BEIJING / WAM China has reported robust progress in its industrial development this year, marked by significant milestones in several sectors, according to the Chinese newspaper Peoples Daily Online. The nation’s first domestically-produced large cruise ship has wrapped up its maiden test voyage, with plans for its official naming and delivery by year’s end. Further consolidating its aerospace credentials, two …

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 …

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 …