Deutsche Bank looking to cut 10,000 jobs: WSJ
FRANKFURT (Reuters) – Deutsche Bank is planning to cut 10,000 jobs, or about a tenth of its global workforce, as part of efforts to reduce costs, The Wall Street Journal reported on Wednesday.
‘There is no free lunch’, Macron tells tech giant CEOs
PARIS (Reuters) – President Emmanuel Macron told executives from the world’s biggest technology firms on Wednesday that he wanted innovation to be a driving force for the French economy, but also that they needed to contribute more to society.
U.S.-China trade deal ‘too hard to get done,’ Trump says
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday signaled a new direction in U.S. and China’s trade talks, saying the current track appeared “too hard to get done” and that any possible deal needed “a different structure.”
Stock futures dip as Trump’s comments spark trade talk uncertainty
(Reuters) – U.S. stock index futures were lower on Wednesday on fresh uncertainty over U.S.-China trade talks and ahead of a Federal Reserve report that would be watched for cues on pace of future interest rate hikes.
IBM announces new hiring in France as CEOs meet Macron
PARIS (Reuters) – IBM announced new recruitment in France before a meeting between President Emmanuel Macron and the bosses of IBM and Microsoft .
Consumer groups ask U.S. agency to probe Tesla ‘Autopilot’ ads
SAN FRANCISCO (Reuters) – Two U.S. consumer advocacy groups urged the Federal Trade Commission on Wednesday to investigate what they called Tesla Inc’s “deceptive and misleading” use of the name Autopilot for its assisted-driving technology.
Russia’s VTB Bank says no longer lending to Deripaska: CNBC
MOSCOW (Reuters) – VTB , Russia’s second-largest bank, has stopped lending to sanctioned Russian metals tycoon Oleg Deripaska, VTB’s President Andrei Kostin told CNBC in an interview released on Wednesday.
Staff reject Macron rail reform in ‘referendum’, unions say
PARIS (Reuters) – Workers at France’s state-owned SNCF rail company on Wednesday resoundingly rejected President Emmanuel Macron’s planned overhaul of the railways in an internal ballot organized by labor unions.
Trade and growth fears spark dash for safe havens
LONDON (Reuters) – Investors sold equities on Wednesday and raced to buy yen and government bonds from the United States and Germany on fears that setbacks to U.S-China trade talks would undermine increasingly fragile-looking world growth.
India court halts expansion of Vedanta’s copper smelter after protests
CHENNAI/MUMBAI (Reuters) – An Indian court halted the proposed expansion of Vedanta Resources Plc copper smelter on Wednesday where a day earlier 11 people were killed when police fired on protesters seeking closure of the plant on environmental groun…
