UBS

The rupee is poised for a structural decline toward 94 against the US dollar by FY27, according to UBS Investment Bank.

UBS may cut 10,000 jobs by 2027, a report said. A reduction of 10,000 positions would amount to a roughly 9% cut in Swiss bank's workforce, which stood at around 110,000 employees at the end of 2024.

Axis Bank share price rose to a record high in trade today as UBS upgraded its rating to ‘Buy’ and raised the target price to ₹1500, citing improving credit costs and asset quality.

Bharti Airtel's share price fell over 2% in intraday trade on July 11. UBS downgraded the stock to a sell. Bharti Airtel shares hit a 52-week high of ₹2,045.50 on July 2 this year after hitting a 52-week low of ₹1,421.55 on July 12 last year on the BSE.

UBS Global Wealth Management lowered its 2025 earnings per share (EPS) estimate for the S&P 500 benchmark to $265 from $270 over dim economic outlook amid US tariffs.

UBS downgraded SRF's rating to 'sell' and reduced its price target to ₹2,100 due to challenges in the agrochemical and refrigerant gas sectors. The firm cites declining demand and increased competition from Chinese manufacturers as key factors impacting SRF's earnings and market position.

Shein has added more banks to help arrange its potential initial public offering that could value the online fashion retailer at £50 billion ($65 billion), potentially one of the biggest listings in London in recent years, people familiar with the matter said.

Zomato shares surged nearly 8% in trade today. Here are the key highlights explaining the surge in Zomato's stock.