HONG KONG (Reuters) - Swiss bank UBS Group AG. (UBSG.S) has asked its China wealth management staff to reconsider their travel plans to the country after authorities there asked one of its bankers to delay her departure from Beijing to meet with local officials, a person familiar with the matter said.
NEW YORK (Reuters) - Another two to three interest rate increases from the Federal Reserve will likely put U.S. borrowing costs in “neutral” territory where it is neither stimulating nor restricting economic growth, Dallas Federal Reserve President Robert Kaplan said on Friday.
DETROIT (Reuters) - General Motors Co (GM.N) Chief Executive Mary Barra has transformed the No. 1 U.S. automaker in her almost five years in charge, but that is still not enough to satisfy investors.
(Reuters) - Apple Inc Chief Executive Tim Cook on Friday told an online news website that Bloomberg should retract a story that claimed Apple’s internal computer systems had been infiltrated by malicious computer chips inserted by Chinese intelligence agents.
NEW YORK (Reuters) - The U.S. benchmark S&P 500 stock index edged lower on Friday as strong earnings from Procter & Gamble Co (PG.N) were offset by ongoing concerns about rising