Big ax falls as Deutsche Bank to lay off 18,000 in $8.3 billion 'reinvention'
By Tom Sims, Paulina Duran, Sumeet Chatterjee and Matt Scuffham
By Tom Sims, Paulina Duran, Sumeet Chatterjee and Matt Scuffham
The U.S. Securities and Exchange Commission (SEC) on Monday defended the pace of its investigation into Volkswagen AG after a judge had asked why the agency waited two years after a global scandal related to vehicle emissions to sue the automaker.
Asian stocks struggled to rebound on Tuesday as investors came to terms with sharply reduced expectations the Federal Reserve will deliver a large interest rate cut at the end of July.
Oil fell on Tuesday amid worries over the outlook for demand after the latest signs that international trade disputes have been dragging on the global economy, although tensions in the Middle East offered some support to prices.
Oil fell on Tuesday amid worries over the outlook for demand after the latest signs that international trade disputes have been dragging on the global economy, although the potential for conflicts in the Middle East offered support to prices.
Saudi Arabian budget airline flyadeal will not proceed with a commitment to order 30 Boeing 737 MAX jets, the planemaker said on Sunday.
Saudi Arabia's flyadeal will not proceed with a provisional order for 30 Boeing 737 MAX jets, the U.S. planemaker said on Sunday after the airline announced it would operate an all Airbus A320 fleet.
Financing group Greensill Capital, which is backed by Japan’s SoftBank Group and General Atlantic of the U.S., last year provided a false statement to market participants relating to bonds it had issued in 2017 on behalf of commodities tycoon Sanjeev Gupta.
African leaders met on Sunday to launch a continental free-trade zone that if successful would unite 1.3 billion people, create a $3.4 trillion economic bloc and usher in a new era of development.
It makes sense that Vanguard may be on the prowl for another market, but is this the right one?
Deutsche Bank said on Sunday it plans exit its global equities business and scale back its investment bank in a sweeping, 7.4 billion euro overhaul designed to turn around the struggling German flagship lender.
Don't wait until the end of 2019 to use up your flexible spending account. Here are six summer essentials that you can buy with your savings.
Starbucks Corp on Sunday apologized after an employee at one of its stores in Tempe, Arizona asked six police officers to leave or move out of a customer's line of sight, triggering social media backlash.
Deutsche Bank plans to cut 18,000 jobs in a sweeping, 7.4 billion euro overhaul designed to turn around Germany's struggling flagship lender
Deutsche Bank said on Sunday that it would make major cutbacks to its investment bank. [nL8N2480KD]