News

Mercedes-Benz warns on cars margin, shares fall after cautious Q2 update
In response to the call, UBS analysts revised down their FY25 EBIT estimate for the cars division to €1.2 billion, reflecting ...
Dollar falls to multi-year lows; rate cuts, trade deals and tax bill in focus
The U.S. currency has fallen to multi-year lows, pressured by increasing expectations that the Federal Reserve will cut ...
UBS expects CTAs to buy stocks, reduce USD exposure
“CTAs have no other option than to buy, and in size,” the team added, estimating that they could add $40-50 billion to their ...
U.K. bank deposits rise in May, mix stable amid rate cut: UBS
Despite the Bank of England’s rate cut in May, the overall deposit rate in the U.K. decreased only slightly, falling 3 basis points to 2.20% from 2.23%. The deposit beta, which measures how much of ...
The Dalai Lama, a tireless advocate for Tibet and its people
Tenzin Gyatso, the 14th Dalai Lama, fled into exile in India in 1959 with thousands of other Tibetans after a failed uprising against Chinese rule. Since then, he has advocated for a non-violent ...