Goldman Sachs still expects stubbornly high U.S. inflation to ease over the coming months, despite yet another print showing that consumer prices remain sticky.
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The producer price index was expected to increase 0.3% in March, according to the Dow Jones consensus estimate.
The euro zone's central bank held interest rates steady for a fifth straight meeting.
Andy Jassy pledged to keep looking for ways to cut costs even as the company doubles down on investing in new growth areas like artificial intelligence.
Switzerland's new banking regulations create a "lose-lose situation" for UBS and may limit its potential to challenge Wall Street, says Beat Wittmann of Porta Advisors.
The Federal Reserve is likely to cut rates before the European Central Bank does, a former member of the Bank of England said.
China will remain the largest growth engine for the world economy in spite of its slowdown, says the Asian Development Bank.
China's commercial property sector is seeing pockets of demand amid an overall real estate slump.
Apple produced $14 billion worth of iPhones in India over the last fiscal year
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