Finance

UBS chief’s surprise return to the Swiss banking giant bagged him a $15.9 million paycheck

UBS CEO Sergio Ermotti earned 14.4 million Swiss francs ($15.9 million) in 2023 after his surprise return at the helm…

China’s economy is on track for ‘strong’ March performance, survey says

BEIJING — China’s economy is ending the first quarter on a “strong” note, according to a business survey published by…

Crypto is ‘like cayenne pepper’ for investors, money manager says: ‘A little goes a long way’

Katherine Dowling has an analogy that may be useful for investors thinking of buying cryptocurrency like bitcoin and wondering what…

Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet

Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the…

The UK is regulating memes about crypto and other investments to curb scams from ‘finfluencers’

Britain’s financial services regulator announced guidelines for financial services companies and social media influencers making memes about cryptocurrencies and other…

China’s Xi meets U.S. executives as businesses navigate bilateral tensions

BEIJING — U.S. business leaders met with Chinese President Xi Jinping on Wednesday, the latest of Beijing’s efforts to bolster…