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UBS CEO Sergio Ermotti.

UBS slammed a Financial Times journalist for ’embarrassing reporting’ and ‘agenda journalism’ after a minor mistake

The Swiss bank, which posted lower wealth-management and investment-banking profits, tweeted the attack to its 426,000 Twitter followers.

Singapore’s the most popular location for job seekers in Asia but locals aren’t keen on working abroad themselves: Report

According to the report, Singapore is more popular than other major markets including mainland China, Europe and North America.
Barclays' CEO Jes Staley arrives at 10 Downing Street in London, Britain January 11, 2018.

Disgraced financier Jeffrey Epstein reportedly had close ties to Barclays CEO Jes Staley and multiple Wall Street executives

Epstein was visited by one executive while serving time, sat on the board of another's family foundation, and attended a third's Thanksgiving party.

Goldman Sachs says we’re relying too much on manufacturing to measure the US economy

"We warn against putting excessive weight on ups and downs in manufacturing data," Goldman analysts say.

Philip Morris is betting on e-cigarettes and new flavors as it feels the heat from Juul and KT&G

The maker of Marlboro cigarettes wants to avoid getting smoked by its rivals.

Iran is squirrelling millions of barrels of crude oil in Chinese ports to avoid breaching US sanctions

Iran is safely storing its crude and freeing up its tankers, while China can tap the stockpile if supply is disrupted or sanctions end.
"The Lion King" (2019)

Disney stock jumps after ‘The Lion King’ and ‘Avengers: Endgame’ set box office records

Disney movies now make up five of the top six releases in 2019. Sequels to "Maleficent" and "Frozen" are set for release later in the year.

Oil is surging as traders brace for the UK’s response to Iran’s seizure of a British-flagged oil tanker

"Investors need to carefully watch the developments in Strait of Hormuz," one analyst wrote, as a fifth of global oil supply passes through it.

Stocks are jumping after two Fed officials signal rate cuts are coming — ‘it pays to act quickly’

"When you only have so much stimulus at your disposal, it pays to act quickly to lower rates at the first sign of economic distress."
Scoops Ahoy.

‘An unprecedented miss’: Here’s what Wall Street is saying about Netflix’s disappointing quarter

Analysts are torn over what Netflix's disappointing second-quarter earnings report means for the future of the company.