LONDON — UBS on Tuesday reported a fall in quarterly profit, but beat analyst expectations and set ambitious new profitability targets as part of a strategic update.The Swiss bank posted net profit attributable to shareholders of $1.35 billion for the fourth quarter. This was down from $1.64 billion a year earlier, and also lower than…
Stock futures edged lower Tuesday morning, following a wild January on Wall Street that saw investors struggle with a Federal Reserve policy shift.Futures on the Dow Jones Industrial Average fell 33 points. S&P 500 futures traded 0.2% lower, and Nasdaq 100 futures were little changed.Investors were awaiting more key earnings reports, with ExxonMobil due before…
Mike Lynch, former CEO of Autonomy.Hollie Adams | Bloomberg via Getty ImagesLONDON — Mike Lynch, one of the U.K.’s most notable tech entrepreneurs and a man that has often been referred to as “Britain’s Bill Gates,” is on the brink of being extradited to the U.S. to face criminal charges related to the sale of…
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