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UBS axes jobs and sells assets

Τρίτη, 06 Μαΐου 2008 21:34

Swiss-based UBS to cut 5,500 jobs and sell $15 billion portfolio of sub-prime mortgages to U.S. asset manager Blackrock.- European shares mostly weaker - Oil hits new record above $121 a barrel - Adidas profits climb despite weak quarter at Reebok - Microsoft says it's moving on from Yahoo - Egypt reels from further steep price rises in fuel Basmah Fahim reports.


Reuters