Now playing Next Business UBS returns to profit for the first time since Credit Suisse takeover The Swiss banking giant's shares were up more than 9% after the earnings report. 07/05/2024
Now playing Next Markets Weekly round-up: Markets at crossroads following ECB’s rate-cut hint The European stock markets will likely end the week in the red for the second straight week due to surging bond yields, despite the European Central Bank’s hint for a June rate cut. 12/04/2024
Now playing Next Lifestyle Watches and Wonders 2024: How watchmakers are setting themselves apart From the most complicated watch ever made to the thinnest, brands are outdoing themselves at Watches and Wonders in Geneva. We asked some exhibiting maisons about the timepieces that set them apart. 12/04/2024
Now playing Next Markets How Bitcoin and AI are going to transform our lives in 10 years Euronews caught up with Yves Holenstein from Bitcoin Suisse AG to learn how the largest cryptocurrency is about to be part of our day-to-day lives in the next few years. 03/04/2024
Now playing Next Markets UBS stock rises as Swiss banking giant launches €1.8bn share buyback UBS stock rose on Tuesday morning as the Swiss banking giant announced in a statement on its website that it was launching a share buyback of $2 billion (around €1.8bn) over the next two years. 02/04/2024
Now playing Next Economy Where in Europe has the most wealth inequality? Experts suggest that tax systems and home ownership rates play a significant role in the disparities of wealth between the rich and poor. Euronews takes a look. 01/04/2024
Now playing Next Business How much did Europe's best-paid bank boss earn last year? The highest amount went to Swiss bank UBS' CEO Sergio Ermotti, who has overseen the government-brokered rescue of Credit Suisse. 28/03/2024
Now playing Next Business Swiss bank chief Thomas Jordan resigns after more than a decade The longest-serving major central bank governor will step down after a 12-year stint with the SNB. 01/03/2024
Now playing Next Business EU Policy. Bank crisis fund is now full, agency chief says Eurozone banks have been pouring billions a year into a controversial EU fund designed to limit taxpayer bailouts – but it still might not be enough, a senior official said. 13/02/2024
Now playing Next Business Swiss banking giant UBS sees hopeful future, despite present losses The Swiss bank has reported pre-tax losses in the last three months of 2023 but has impressive goals, including raising dividends. 06/02/2024
Now playing Next Business HSBC hit with £57 million fine for not protecting deposits HSBC neglected to adequately protect customer deposits from around 2015 to 2022, leading to the PRA issuing its second largest fine ever. 30/01/2024
Now playing Next Lifestyle Hermès heir plans to adopt former gardener to share immense fortune With a fortune estimated between 9 to 10 billion Swiss francs, Puech, who is single and childless, aims to rewrite his will and share a portion of his immense wealth with his former gardener. 05/12/2023
Now playing Next Economy Swiss economy grows as services sector provides support The Swiss economy grew in the third quarter of 2023 with help from the services sector, although manufacturing continues to drag. 01/12/2023
Now playing Next Lifestyle Grand Prix d’Horlogerie de Genève: Audemars Piguet wins Aiguille d’Or The Grand Prix d’Horlogerie de Genève award ceremony is the pinnacle of the Swiss watch industry calendar, where the crème de la crème of watchmakers presents their best timepieces. 09/11/2023
Now playing Next Business UBS shares up by 4% despite $785 million loss following Credit Suisse UBS shares were up by 4% as the Swiss banking giant cut costs faster than expected while moving forward with its merger with rival Credit Suisse. 07/11/2023
Now playing Next Lifestyle Watch enthusiasts switch gender stereotypes in favour of variety Despite women owning and wearing watches since the 19th century, it’s still a sector that’s heavily focused on the male market. That, however, is changing. 07/11/2023
Now playing Next Focus World's top watchmakers vie for the coveted Aiguille d'Or in Geneva The countdown is on for the Grand Prix d'Horlogerie in Geneva, where 90 timepieces are in the running for 20 prizes, including the renowned Grand Prix de l'Aiguille d'Or. 27/10/2023
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