UBS cuts mid-term guidance after missing 2019 targets


UBS Group AG has cut its mid-term guidance after missing its key targets for 2019. The results come as the Swiss bank UBS, -0.45% UBSG, +0.55%  , one of the world’s largest wealth managers for rich clients, is revamping its investment bank and wealth management arms, shedding jobs and reorganizingRead More →

China Targets FedEx in ‘Warning’ to U.S. By Bloomberg


© Reuters. China Targets FedEx in ‘Warning’ to U.S. (Bloomberg) — China targeted FedEx Corp (NYSE:). in its escalating trade war with the U.S., giving a hint of which foreign companies it may blacklist as “unreliable.” With Chinese officials due to announce their position on trade talks with the U.S. onRead More →