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Category: Business

Exclusive: Deutsche Bank has discussed adding assets to bad bank if sales go well

Exclusive: Deutsche Bank has discussed adding assets to bad bank if sales go well

Some senior Deutsche Bank AG (DBKGn.DE) officials have discussed the possibility of putting additional problematic assets worth billions of euros into a unit it created earlier this year, if the…

September 26, 2019September 20, 2019
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Huawei talks up own apps with Mate 30 challenge to Apple, Samsung

Huawei talks up own apps with Mate 30 challenge to Apple, Samsung

Huawei unveiled its new smartphones to challenge Apple’s (AAPL.O) iPhone 11 on Thursday, talking up slick design and best-in-class features while playing down concerns about the lack of access to…

September 25, 2019September 20, 2019
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Brent rises 1% as Saudi supply risks come into focus

Brent rises 1% as Saudi supply risks come into focus

Brent crude oil prices rose more than 1% on Thursday on fears of longer-than-expected supply shortfalls following Saturday’s attacks on a key Saudi Arabian oil processing facility and escalating tensions…

September 24, 2019September 20, 2019
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Shares edge up after Fed rate cut, oil prices gain

Shares edge up after Fed rate cut, oil prices gain

A gauge of global equity performance edged higher on Thursday, a day after the Federal Reserve cut interest rates, but crude oil prices climbed higher on concerns last weekend’s attacks…

September 23, 2019September 20, 2019
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As Amazon burns, 230 big investors call on firms to protect world’s rainforests

As Amazon burns, 230 big investors call on firms to protect world’s rainforests

With widespread fires wreaking havoc on the Amazon, over 200 investors representing some $16.2 trillion under management on Wednesday called on companies to do their part in halting the destruction…

September 22, 2019September 20, 2019
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Bank rally leads European stocks higher

Bank rally leads European stocks higher

European stocks rallied on Thursday as investors snapped up battered shares of eurozone banks after the U.S. Federal Reserve toned down expectations of further interest rate cuts. The eurozone banks…

September 21, 2019September 20, 2019
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Japan’s land prices rise for second year on tourism, ultra-low rates

Japan’s land prices rise for second year on tourism, ultra-low rates

Japanese land prices rose for the second straight year in the year to July with the increase spreading beyond big cities, a government survey showed, a sign the benefits from…

September 20, 2019
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