If record vinyls and iTunes can co-exist in the Technological Age, Wi-Fi will allow ocean liners a slice of the airlines’ global travel monopoly
The alleged rogue trades have killed any remaining ambitions UBS might have to compete with the titans of Wall Street.
The new interim boss of UBS has been charged with reorganising its investment bank, a task which will take two to three years to complete.
UBS’s chief executive Oswald Gruebel resigned on Saturday, taking the blame after its banking business lost $2.3-billion in alleged rogue trading.
Swiss banking giant UBS’s boss does not feel guilty about the $2-billion rogue trading that occurred in his bank and isn’t resigning.
Pressure is mounting on bosses of Swiss bank giant UBS to quit for failing to prevent a $2-billion trading loss.
Ethical consumerism is on the rise. Do ethical companies really trump the rest? Research suggests they do, and investors want to follow the money.
Switzerland was feeling the heat on banking secrecy on Friday after the US stepped up its high-stakes tax probe against the biggest Swiss bank, UBS.
Record high oil prices at a barrel deepened worries about inflation on Thursday and weighed on some Asian stocks although Japanese shares ended slightly higher, as dealers…
UBS will cut 5 500 jobs in one the biggest purges seen so far in the financial markets crisis, as the Swiss wealth-management titan slashes at the investment bank that plunged it…
Increasing confidence that the worst of the credit crisis is over boosted world stocks on Monday while inflation concerns grew with oil prices heading towards a barrel. Investors…
Oil set a record above a barrel on Thursday as a drop in United States gasoline inventories raised concern of tighter supply and a weak dollar boosted investor demand for…
Seretse Khama Ian Khama was inaugurated as Botswana’s President on Tuesday, inheriting a rare political and economic success story. Just next door, millions of Zimbabweans…
A charm offensive by Jacob Zuma may not be enough to dispel deep investor anxiety over whether he will be able to take charge of Africa’s biggest economy, even though he has won…
An affiliate of United States-based buyout firm Carlyle Group has defaulted on about ,6-billion of debt and expects its lenders to seize remaining assets as the global credit…
President Thabo Mbeki will strive to show he is still in charge of the country on Friday when he makes his first State of the Nation address since being ousted as leader of the…
Fresh write-offs at big European and Japanese banks on Wednesday drove investors’ attention firmly back onto the credit crunch after days gazing at Société Générale’s stunning…
The government is expected to outline its plans to deal with the country’s electricity crisis on Friday. Minister of Minerals and Energy Buyelwa Sonjica and Public Enterprises…
French bank Société Générale (SocGen) disclosed one of the biggest alleged frauds in financial history on Thursday, adding to a wave of gloom surrounding world markets battered…
Recent power cuts in South Africa have enraged the public, raised questions over future investment in Africa’s biggest economy and increased scepticism in the country’s leaders…
