Conergy cuts 2007 guidance, to shed 500 jobs
FRANKFURT (Reuters) – German solar energy group Conergy will cut 500 jobs as it sells non-core businesses and repositions itself as an integrated supplier, the company said on Wednesday, chopping its earnings guidance.

Source: feeds.reuters.com

Swiss regulator pressed UBS to increase capital: report
ZURICH (Reuters) – Swiss authorities pressed UBS and Credit Suisse in September to increase reserve capital levels in case of shock losses, well ahead of UBS’ emergency capital hike on Monday, according to a newspaper report on Wednesday.

Source: feeds.reuters.com