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...
Global shares muted as prospect of sharp U.S. rate cut fades
Global shares were in a muted mood on Monday after strong U.S. job gains tempered expectations the Federal Reserve will deliver a large rate cut,...
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...
Deutsche Bank shares rise after shake-up to cut 18,000 jobs
Deutsche Bank shares rose on Monday as it launched one of the biggest overhauls of its investment bank since the financial crisis by cutting 18,000...
Deutsche Bank shares rise as 18,000 global job cuts begin
Deutsche Bank shares rose on Monday as it launched one of the biggest overhauls of its investment bank since the financial crisis by cutting 18,000...