John Hughes News
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Royal Nickel Corp., the owner of a nickel project in Quebec, gained the most in six months after the company signed a memorandum of understanding with Tsingshan Holding Group Co., a Chinese stainless-steel producer.
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Sergey Brin has an unconventional view of the handheld devices that help generate billions of dollars in ad revenue for the company he co-founded.
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When Oswald Gruebel, chief executive officer of UBS AG, stepped off a plane in Zurich at dusk on Sept. 14, 2011, he had an urgent message on his mobile phone from investment-banking head Carsten Kengeter.
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HudBay Minerals Inc., the third-best- performing Canadian mining stock this year, is willing to spend about C$400 million ($402 million) on deals to replenish its development pipeline.
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On a cool late summer evening last year in London’s financial district, with the euro-zone crisis worsening and Greece tottering on the edge of default, Kweku Adoboli says he asked the three traders who worked with him at UBS AG’s exchange-traded funds desk to join him for a drink.
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John Hughes, who worked with Kweku Adoboli on the UBS AG ETF desk and didn’t alert management to a secret account Adoboli had where he hid profits to cover future losses, testified his firing was fair.
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John Hughes, a former UBS AG trader, testified he made the same type of unauthorized trades as his co-worker Kweku Adoboli, who is being prosecuted for fraud.
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Teck Resources Ltd., the second- largest exporter of seaborne coal used in steelmaking, fell the most in three months after forecasting weakness in coal markets until at least the middle of the year.
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Teck Resources Ltd., the second- largest exporter of seaborne coal used in steelmaking, fell the most in three months after forecasting weakness in coal markets until at least the middle of the year.
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Kweku Adoboli, the former UBS AG trader on trial for fraud, went to “more elaborate lengths to make money” than others did as he produced large profits for the bank’s ETF desk, his ex-colleague John Hughes told a judge.
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