Bloomberg Artificial intelligence is coming for the service economy, according to Allstate Corp. CEO Tom …
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Fed stress test slaps Wall Street titans, unleashes record payout
Bloomberg Federal Reserve stress tests forced some of Wall Street’s top banks to rein in …
Read More »Draghi warns risks from trade war may be understated
Bloomberg European Central Bank President Mario Draghi warned European Union leaders that an escalating trade …
Read More »Employees at dozens of leading banks face German probe
Bloomberg Prosecutors in Cologne are preparing their first indictments in a tax-evasion probe involving some …
Read More »Kenya bank says Ethiopia ready for ‘take-off’
Bloomberg Kenya’s biggest bank is waiting eagerly for Ethiopia to open its closely guarded financial …
Read More »Credit Suisse cuts senior jobs in hedge fund unit
Bloomberg Credit Suisse Group AG has been reorganising its prime brokerage unit, cutting some jobs …
Read More »Oil surges to 3-year high as US stockpiles plunge
Bloomberg Oil rose to a level last seen in late 2014 after US crude stockpiles …
Read More »UAE, France keen to improve competitiveness of SMEs
PARIS / WAM The Ministry of Economy (MoE), represented by the International Centre for Patent …
Read More »UAE-Hong Kong trade grows to $10.9bn in 2017
HONG KONG / WAM The total trade between the UAE and Hong Kong increased to …
Read More »Trump trade threats turn Exxon, Chevron from backers to critics
Bloomberg Big oil is losing faith in President Donald Trump’s pledges to build the US …
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