UBS on Wednesday beat bottom line expectations as the lender seeks to rein in steep share declines that have cost it the crown of continental Europe’s largest bank amid sweeping U.S. tariffs.
Pedestrians walk past an Itau Unibanco Holding SA bank branch in Sao Paulo, Brazil. Patricia Monteiro/Bloomberg | Bloomberg | Getty Images Investors have been piling into emerging market bonds as Treasurys’ long-held reputation as a safe haven took a beating following U.S. President Donald Trump’s “reciprocal” tariffs. Emerging market local currency bond yields slid by…
Pacers guard Tyrese Haliburton was so excited about Indiana’s improbable overtime rally that he didn’t realize what led to the postgame scuffle between his teammates and the Milwaukee Bucks on Tuesday night. Then he got to the locker room, watched the replay and winced when he saw his father, John, on the court, confronting two-time…
Pakistan’s information minister says that the country has “credible intelligence” that India intends to launch a military strike within the next 24 to 36 hours. Attaullah Tarar’s comments come after India accused Pakistan of supporting militants behind an attack in Indian-administered Kashmir that killed 26 tourists last week. Islamabad rejects the allegations. Tarar said that…
Jayson Tatum had 35 points, 10 assists and eight rebounds, and the Boston Celtics pulled away after Magic star Paolo Banchero went to the bench with five fouls, beating Orlando 120-89 in Game 5 of their first-round playoff series on Tuesday night to advance to the Eastern Conference semifinals. The defending NBA champions will play…
A Reserve Bank rate cut on 20 May appears locked in as new data shows the key measure of underlying inflation has dropped below 3% for the first time in three years. Headline inflation – which includes the impact of government cost-of-living policies such as rebates – held steady at 2.4% in the year to…
LIANYUNGANG, CHINA – APRIL 11, 2025 – A worker produces plush toys for sale to countries along the Belt and Road at a toy company’s production line in Lianyungang, Jiangsu province, China on April 11, 2025. Cfoto | Future Publishing | Getty Images China’s manufacturing activity fell more than expected to a near two-year low, sliding…
Shoppers and pedestrians walk past a Shiels store at Rundle Mall in Adelaide, Australia, on Thursday, Feb. 11, 2021. James Bugg | Bloomberg | Getty Images Australia’s first-quarter inflation rose 2.4% compared to the same period last year, staying at a four-year low. This was higher than the Reuters expectations of a 2.3% climb, and…
Tyrese Haliburton and the Indiana Pacers stole one from the Milwaukee Bucks on Tuesday night. Indiana forced two turnovers in the final 29 seconds of overtime, and Haliburton blew past Giannis Antetokounmpo for the go-ahead layup with 1.3 seconds left to give the Pacers a 119-118 victory and a 4-1 series win. The Pacers closed…
Morgan Gisholt Minard BBC News Reporting fromin Warren, Michigan Helena Humphrey Reporting fromin Atlanta, Georgia Watch: Trump touts second term in speech marking first 100 days US President Donald Trump has celebrated the 100th day of his second term in office with a campaign-style speech, touting his achievements and targeting political foes. Hailing what he…
