Turnaround costs push Deutsche Bank to bigger than expected loss
Deutsche Bank plunged to a bigger than expected loss of 5.7 billion euros ($6.3 billion) last year, its fifth in a row, as the cost...
Deutsche Bank CEO: Negative rates not an option generally for private customers
Deutsche Bank’s chief executive on Thursday told German broadcaster n-tv that he did not think Germany’s top bank would apply negative interest rates to the...
Frankfurt out of running for German auto show from 2021
Frankfurt will no longer host the German auto show from 2021 after almost 70 years as the home of the annual exhibition of the industry’s...
Oil falls on spread of Wuhan virus, U.S. oil-stocks build
Oil prices fell on Thursday as alarm spread over the economic impact of the Wuhan virus in China, while a bigger-than-expected increase in U.S. crude...
After meager 2019, Samsung’s modest chip recovery outlook falls flat
Samsung Electronics Co is counting on a gradual recovery in memory chip demand from data centers and 5G smartphone makers to help it bounce back...
Sweden’s AB Volvo plans big shareholder payout as profit beats
Swedish truck maker AB Volvo reported a smaller than expected fall in fourth-quarter earnings in the face of slowing demand and announced plans on Thursday...
Fears of pandemic send stocks lower, safe havens in demand
Asian stocks and currencies tumbled further on Thursday, as the rising death toll from a virus spreading from China led airlines to cut flights and...
Sweden’s AB Volvo plans big shareholder payday as profit beats
Swedish truck maker AB Volvo reported a smaller-than-expected fall in fourth-quarter earnings in the face of slowing demand and unveiled plans on Thursday for a...
Policymakers fret over global growth risks from China virus outbreak
A rapidly spreading virus outbreak in China is emerging as a potentially major new risk to the global economy and leaving policymakers, still grappling with...
Japan issues arrest warrants for ex-U.S. soldier, two others for Ghosn escape
Japanese authorities on Thursday issued arrest warrants for a former U.S. special forces soldier and two other men on suspicion of smuggling former Nissan Motor...