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UBS cuts 10,000 jobs as it slims down investment bank arm

YoopyaOct 30, 20120

Swiss bank UBS has announced it is cutting 10,000 jobs worldwide as it slims down its investment banking activities. The jobs will go over the

Wall Street turns negative as early gains fade

YoopyaOct 25, 20120

(Reuters) – Stocks erased early morning gains and turned negative, weighed down by declines in the materials and telecom sectors. The Dow Jones industrial average dropped 21.92

Chavez to Obama: I’d vote for you, and you for me

YoopyaOct 1, 20120

* Both men seeking re-election in imminent ballots * Socialist Chavez has kind words for U.S. leader * Political ties remain strained despite oil trade

Insight: As cotton surged, China trader amassed $510 million bet

YoopyaSep 27, 20120

(Reuters) – A landmark U.S. fine for excessive speculation in the benchmark cotton futures market has revealed a startling new dimension to last year’s blistering

Analysis: Keeping it in the family pays

YoopyaSep 19, 20120

(Reuters) – With all the booms, busts, policy fixes and financial turbulence of recent years, investors would have done well to keep it in the

Apple CEO Tim Cook says chose legal action “reluctantly”

YoopyaAug 26, 20120

(Reuters) – Apple Inc (AAPL.O) decided to take its patent infringement battle to the courts only after “repeatedly” asking close component partner and arch-rival Samsung

Special Report: Philippines’ black market is China’s golden connection

YoopyaAug 23, 20120

(Reuters) – Erich Mulato walked out of a dingy workshop in this mountain village and into a gold shop next door, clutching a handful of

Fed easing hopes lift shares, weigh on dollar

YoopyaAug 23, 20120

(Reuters) – Signals from the U.S. Federal Reserve that another dose of stimulus measures could come “fairly soon” lifted global shares on Thursday and pushed

Global shares dip, Treasuries rally on Japanese data

YoopyaAug 22, 20120

(Reuters) – Global stocks slipped from 3-1/2 month highs on Wednesday and government bond yields fell after weak Japanese exports data revived worries about world

Nomura CEO to quit over insider trading scandal

YoopyaJul 26, 20120

(Reuters) – Nomura Holdings Inc (8604.T) will appoint securities unit head Koji Nagai as its new CEO on Thursday, two sources with knowledge of the