Australia’s Albanese Rules Out New Taxes on Gas Exports, Citing Security

Australian Prime Minister Anthony Albanese said his government wouldn’t “undermine” existing liquefied natural gas exports with new taxes, warning that doing so during a global energy crunch would risk investment and fuel security.

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Bloomberg Markets

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UBS Boss Ermotti Warns Investors on Iran Over-Confidence

UBS Group AG Chief Executive Officer Sergio Ermotti said that financial markets are at risk of over-optimism regarding the Iran conflict.

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Ermotti: UBS Aims to Complete $3 Bln Buyback by End July

UBS Group AG Chief Executive Officer Sergio Ermotti discusses the bank’s intention to add to the $3 billion tally of share buybacks this year. Speaking to Bloomberg’s Guy Johnson, Ermotti says the lender believes it’s going to complete the $3 billion buyback “by the end of July.”

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UBS profits rocket 80% to $3 billion for first quarter beat

UBS reported its first quarter earnings on Wednesday, with net profits beating analyst estimates.

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