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October 2024

Number of unemployed people in Germany rises above estimates

BERLIN: The number of unemployed people in Germany increased by 27,000 in October, reaching 2.86 million, and going above the market estimates of a 15,000 increase, according to the country’s Federal Employment Agency (BA) on Wednesday.

The seasonall…

Swiss investment bank UBS announces $1.43B profit in Q3

BERLIN : Switzerland’s largest bank UBS Group AG announced a $1.43 billion in profit in the third quarter of the year on Wednesday, well above the estimated $740 million.

The high profit was attributed to the bank’s cost reduction efforts and increas…