[ad_1] FRANKFURT (Reuters) – Deutsche Bank’s chief executive is prepared to make “tough cutbacks” in its investment banking business, whose future is in doubt after several failed restructurings, in order to be profitable and competitive.
Oil continues slide on U.S. crude stockpiles surge
[ad_1] LONDON (Reuters) – Oil prices dropped on Thursday, extending falls from the previous session amid surging U.S. crude inventories as ample supply and weak refinery data weighed on demand. FILE PHOTO: Gas flares from
Asia oil refiners mull run cuts after margins hit lowest for season since 2003
[ad_1] FILE PHOTO: China National Offshore Oil Corporation’s (CNOOC) oil refinery is seen in Huizhou, China’s southern Guangdong province July 28, 2009. REUTERS/Tyrone Siu/File Photo SINGAPORE (Reuters) – Asia’s oil refiners are considering reducing output
Oil slips 1% as U.S. stockpiles surge, economic concerns grow
[ad_1] SINGAPORE (Reuters) – Oil prices dropped by around 1% on Thursday, extending falls from the previous session amid surging U.S. crude inventories and weak demand from refineries. FILE PHOTO: A maze of crude oil
Indian stocks hit record highs; rupee, bonds gain as Modi on track for big win
[ad_1] MUMBAI (Reuters) – Indian stock markets hit record highs while the rupee and bonds rallied as early vote counting in general elections showed the ruling National Democratic Alliance with Narendra Modi at the helm
Lenovo fourth-quarter profit surges more than three-fold on strong PC sales
[ad_1] FILE PHOTO: A Lenovo ultrabook and a tablet are displayed during a news conference in Hong Kong, China May 21, 2015. REUTERS/Bobby Yip/File Photo HONG KONG (Reuters) – China’s Lenovo Group reported a more
Rihanna launches new fashion brand in Paris with LVMH
[ad_1] PARIS (Reuters) – Barbadian singer Rihanna has unveiled her new fashion brand with Louis Vuitton owner LVMH, a rare move by the French group to set up a label from scratch as it taps
Britons choose staycations in new headache for tour operators: study
[ad_1] Tourists visit central London, Britain, November 16, 2017. REUTERS/Mary Turner/Files LONDON (Reuters) – More Britons will opt for staycations this year over heading for trips abroad, a study by Barclays showed on Thursday, in
Oil prices fall on surging U.S. crude stockpiles, economic concerns
[ad_1] SINGAPORE (Reuters) – Oil prices dropped on Thursday, extending falls from the previous session amid surging U.S. crude inventories and weak demand from refineries. FILE PHOTO: A maze of crude oil pipes and valves
U.S. urges South Korea to reject Huawei products, citing security risks – Chosun Ilbo
[ad_1] SEOUL (Reuters) – The U.S. government is lobbying South Korea not to use Huawei Technologies Co Ltd products, a South Korean newspaper reported on Thursday, amid a wider push by Washington to get its