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The former chief executive of South African state power firm Eskom, Andre de Ruyter, said on Wednesday that a previous estimate he gave that 1 billion rand ($55 million) was being stolen from Eskom every month was conservative. ....
UBS said on Tuesday it had set aside more money to draw a line under its involvement in toxic U.S. mortgages, halving its first-quarter profit as the bank girds itself for the "hard" task of swallowing fallen rival Credit Suisse . ....
Nasdaq Inc on Friday said its board appointed Tal Cohen and Nelson Griggs each as presidents, formalizing the corporate structure the transatlantic exchange operator recently put in place to boost its efforts in major growth areas, like anti-financial crime software. ....
Meta Platforms Inc executive Steve Hatch will be named as the top boss of British online market research company YouGov Plc this week, Sky News reportedon Thursday. ....
UBS Group AG will on Wednesday seek to reassure shareholders that its unexpected takeover of rival Credit Suisse Group AG in the biggest bank rescue since the last global financial crash can work. ....