BusinessLatest Business and Company Updates
Hedge funds lose on UK election shock, but man less than machines | Reuters
By Maiya Keidan and Jemima Kelly | LONDON LONDON Hedge funds lost out on Tuesday after British Prime Minister Theresa May shocked markets by calling a snap election, but those led
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Credit Suisse to make capital hike decision after AGM: report | Reuters
ZURICH Credit Suisse (CSGN.S) will not decide on how it wants to raise fresh capital until after this week's annual general meeting, SonntagsZeitung reported on Sunday.The Swiss bank is considering a quick-fire share sale or listing 20 to 30 percent
UPS sees higher profit as revenue grows | Reuters
NEW YORK United Parcel Service Inc (UPS.N) reported a higher quarterly net profit on Thursday as revenue grew across its domestic, international and supply chain and freight segments.
Zalando ponders opening stores in major cities: Manager Magazin | Reuters
BERLIN Online fashion retailer Zalando (ZALG.DE) is pondering opening stores in major cities such as London, Paris or Berlin, the company's co-chief executive told Germany's Manager Magazin."We have proper fans in the metropolises who spend much time with us and
