UBS pushes back as Switzerland proposes an $18-billion net capital hike to prevent another Credit Suisse-style crisis.

The Swiss authorities said they would allow UBS to reduce its AT1 bond holdings by around $8bn, leaving it with an $18bn net ...

The combination of spending increases of over £25bn and an upward revision to the OBR’s borrowing forecast of just over £20bn ...

During cool Britannia, it was the place to be, but now even the Brit Awards are abandoning the capital. As its young ...

The UK government U-turn on providing winter fuel payments to pensioners is among the latest factors triggering concerns of ...

In this opinion, Chiechefulam Ikebuiro analyses how President Tinubu's partnership with top Nigerian billionaires may shape ...

No longer content with being just a telecom provider, Turkcell is transforming itself into a comprehensive digital ecosystem.

When the central bank does its bit, the rest of the system must respond. So far, the response has been cautious, patchy and ...

Kenya’s 1.5% crypto tax could disrupt Africa’s fintech ecosystem, forcing startups abroad and weakening AfCFTA’s digital ...

The acquisition further strengthens L’Oréal’s position in science-driven skincare, while Medik8 will be able to leverage the ...

Elon Musk’s alleged effort to integrate stablecoin payments into X through “X Money” faces mounting pressure as his public ...

For years, there was no political payback in increased defence spending, so governments didn’t bother. Much has changed ...