Credit Suisse

Video captures tragic moment bus kills Citi Biker

Just-released videos show the tragic moment a Coach USA bus bus barreling down a Chelsea Street strikes a Citi Bike rider and fatally crushes him …

New York City

Chinese Maker of TouchPal Keyboard CooTeck Lowers US IPO Target To $57M

Chinese artificial intelligence (AI)-powered mobile internet firm CooTek, best known for keyboard application TouchPal, is seeking US$57 million in a …

NYSE

AkzoNobel expands Spanish decorative paint footprint

Akzo Nobel (OTCQX:AKZOY +2.9%) has acquired Xylazel, a 100% subsidiary of Pharma Mar (OTCPK:PHMMF), strengthening its business and becoming a leader …

AkzoNobel

Credit Suisse: Private apartments projected to be a better store of value than HDB resale flats

A Credit Suisse report published on Wednesday (19 Sep) predicted an increase in the price difference between private apartments and Housing and …

The City

Coal’s Price Conundrum Betrays an Invisible Hand

What on earth is happening in the Pacific coal market?<p>Benchmark coal at Australia’s Newcastle port has been on a tear in recent months. Prices of high-quality fuel with a heating value of 6,000 kilocalories per kilogram are up by one-fifth over the past six months and haven’t fallen much from the …

Coal

A house full of Banksys: at home with Jay Rutland and Tamara Ecclestone

In some houses, it is perfectly normal to walk into a room and find silver picture frames filled with family photos on display. Step inside Jay Rutland’s home, near London’s Kensington Gardens, and you’ll see that this interior decoration tip has been taken to the nth degree.<p>They’re everywhere, on …

Property (UK)

MOVES-Technology investment bank Qatalyst hires Zweig from JPMorgan

Sept 20 (Reuters) - Technology-focused investment bank Qatalyst Partners has hired Ethan Zweig, a JPMorgan Chase & Co managing director, to join its San Francisco-based banking team.<p>Qatalyst, founded by investment banking veteran Frank Quattrone and headed by former Credit Suisse Group AG banker …

Software

Avaloq Hires CS Banker

<b>Avaloq identified customer satisfaction as the key component enabling future growth of its business. The Swiss banking software provider has hired a</b> …

Wirtschaft Schweiz

Singapore market still singing trade war blues

BEGUN, the trade war has. And the wall of tariffs dividing the US and China could stretch well beyond 2019, pundits say, making bargain hunting in …

Tariffs

Tech Redefined: S&P 500 Companies Worth $2.7 Trillion Change Sectors Friday

Get ready for a frenzied day of trading on Wall Street.<p>Investors on Friday will have to contend with the scheduled rebalancing of several major indexes, and the expiration of heavily traded futures and options contracts, a quarterly collision that traders call “quad witching.” That’s in addition to …

ETFs

Personal Finance News, Investing Advice, Business Forecasts

Slide Show<p>7 Low-Cost Gold ETFs<p>By , Senior Investing Editor | September 19, 2018<p>Getty Images<p>Gold investors typically tout several virtues of the …

ETFs

Mylan, Fujifilm score EU thumbs-up for Humira biosimilar, putting more pressure on AbbVie

AbbVie and its investors have been fretting over the potential impact of biosimilar competition to Humira—the world’s top-selling drug, with more …

Pharma

A robot revolution is under way at the ‘world’s factory’. Here’s why

Amid the sprawl of drab, dusty concrete factories in Shunde district in the southern Chinese city of Foshan, one gleaming new structure stands …

China

CVC selects banks to lead Domestic & General float, say sources

Private equity firm <b>CVC</b> has chosen <b>Barclays</b> (BARC.L), <b>Bank of America Merrill Lynch</b> (BAC.N) and <b>Credit Suisse</b> (CSGN.S) to lead the initial public …

Bank of America

Companies Stockpile Drugs, Chocolate as They Brace for ‘Hard’ Brexit

Airbus is asking suppliers to keep extra parts, BMW plans a shutdown ahead of expected divorce between U.K. and EU<p>By<p>Saabira Chaudhuri and<p>Saabira Chaudhuri<p>The Wall Street Journal<p>Biography<p>@saabirac<p>Google+<p>Saabira.Chaudhuri@wsj.com<p>Robert Wall<p>Robert Wall<p>The Wall Street …

Administrative Law

Credit Suisse hikes Woodside target price

A provisional agreement for Woodside to sell 2.4 million tonnes of LNG to Germany's Uniper over four years is being taken as a sign of the Australian …

The City

Swiss Paradox: Booming Economy, Negative Interest Rates

Unlike the Fed, the Swiss central bank isn’t increasing rates despite strong growth; Norway raises rates for first time in seven years<p>At a time when most rich countries are following the U.S. Federal Reserve in moving away from crisis-era policies, Switzerland stands apart.<p>Its central bank on …

Economics

Valuation on Fortune Brands Home & Security seen as attractive

Credit Suisse updates on Fortune Brands Home & Security (FBHS +0.1%) after meeting with management.<p>"We left confident in its strategy heading into …

The City

Danske Bank could be fined $8 billion after its huge money laundering scandal, analysts say

The scandal surrounding the Estonian arm of Denmark's biggest lender, Danske Bank, is one of the biggest in the financial sector in many years.<p>Danske Bank admitted on Wednesday that as much as $235 billion of transactions flowing through its Estonian branch between 2007 and 2015 may have been …

Business

VC-backed BlueRock Therapeutics adds Kovas to C-suite team

Toronto, New York and Cambridge, Massachusetts-based <b>BlueRock Therapeutics LP</b>, a cell therapy company, has appointed <b>Shane Kovacs</b> as both chief …

Investing

Why FedEx Stock May Fall Further on U.S.-China Trade War

Shares of FedEx Corp. (FDX), already lagging the market this year and plunging 5% on Tuesday, may fall further as the U.S.-China trade war bites into …

S&P 500

ETFs will need to trade more than $20B to reflect revamped indexes: WSJ

Two large index providers are changing classifications of a number of companies to reflect changes in the global economy and that will lead to …

ETFs

Envision’s US$5.05bn loan marks jumbo buyout trio

NEW YORK (LPC) - The US$5.05bn term loan for Envision Healthcare is the third massive leveraged loan to hit the market since September and also looks set to benefit from huge institutional demand which has already seen multibillion buyout loans for Thomson Reuters’ F&R business, Refinitiv, and Akzo …

Investing

European Banks Are Now Offering Highest Payout Since 2008 Crisis

Pay attention to battered and “unusually attractive” European banking stocks, says Credit Suisse Group AG.<p>European banks are offering the highest …

The City

Akzo Nobel loans break for trading

© Reuters. Akzo Nobel loans break for trading<p>By Yun Li<p>NEW YORK, Sept 20 (LPC) - The US$6.44bn in term loans backing Carlyle Group (NASDAQ:CG) and …

AkzoNobel

SunPower upgraded at Credit Suisse after solar tariff exemption

SunPower (SPWR +3.6%) adds to yesterday's strong gains after Credit Suisse upgrades shares to Outperform from Neutral with a $10 price target, raised …

The City

U.S. Gas Still a No-Go for Chinese Buyers Despite Weaker Tariff

Even with China’s smaller-than-threatened tariff on U.S. natural gas, American cargoes may still be kryptonite for Chinese traders trying to navigate …

Natural Gas

Trump administration levies new tariffs on Chinese solar inverters

Dive Brief:<p>President Donald Trump on Monday announced new tariffs on a variety of Chinese goods, including inverters used in solar panels throughout …

Trump Administration

S&P sector reshuffle may do little for telecom stocks

© Reuters. FILE PHOTO: The AT&T logo is seen on a monitor on the NYSE floor.<p>By Sinéad Carew<p>(Reuters) - The S&P 500's three-company telecommunications …

S&P 500

FOREX-Dollar slips vs euro, Aussie as investors discount trade tensions

* Dollar slips vs risk-sensitive Aussie<p>* Sterling erases early gains as traders eye EU summit (New throughout, updates prices, market activity and comments)<p>By Saqib Iqbal Ahmed<p>NEW YORK, Sept 19 (Reuters) - The U.S. dollar edged lower against the euro and fell to the lowest in nearly three weeks …

NAFTA