[ad_1] BERLIN/BRUSSELS (Reuters) – In the twilight of her career, German Chancellor Angela Merkel has chosen to soak up domestic heat from her coalition partners in order to secure a close ally at the top
Deutsche Bank to axe investment bankers in up to $5.6 billion revamp
[ad_1] FRANKFURT (Reuters) – Deutsche Bank is preparing to unveil a sweeping, multi-billion euro overhaul within days that would see the axe fall heaviest on investment bankers, sources familiar with the matter said on Wednesday.
S&P 500 hits record high on rising rate cut hopes
[ad_1] (Reuters) – The S&P 500 index hit a record high on Wednesday, led by defensive sectors, as bets of an interest rate cut rose on fears of a slowing global economy due to simmering
U.S. government staff told to treat Huawei as blacklisted
[ad_1] WASHINGTON (Reuters) – A senior U.S. official told the Commerce Department’s enforcement staff this week that China’s Huawei should still be treated as blacklisted, days after U.S. President Donald Trump sowed confusion with a
U.S. private sector hiring picks up less than expected in June: ADP
[ad_1] FILE PHOTO: A job-seeker completes an application at a career job fair in Philadelphia, Pennsylvania, U.S. July 25, 2013. REUTERS/Mark Makela/File Photo (Reuters) – U.S. companies added more jobs in June, but fewer than
Deutsche Telekom, Huawei customer, continues vendor review
[ad_1] A Deutsche Telekom logo is seen at the Mobile World Congress in Barcelona, Spain, February 26, 2018. REUTERS/Yves Herman/Files BERLIN (Reuters) – Deutsche Telekom said it was continuing a review of its vendor strategy
Sainsbury’s sales drop for third straight quarter
[ad_1] LONDON (Reuters) – Sainsbury’s sales fell for a third straight quarter as demand for clothes and general merchandise cooled, and the British supermarket group warned investors against expecting an upturn any time soon with
UK markets watchdog proposes retail ban on crypto derivatives
[ad_1] Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 13, 2018. REUTERS/Dado Ruvic/Illustration/Files LONDON (Reuters) – Britain’s markets watchdog is proposing banning
Japan PM Abe says no need to raise sales tax beyond 10% for decade
[ad_1] Japan’s Prime Minister Shinzo Abe, who is also ruling Liberal Democratic Party leader, speaks at a debate session ahead of July 21 upper house election at the Japan National Press Club in Tokyo, Japan
BOJ policymaker sees no need for immediate easing
[ad_1] HIROSHIMA, Japan (Reuters) – The Bank of Japan does not need to ramp up monetary stimulus for now as a moderate recovery is expected later in the year but should be ready to loosen