Wall St. set to open lower as aggressive rate cut hopes recede
Wall Street was set to open lower on Monday, as investors scaled back bets of an aggressive interest rate cut by the Federal Reserve later...
Roche, Spark push back takeover deadline in $4.3 billion deal
Swiss drugmaker Roche has agreed to extend the takeover deadline in its $4.3 billion bid for U.S. gene therapy specialist Spark Therapeutics , adding it...
Supply-chain pain: South Korea chipmakers and their suppliers seek to bypass Tokyo curbs
South Korean chipmakers and Japanese chemical suppliers caught in the midst of a sudden escalation of a bilateral diplomatic dispute are scrambling to circumvent tightened...
Axe falls on 18,000 Deutsche Bank jobs in $8.3 billion reinvention
Deutsche Bank laid off staff from Sydney to London on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) “reinvention”...
Factbox: Deutsche Bank staff react to 18,000 global job cuts
Whole teams at Deutsche Bank were told on Monday their jobs had been axed as it began 18,000 job cuts globally in one of the...
Thyssenkrupp says it still wants to float its elevators unit
Thyssenkrupp on Monday said it was sticking to plans to float its elevator business after a media report said the conglomerate was planning to start...
Oil steadies as demand concern counters Middle East tensions
Oil prices steadied on Monday as tensions over Iran’s nuclear program were tempered by global economic growth concerns and consequently oil demand....
British Airways faces record $230 million fine over data theft
British Airways-owner IAG is facing a record $230 million fine for the theft of data from 500,000 customers from its website last year under tough...
Deutsche Bank begins 18,000 job cull in $8.3 billion reinvention
Deutsche Bank laid off staff in Asia on Monday as it began cutting 18,000 jobs as part of a 7.4 billion euro ($8.3 billion) “reinvention”...
U.S. financier Epstein expected to be charged in sex trafficking case -source
Federal prosecutors in New York on Monday are expected to announce charges against financier Jeffrey Epstein related to sex trafficking of underage girls, a source...