(Reuters) -UBS said on Thursday that fresh U.S. and EU sanctions targeting Russian energy firms could introduce short-term volatility to crude prices but are unlikely to spark a sustained rally due to oversupply in the global oil market. The bank forecasts Brent crude prices to remain in the $60-$70 per barrel range, adding that previous sanctions had little effect on...

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(Reuters) -Tesla's shares fell nearly 4% in early Frankfurt trading on Thursday, after the company's quarterly profit missed Wall Street expectations due to tariff and research costs, as well as a drop in income from regulatory credits. Revenues however beat estimates, driven by the highest quarterly sales of its electric vehicles, as U.S. buyers rushed to lock in a key...

(Fixes garbled 4th paragraph) By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) -Kering's overall group sales fell less than analysts expected in the third quarter thanks to the performance of its smaller brands and some encouraging signs at ailing flagship brand Gucci, the group said on Wednesday.  The trading update, the first under the leadership of newly-appointed CEO Luce de Meo,...