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Exclusive: Deutsche Bank has discussed adding assets to bad bank if sales go well - sources

Some senior Deutsche Bank AG officials have discussed the possibility of putting additional problematic assets worth billions of euros into a unit it created earlier this year, if the bank is able to sell assets already held within that "bad bank," according to three bank sources.



6 years ago

Fire and hail push insurers to rethink climate change risks

By the time David Kaisel got back from selling his flour at a farmers' market, a wildfire in California's Capay Valley had burned both his tractor and the shipping container where he kept some tools. His insurer is set to pay out a sixth of his losses.



6 years ago

New York extends lead over Brexit-hit London in finance center poll

New York has extended its lead as the world's top financial center, with London barely holding on to second place ahead of Hong Kong as uncertainty over Brexit takes its toll on the UK capital, a Z/Yen Group survey for 2019 showed on Thursday.



6 years ago

Ryanair AGM narrowly approves bonus plan for CEO O'Leary

Ryanair shareholders narrowly approved a bonus scheme for Chief Executive Michael O'Leary on Thursday that could earn him around 100 million euros ($111 million) over five years.



6 years ago

UTC technology chief Eremenko steps down

(In the September 18 story corrects to delete "by email" and to clarify that technology and engineering not a business within UTC in paragraphs 3,6)



6 years ago

Shares inch higher after Fed cut, BOJ keeps powder dry

A positive start in Europe nudged the main world share indexes and bond yields higher on Thursday, after the U.S. Federal Reserve's second interest rate cut of the year while Japan and others kept their limited remaining powder dry.



6 years ago

China's growth could slip below 6%, analysts warn, as trade war takes toll

China's economic growth risks slipping below the lower-end of Beijing 2019 target of 6% in the third quarter or over the next year, analysts warn, but government economists are slightly more optimistic as they expect stimulus to help stave off a sharper slowdown.



6 years ago

VW, Porsche to recall around 227,000 cars over airbag, seatbelt issues: report

Volkswagen and Porsche have to recall around 227,000 cars due to problems with airbags and seatbelt pre-tensioners, Germany's Stuttgarter Zeitung said on Thursday.



6 years ago

Ryanair expects return of Boeing 737 MAX in February-March 2020

Ryanair expects to be flying the first of its grounded Boeing 737 MAX aircraft by late February or the start of March, which would require the plane to be flying in the United States before Dec. 25, CEO Michael O'Leary said on Thursday.



6 years ago

Factbox: Animal health sector aims to emulate Zoetis biotech leap

A commercial breakthrough in the field of complex therapeutic proteins for dogs by sector leader Zoetis has roused rivals to action in a hunt for biotechnology medicines to treat pets.



6 years ago

Biotech is going to the dogs - and big profits await

For Jessica Lescault there is no question that her 6-year old English bulldog "Moose" deserves cutting-edge biotechnology cancer treatment as much as any human patient.



6 years ago

Ryanair plans 500-700 job cuts as O'Leary bags bonus

Ryanair's Chief Executive Michael O'Leary said he plans to cut 500-700 jobs at the airline as shareholders narrowly approved a bonus scheme on Thursday that could earn him around 100 million euros ($111 million) over five years.



6 years ago

France and Germany united on strategy to fight global slowdown: French minister

France and Germany are agreed on a joint strategy to respond to a global economic slowdown at a time of international trade tensions, French Finance Minister Bruno Le Maire said on Thursday.



6 years ago

Berstein downgrades Costco, says memberships will be the first to go in an economic downturn

Bernstein downgraded Costco to underperform from market perform.

6 years ago

Wall Street futures tick lower after mixed policy signals from Fed

U.S. stock index futures were lower on Thursday after the Federal Reserve delivered a widely expected interest rate cut but played down hopes of further monetary easing.



6 years ago