Deutsche Bank suffers $3.5 billion quarterly loss
Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion) because of major costs stemming from its efforts to reshape...
Deutsche Telekom sets meeting as T-Mobile, Sprint deal nears approval: report
Deutsche Telekom has called a leadership meeting on Wednesday in expectation of U.S. regulatory approval of the proposed merger of its U.S. T-Mobile unit with...
Asia stocks stay judgment on trade talks, euro pressured
Asian shares crept higher on Wednesday as the prospect of fresh Sino-U.S. trade talks drew a guarded welcome, while the euro hit lows on a...
Daimler second-quarter hammered by one-off, diesel charges
Luxury car maker Daimler said it would intensify cost cuts after legal risks for diesel-related issues and the cost of replacing Takata airbags triggered a...
PSA Group profit jumps on pricing, Opel synergies
French carmaker PSA Group delivered a sharp increase in first-half profit, as new models and the integration of Opel-Vauxhall more than made up for weaker...
Deutsche Bank posts second quarter loss of $3.51 billion on restructuring costs
Deutsche Bank on Wednesday said the German company posted a larger-than-expected loss of 3.15 billion euros ($3.51 billion) in the second quarter due to major...
KKR devours Tim Tam biscuits maker in $2.2 billion deal with Campbell
KKR & Co said it is buying Campbell Soup Co’s Australian snacks unit Arnott’s that will give it ownership of top-selling biscuit brands such as...
KKR buying Australian Tim Tam cookie maker from Campbell for $2.2 billion
KKR & Co said it is buying Campbell Soup Co’s Australian snacks unit Arnott’s Biscuits that will give it ownership of top-selling cookie brands such...
Philippines’ Jollibee buying U.S. firm Coffee Bean for $100 million
Philippines’ Jollibee Foods Corp said on Wednesday it is buying U.S. brand Coffee Bean & Tea Leaf for $100 million....
Starbucks to expand delivery with Uber Eats across U.S in early 2020
Starbucks Corp said on Tuesday it would expand its partnership with Uber Eats to deliver food and coffee throughout the United States in early 2020....