TOKYO (Reuters) -The dollar strengthened broadly on Tuesday after U.S. tariffs on Chinese goods came into effect, triggering swift retaliation from Beijing and prompting a selloff in the Chinese yuan and the Australian dollar. The Canadian dollar and Mexican peso also weakened despite earlier winning a reprieve on their own U.S. tariffs. The euro declined, with the European Union also...

ZURICH, Feb 4 (Reuters) - UBS Group, Switzerland's largest bank, on Tuesday posted net income of $770 million for the fourth quarter of 2024, trouncing forecasts. The net profit attributable to shareholders compared with an average estimate of $483 million in a company-provided poll of analysts. The lender also announced a share buyback program of up to $3 billion for...

ZURICH (Reuters) - UBS Group, Switzerland's largest bank, on Tuesday posted net income of $770 million for the fourth quarter of 2024, trouncing forecasts. The net profit attributable to shareholders compared with an average estimate of $483 million in a company-provided poll of analysts. The lender also announced a share buyback program of up to $3 billion for this year,...

* Novo Nordisk losing ground to Eli Lilly ( LLY ) in obesity drug race * CagriSema trial data wiped $125 billion off Novo shares * Investors frustrated at silence from company after data release * Novo may disclose more info from trial at Q4 results on Feb. 5 * CagriSema trial participants say drug effective, side-effects difficult By Maggie...