INVESTMENT

UBS won't stem withdrawals soon as Q3 disappoints

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Swiss bank UBS does not expect to win back assets from rich clients any time soon as it struggles to rebuild its reputation after a bitter U.S. tax row even as its underlying performance improves.

Stock futures off as Europe banks offset Burlington deal

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U.S. stock index futures fell on Tuesday as the deal by Warren Buffett's Berkshire Hathaway to buy railroad company Burlington Northern was offset by poor results from Swiss lender UBS and a shake-up at two big British banks.
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Senator demands Cigna clarify premiums, claims

For-profit insurance companies use a smaller amount of premium dollars on medical claims than consumers are being told, according to a Senate analysis of data filed with insurance regulators.
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Global stocks fall on stimulus worries

World stocks dipped toward the previous session's four-week lows on Tuesday as investors continued to fret over the early removal of government stimulus, particularly in the financial sector.
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Asian shares ease ahead of Fed

The dollar slid on Tuesday, pushing gold prices to near record highs, while Asian stocks eased as investors awaited policy announcements from some key central banks this week for clues on the timing of eventual shifts in policy.
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Oil gains, dollar falls after strong data

Crude oil rose and the dollar fell on Monday on strong worldwide factory data and a surprise jump in U.S. pending home sales, but U.S. stocks see-sawed before ending higher after a sell-off in banking shares.
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Ruiz to step down as Globalfoundries chairman

Hector Ruiz will step down as chairman of chip maker Globalfoundries, following reports linking the former Advanced Micro Devices chief executive to the largest insider trading scheme in decades.
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Temasek eyes AXA China stake, valued at $1.05 billion

Singapore's state investor Temasek, Blackstone Group and KKR are among the firms expected to submit bids soon for AXA's stake in China's No.4 life insurer Taikang, sources said, an investment AXA values at $1.05 billion.
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FTSE up 0.6 pct as miners, oils bounce

Britain's top share index rose 0.6 percent in mid-session trade on Monday supported by gains from miners and oils after bullish economic data, which offset weaker defensive stocks.
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U.S. stock futures signal rebound after selloff

* U.S. stock index futures pointed to a higher open on Wall Street on Monday, signalling a rebound after the previous session's steep losses, with futures for the S&P 500 SPc1 up 0.74 percent, Dow Jones DJc1 futures up 0.68 percent and Nasdaq 100 NDc1 futures up 0.02 percent at 0912 GMT.
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Stock futures signal rebound on Wall Street

Stock index futures pointed to a higher open on Wall Street on Monday, signaling a rebound after the previous session's steep losses, with futures for the S&P 500 up 0.74 percent, Dow Jones futures up 0.68 percent and Nasdaq 100 futures up 0.02 percent at 4:12 a.m. EST.

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