The Latest Breaking News from UBS

The stock market closed the last trading session of May in the red, underscoring inflation fears and rising oil prices. Furthermore, strategists expect the broad market to decline further, given the inflationary pressures and the Fed’s monetary tightening. Hence, we think stocks that have outpaced the broader market so far…

The Kraft Heinz Co (NASDAQ: KHC) shares are trading lower Thursday following bearish analyst coverage from UBS.

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Switzerland's highest court has dismissed an appeal by a former UBS banker convicted in absentia of espionage for selling information about wealthy clients to German tax authorities.

As interest rates rise, almost 300,000 people who took large and risky home loans during the pandemic could fall into severe financial hardship or even default.

Exclusive: Government has withheld financial support for squeezed households, thinking they could rely on savings, Whitehall sources say

Shares of Comcast fell as much as 8% in morning trading, before closing down just over 6% at $41.70, after the Philadelphia-based media giant reported a slowdown in new subscribers, as it spends more to lure them.

UBS has decided to maintain its Buy rating of Alphabet (NASDAQ:GOOGL) and lower its price target from $3850.00 to $3600.00. Shares of Alphabet are trading down 3.63% over the last 24 hours, at $2286.75 per share. A move to $3600.00 would account for a 57.43% increase from the current share…

Some Wall Street banks slashed their profit estimates for Chinese companies, citing the recent Covid resurgence and subsequent lockdowns, Bloomberg reports. China's Covid Zero policy has dealt a heavy blow to the economy, as stringent restrictions pressure supply chains and chill consumption.  A week-long lockdown that shut down much of Shanghai…