Oil rises as tensions around Iran’s nuclear program simmer
Oil prices rose on Monday, boosted by escalating tensions around Iran’s nuclear program and better-than-expected U.S. jobs data.
Deutsche Bank’s aim to make profit in 2020 is uncertain: CFO
Deutsche Bank aims to break even or turn a profit in 2020 but there is “significant uncertainty in that forecast”, the bank’s finance chief said on Monday.
Deutsche Bank’s aim to make profit in 2020 is uncertain: CFO
Deutsche Bank aims to break even or turn a profit in 2020 but there is “significant uncertainty in that forecast”, the bank’s finance chief said on Monday.
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, but Deutsche Bank gained nearly 4% as it launched a major restructuring.
Global shares muted as prospect of sharp U.S. rate cut fades
Global stocks were in a muted mood on Monday after strong U.S. job gains tempered expectations the Federal Reserve will deliver a large rate cut, while Deutsche Bank shares turned negative as it launched a major restructuring.
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 cut in late July, analysts say, as Chinese policymakers step up support for the slowing economy.
Factbox: What Deutsche bankers are saying about the 18,000 global job cuts
Whole teams within Deutsche Bank AG have been told their positions were gone on Monday, as the lender began axing 18,000 jobs globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis.
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 jobs around the world, starting the day with cuts in Asia.
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 new data-protection rules policed by the UK’s Information Commissioner’s Office (ICO).
U.S. 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 cut in late July, analysts say, as Chinese policymakers step up support for the slowing economy.
