Oil extends gains, supported by surprise U.S. jobs report
Crude prices rose on Monday, adding to gains in the previous session on better-than-expected U.S. jobs data, although gains were tempered by worries over the prolonged Sino-U.S. trade war.
Asian shares subdued on dampened U.S. rate cut expectations
Asian shares slipped on Monday as investors wagered on a less aggressive policy easing in the United States, while the Turkish lira held near two-week lows after the country’s president dismissed its central bank governor over the weekend.
WeWork looking to raise up to $4 billion in debt ahead of IPO: source
Shared office space manager WeWork Cos is looking to raise $3 billion to $4 billion in debt before it goes public, a person familiar with the matter said on Sunday, a move aimed to fuel investor confidence in the company.
Gray Television well placed for U.S. election ad deluge: Barron’s
Broadcasting company Gray Television Inc is well placed to profit from an anticipated deluge of political advertising ahead of U.S. elections in 2020, according to Barron’s.
After Deutsche Bank cuts, where will the growth be?
For Deutsche Bank chief executive Christian Sewing, shrinking the group’s investment bank will be the relatively easy – if expensive – part of his restructuring plan.
Factbox: Deutsche Bank takes an axe to investment bank
Deutsche Bank said on Sunday that it would make major cutbacks to its investment bank.
Nigeria signs Africa free trade agreement: statement
Nigerian President Muhammadu Buhari has signed up to the $3 trillion Africa free trade agreement, a spokesman confirmed on Sunday.
Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul
Deutsche Bank is to ax vast swathes of its trading desks in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis, in a restructuring that will see 18,000 jobs go and cost 7.4 billion euros.
Starbucks apologizes to police after six officers were asked to leave Arizona store
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.
Economic ‘game changer’? African leaders launch free-trade zone
African leaders launched a continental free-trade zone on Sunday that if successful would unite 1.3 billion people, create a $3.4 trillion economic bloc and usher in a new era of development.
