Deutsche Bank investors unshaken by U.S. stress test failure
FRANKFURT (Reuters) – Deutsche Bank investors took a largely long view on its failure in this year’s U.S. stress tests, with its shares recovering on Friday from a record low hit earlier this week.
China says U.S. should tell airlines to change websites in Taiwan row
BEIJING (Reuters) – China said on Friday that the United States should tell its airlines to change their websites to refer to self-ruled Taiwan as Chinese territory, after the United States said China had rejected requests for talks on the matter.
Bitcoin skids below $6,000, hits lowest level since November
LONDON (Reuters) – Bitcoin’s value slid to its lowest level since November on Friday, as waning investor interest and recent negative headlines from global regulators weakened demand for the cryptocurrency and most of its rivals.
Deutsche Bank shares rise after U.S. stress test failure
FRANKFURT (Reuters) – Deutsche Bank shares rose more than 3 percent on Friday, a day after its U.S. subsidiary failed a second part of the U.S. Federal Reserve’s annual stress tests.
World stocks jump on lull in trade tensions, euro gets summit boost
LONDON (Reuters) – World stocks enjoyed a strong bounce on Friday as a recovery in Asian markets spread to European shares after a turbulent week of selling as investors’ fears of higher barriers to trade came closer to becoming reality.
Embattled ZTE expected to unveil new board in push for U.S. ban lift
SHENZHEN, China/HONG KONG (Reuters) – Chinese telecoms giant ZTE Corp is expected to announce a radical management overhaul following a shareholder meeting on Friday, in line with conditions laid out in a $1.4 billion settlement deal to lift a cripplin…
Novartis hands investors Alcon spin-off and $5 billion share buyback
ZURICH (Reuters) – Novartis plans to spin off its Alcon eye care business to shareholders and repurchase up to $5 billion in shares, as Chief Executive Vas Narasimhan refocuses the Swiss firm on prescription drugs.
BMW signs battery order with China’s CATL
SHANGHAI (Reuters) – BMW has awarded a contract worth just over a billion euros ($1.16 billion) to China’s lithium battery maker Contemporary Amperex Technology Ltd (CATL) , the German carmaker said on Thursday.
Shares in Deutsche Bank edge higher after U.S. stress test fail
FRANKFURT (Reuters) – Shares of Deutsche Bank rose 1 percent in early trade on Friday after the German lender’s U.S. subsidiary failed the second part of the U.S. Federal Reserve’s annual stress tests.
Asian shares rally on rebound, but outlook murky
SHANGHAI (Reuters) – Asian share markets rallied from nine-month lows on Friday as Chinese shares rebounded from a sell-off, but the market outlook remains gloomy a week before initial U.S. and Chinese tariffs are set to take effect.
