(Reuters) - UBS has ruled out appointing an outsider as the successor to CEO Sergio Ermotti, and plans to choose from a shortlist of three internal candidates when he steps down in about three years, the Financial Times reported on Monday. The Swiss bank could signal the identities of the potential successors as early as next year's annual meeting, the...

(Reuters) - Elon Musk's artificial intelligence startup xAI has raised $6 billion in a Series B funding round backed by investors including Andreessen Horowitz and Sequoia Capital, among others, the company said in a blog post on Sunday. (Reporting by Jahnavi Nidumolu in Bengaluru; Editing by Varun H K) ...

SYDNEY, May 27 (Reuters) - More than 2,000 people were buried alive by a massive landslide in Papua New Guinea last week, the national disaster centre said on Monday, as treacherous terrain and the difficulty of getting aid to the site raises the risk few survivors will be found. The numbers of those buried around Yambali village in Enga province...

SINGAPORE (Reuters) -The dollar made a steady start to the week on Monday, as investors were focused on U.S., European and Japanese inflation data to guide the global interest rate outlook. Foreign exchange trade has been dominated by the hunt for carry in recent months, punishing low-rate currencies and supporting the dollar while U.S. data has blown hot and cold...