year. That was quite a blow, I wrote at the time, considering that consumer devices accounted for 45 percent of ...

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