Switzerland's UBS soundly beat market expectations with a record profit in the third quarter of the year, putting the world's seventh-largest bank within sight of its best-ever full-year figures. Third-quarter net profit rose 71 percent

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Switzerland's UBS soundly beat market expectations with a record profit in the third quarter of the year, putting the world's seventh-largest bank within sight of its best-ever full-year figures. Third-quarter net profit rose 71 percent

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US conglomerate General Electric Co said on November 01, it had won a big contract to supply 300 train locomotives to China to help in the booming country's bid to modernise its vast rail network.

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National Bank of Abu Dhabi (NBAD), the largest bank by assets in the United Arab Emirates, is looking to launch its debut eurobond by year-end as part of a $5 billion borrowing plan, a senior

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National Bank of Abu Dhabi (NBAD), the largest bank by assets in the United Arab Emirates, is looking to launch its debut eurobond by year-end as part of a $5 billion borrowing plan, a senior

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Syria is planning to scrap a 49 percent foreign ownership limit on banks in a push to accelerate free-market reforms after decades of socialist rule, bankers said on November 02. They said an amendment to

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Germany's Postbank, which is buying mortgage lender BHW for almost 1.8 billion euros ($2.17 billion), sees little change in results next year, its chief executive was quoted as saying in a German newspaper. "We will

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Germany's Postbank, which is buying mortgage lender BHW for almost 1.8 billion euros ($2.17 billion), sees little change in results next year, its chief executive was quoted as saying in a German newspaper. "We will

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South Africa's bourse is expected to keep its gains this week around a new peak, while market players will keep an eye on results from brewer SABMIller and cement firm PPC for possible surprises. "We're

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Malaysian share prices are expected to trade within a tight range in the week ahead with investors adjusting their positions to make-up for lost trading days due to public holidays, dealers said. They said given

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