Fidelity to allow retirement savers to include bitcoin in 401(k) accounts - WSJ

Fidelity Investments will allow investors to add a bitcoin account to their 401(k) retirement savings and investment plans, the Wall Street Journal reported on Tuesday.

newspaper

26-04-2022

European stocks bounce back on earnings support

(Reuters) -European shares breathed a sigh of relief on Tuesday as earnings from companies including Swiss bank UBS and shipping giant Maersk boosted sentiment, following an equity sell-off in the previous session driven by global growth fears.

newspaper

26-04-2022

Santander beats profit forecast as European revenue surges

Spain's biggest bank Santander reported a surge in first-quarter profit on Tuesday and reiterated financial targets for 2022, buoyed by higher revenues in Europe which offset rising costs in South America.

newspaper

26-04-2022

UBS trades way through first quarter to land best profit in 15 years

ZURICH (Reuters) -UBS rode strong trading income to post its best first-quarter net profit in 15 years on Tuesday, while signalling its wealth management clients will continue to remain cautious in the coming months due to geopolitical and macro-economic uncertainties.

newspaper

26-04-2022

Global airline capacity hits 2022 high as China demand rebounds - OAG

Global airline capacity has surged to its highest level in 2022 this week because of a rebound in Chinese domestic demand despite extended lockdowns in Asia's biggest aviation market, travel data firm OAG said on Tuesday.

newspaper

26-04-2022

European stocks bounce as earnings lend support

European shares breathed a sigh of relief on Tuesday, as earnings from companies including UBS and Maersk boosted sentiment, following an equity sell-off in the previous session driven by global growth fears.

newspaper

26-04-2022

Novartis income edges higher on strong Sandoz, Entresto

(Reuters) -Novartis said on Tuesday its first quarter core operating income rose 3%, helped by a rebound at generic drugs unit Sandoz and a surge in prescriptions for heart failure treatment Entresto.

newspaper

26-04-2022

UBS posts best Q1 profit in 15 years, bolstered by trading growth

ZURICH (Reuters) -UBS posted its best first-quarter net profit in 15 years on Tuesday with a 17% jump on the back of strong trading, upending expectations for a fall amidst uncertainties over the war in Ukraine. The $2.14 billion net profit for the March quarter outpaced average expectations for $1.79 billion in a poll of 21 analysts compiled by the Swiss bank.

newspaper

26-04-2022

Indonesia may widen palm export ban to combat shortages

Indonesia is prepared to widen its ban on exports of refined palm olein if it faces domestic shortages of derivatives used in the production of cooking oil, according to details presented at a meeting between government and industry officials.

newspaper

26-04-2022