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UBS earnings q3 2019

UBS earnings q3 2019

Swiss-lender UBS saw a 16% drop year-on-year in its third-quarter profit and a 59% slump in investment banking amid a “challenging environment.” The bank’s net profit attributable to shareholders for the third quarter came in at $1.049 billion. This is lower than the $1.2 billion figure reported in the same quarter in 2018. Here are […]

East Africa: Abyei – Sudan and South Sudan’s New Chance to Solve Old Disputes

East Africa: Abyei – Sudan and South Sudan’s New Chance to Solve Old Disputes

In the excitement around Sudan’s evolving political order and the concerns around South Sudan’s challenges, less attention has been paid to some long-standing contentious issues that have the potential to create new havoc. One of those issues is the disputed area between Sudan and South Sudan known as Abyei. The opportunity presented by the establishment […]

Two-thirds of young single parents to lose out under universal credit, think tank warns

Two-thirds of young single parents to lose out under universal credit, think tank warns

Two-thirds of young single parents are set to lose welfare support under universal credit, according to a new report which raises concerns that soaring child poverty rates are set to increase further. Research by the Resolution Foundation has found that parents under the age of 25 are more than twice as likely to lose out than to gain when moving […]

Cyber Monday to excite holiday shoppers more than Black Friday

Cyber Monday to excite holiday shoppers more than Black Friday

Shoppers cram into a Macy’s store ahead of the holidays. Charles Sykes | AP With online shopping gaining ground year after year, Cyber Monday now surpasses Black Friday as the preferred day for deals around the holiday season, for all age groups from Gen Z to seniors, according to a new study. Deloitte said overall […]

Hong Kong man who planted needles in bus seats sent for mental assessment, Asia News

Hong Kong man who planted needles in bus seats sent for mental assessment, Asia News

A Hong Kong man who admitted to planting needles in bus seats to hurt passengers because he claimed the drivers were skipping stops has been sent for a mental evaluation. District judge Frankie Yiu Fun-che on Monday ordered psychiatric and psychological assessments and a background report on Mok Cham-sum, 32, after the unemployed man pleaded […]

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