Swiss banking giant UBS saw its net profits leap by almost five times last year to $4.9 billion (4.3 billion euros) despite "challenging conditions," it said Tuesday. UBS' 2017 results were hammered by US tax reforms that forced banks that operate in the United States to book...

British no-frills airline EasyJet on Tuesday said closure of London's Gatwick Airport before Christmas caused by reported sightings of drones had cost the group £15 million ($19.2 million, 17 million euros). EasyJet said it had lost £5.0 million in revenue and taken a hit of £10...

Asian markets on Monday built on last week's rally as investors cheered a report that China had offered to eliminate its massive trade surplus with the United States, while data showed Chinese economic growth hit forecasts in 2018. Regional equities picked up where they finished Friday...

The EU saw over 15 million new passenger car registrations in 2018, the European Automobile Manufacturers' Association (ACEA) announced on Wednesday. Last year's car registrations in the EU remained more or less stable compared to 2017, according to the association. "Due to falling...