Exclusive: Qatar won’t sell Deutsche Bank shares, might buy more – sources
DOHA/FRANKFURT (Reuters) – Qatari investors who own the largest stake in Deutsche Bank do not plan to sell their shares and could consider buying more if the embattled German bank decides to raise capital, sources familiar with Qatari investment policy…
Sterling slide fuels risk-off on U.S. payrolls day
LONDON (Reuters) – Sterling recouped some losses after plunging almost 10 percent on Friday, as growing fears of a “hard” exit by Britain from the European Union sent a shiver through world stocks markets before U.S. jobs data.
Oil ebbs as physical excess undermines futures push
LONDON (Reuters) – Brent crude futures fell on Friday after briefly nearing their 2016 high, as financial market confidence in the rally came up against a physical excess of crude.
Twitter shares plunge on report bidders are scarce
(Reuters) – Twitter Inc shares plunged on Thursday as fears mounted that a much-anticipated auction of the social media company will draw minimal interest from potential buyers.
VW has no plans to sell brands, raise capital: Boersen-Zeitung
FRANKFURT (Reuters) – Volkswagen is not considering the sale of any of its brands or a capital increase to cope with the costs of the emissions scandal, its supervisory board Chairman Hans Dieter Poetsch told German daily Boersen-Zeitung.
Samsung sees third quarter profit jump as chip surge eases smartphone recall blues
SEOUL (Reuters) – South Korea’s Samsung Electronics Co expects third-quarter profit grew 5.6 percent, beating estimates, as a pickup in chip and display earnings likely offset the impact of a global smartphone recall that has roiled the tech giant.
IMF, global finance leaders fret over populist backlash
WASHINGTON (Reuters) – World finance leaders on Thursday decried a growing populist backlash against globalization and pledged to take steps to ensure trade and economic integration benefited more people currently left behind.
Snapchat parent working on IPO valuing firm at $25 billion or more: WSJ
(Reuters) – Photo-sharing app Snapchat’s parent is working on an initial public offering that could value the company at $25 billion or more, the Wall Street Journal reported, citing several people familiar with the matter.
America Movil shareholders approve delisting from Nasdaq, Latibex
MEXICO CITY (Reuters) – Shareholders of Mexican telecoms giant America Movil (AMXL.MX) have approved a proposal to delist shares from the Nasdaq and Latibex stock exchanges, the company said in a regulatory filing on Thursday.
Deutsche Bank in informal talks about raising capital: Bloomberg
(Reuters) – Deutsche Bank AG is in informal talks with securities firms to explore options including raising capital should mounting legal bills require it, Bloomberg reported on Thursday.
