Funding & Business
UBS Met With US Officials as Bank Weighs Strategy Options: NYP
UBS Group AG executives recently met with officials from President Donald Trump’s administration as they evaluate a potential strategy shift that could help the Swiss bank combat stiffer capital requirements at home, the New York Post reported on Sunday.
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The US is in talks to set up a $5 billion fund to invest in mining, in what would be the government’s most significant foray into dealmaking to boost supplies of critical minerals.
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Thyssenkrupp AG said it has received a non-binding, indicative offer for its Steel Europe division from India’s Jindal Steel Limited.
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Coffee futures traded above $4 a pound amid renewed concerns that a possible La Niña could prolong dry weather in top grower Brazil, potentially threatening crops.
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