Stories about Finance

Feb 03 2016

UBS earnings rise, but shares plunge as investor money flees

The bank said its pretax, adjusted profit in its wealth and management arm fell by more than 192 million francs reaching just over 505.1 million francs during the quarter...

Feb 03 2016

Apple Reports Over 1Billion Active Devices

IPhone sales increased to 74.8 million units, compared with the typical 75 million forecast by analysts. But iPhone sales grew by just 0.4%, the slowest rate in ...

Feb 03 2016

Oil prices rise on hopes of production cuts

However, while a production cut would be welcome news for oil prices, which have flounder amid a supply glut and lower global demand, OPEC said it didn't have any plans t...

Feb 03 2016

RBA leaves cash rate on hold at 2% for February

Analysts don't expect Australia's central bank will move the 2 percent target cash rate, though the recent strength in the currency may attract rhetoric to try and talk d...

Feb 03 2016

Gmail boasts over 1 billion monthly active users

It was announced earlier today that the big company Google is celebrating 1 billion users on Gmail . While products like Search and YouTube have huge dominance ove...