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The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018.

UBS Names New Manager For Embattled Asia Fund

UBS Group AG has appointed a new manager to oversee a $2 billion Asian high yield fund, the Swiss bank said in a statement, after a five-month hiatus in top leadership at the fund that was hit hard by China's property sector debt crisis.
Elon Musk talks at the Automotive World News Congress at the Renaissance Center in Detroit, Michigan, January 13, 2015.

Elon Musk Makes $43 Billion Cash Takeover Offer For Twitter

Billionaire entrepreneur Elon Musk took aim at Twitter Inc with a $43 billion cash takeover offer on Thursday, with the Tesla CEO saying the social media company needs to be taken private to grow and become a platform for free speech.
The logo of French luxury group Hermes is seen at a store in Zurich, Switzerland February 17, 2021.

Hermes Upbeat On China As Strong U.S., European Demand Buoys Sales

Sales at Birkin bag maker Hermes beat estimates in the first quarter, lifted by strong appetite for its luxury accessories, particularly in the United States and Europe, as the sector powers through turbulence from the war in Ukraine and COVID lockdowns in China.
The logo of French luxury group Hermes is seen at a store in Zurich, Switzerland February 17, 2021.

Hermes Q1 Sales Rise 27% At Constant Exchange Rates

Sales at Birkin bag maker Hermes beat estimates in the first quarter, lifted by strong appetite for its luxury accessories, particularly in the United States and Europe, as the sector powers through turbulence from the war in Ukraine and COVID lockdowns in China.

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