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UBS doubles stock research for Credit Suisse wealth clients

BLOOMBERG UBS Group AG will double the coverage of single stocks that Credit Suisse wealth clients can access as it moves to integrate the two firms’ research offerings. The transition will enable Credit Suisse wealth clients to receive research from UBS’s team, expanding coverage to over 3,000 stocks, according to a memo sent to customers. That also means those clients ...

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European stocks decline on German data; euro jumps

BLOOMBERG European stocks fell amid weak German data and elevated oil prices that reignited concerns over inflation. The Stoxx 600 index retreated 0.6%, sliding for a sixth day after German factory orders plummeted in July, a sign that the woes of Europe’s biggest economy continued into the third quarter. The euro jumped as much as 0.2% against the dollar after ...

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UAE Leaders congratulate President of Singapore on election win

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a cable of congratulations to Tharman Shanmugaratnam on his election as the President of Singapore. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and ...

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