China refiners curb fuel output after massive new plants stoke glut
China’s fuel producers are making extended curbs to their output in the third quarter after supply from mammoth new refineries stoked an already-sizeable glut, potentially...
British Airways faces $230 million fine over data theft
British Airways owner IAG said on Monday the UK Information Commissioner’s Office (ICO) intends to impose a penalty of 183.4 million pounds ($229.8 million) for...
Deutsche Bank axes 18,000 jobs in restructuring
Whole teams at Deutsche Bank were told their positions were gone on Monday, as the lender began axing 18,000 jobs globally in one of the...
Grizz sign Wolves G Jones to offer sheet: report
Minnesota Timberwolves restricted free agent guard Tyus Jones agreed to a three-year, $28 million offer sheet with the Memphis Grizzlies on Sunday evening, his agent...
U.S. Fed easing could prompt first China rate cut in four years: analysts
China’s central bank could cut its benchmark policy rate for the first time in four years if the U.S. Federal Reserve delivers a widely expected...
VW to deepen alliances with battery suppliers for electric push
Volkswagen will create joint ventures and help finance battery production to persuade skeptical cell suppliers to back its aggressive push for mass producing electric vehicles,...
Deutsche Bank shares rise pre-market as 18,000 global job cuts begin
Deutsche Bank shares rose in pre-market trade on Monday as the German lender eliminated whole teams at its Asian operations, starting to ax 18,000 jobs...
Greek conservatives take charge in landslide win
Greece’s opposition conservatives returned to power with a landslide victory in snap elections, and Prime Minister elect Kyriakos Mitsotakis says he had a clear mandate...
China tech giant Baidu partners with Geely, Toyota
(This July 4 story corrects to remove reference to self-driving push in headline)...
Angels C Lucroy taken to hospital following collision
Jonathan Lucroy was carted off the field in the eighth inning of the Los Angeles Angels’ 11-10 loss to the host Houston Astros on Sunday...