Credit Suisse seeks banks to work on fundraising: Handelsblatt
ZURICH (Reuters) – Credit Suisse has invited international banks to apply to work on the Swiss bank’s potential fundraising, German newspaper Handelsblatt reported on Wednesday, citing sources.
Bombardier says CSeries on track for certification, committed to plane
BERLIN (Reuters) – Canada’s Bombardier said it is on track to certify its new CSeries CS100 jet by the end of the year, and is 100 percent committed to the program, which has not won a new firm order in over a year.
China third-quarter growth seen dipping to 6.8 percent, weakest since 2009
BEIJING (Reuters) – China’s economic growth is expected to fall below 7 percent for the first time since the global financial crisis in the third quarter, putting pressure on policymakers to roll out more support measures as fears of a sharper slowdown…
Credit Suisse seeks banks to work on fundraising -Handelsblatt
ZURICH (Reuters) – Credit Suisse has invited international banks to apply to work on the Swiss bank’s potential fundraising, German newspaper Handelsblatt reported on Wednesday, citing sources.
Global shares, dollar slip as China inflation cools
LONDON (Reuters) – World shares fell for a second day running and the dollar dropped to its lowest in almost a month on Wednesday following new signs of a slowdown in China’s economy.
Diageo sells U.S., UK wine interests for $552 million
LONDON (Reuters) – Drinks group Diageo has agreed the $552 million sale of its major wine interests to Treasury Wine Estates, it said on Wednesday, as part of its drive to shed non-core assets.
Goldman Sachs under FBI, DOJ scrutiny over 1MDB probe: WSJ
(Reuters) – The Federal Bureau of Investigation and the U.S. Department of Justice are examining Goldman Sachs Group Inc’s role in allegations of corruption and money laundering at Malaysian state investor 1Malaysia Development Bhd (1MDB), the Wall Str…
China September inflation cooler than expected, producer prices extend slump
BEIJING (Reuters) – Consumer inflation in China cooled more than expected in September while producer prices extended their slide to a 43rd straight month, adding to concerns about deflationary pressures in the world’s second-largest economy.
Weak trading hits JPMorgan, profit falls in three core businesses
(Reuters) – JPMorgan Chase & Co, the biggest U.S. bank by assets, reported a 6.4 percent decline in revenue and profit declines in three of its four main businesses, underscoring how weak trading markets and low interest rates have hurt banks in recent months.
EMC executive and his GM past played key role in EMC-Dell mechanics
NEW YORK (Reuters) – As a young investment banker in the 1990s, Harry You learned about an obscure General Motors Co security called a ‘tracking stock.’ As an EMC Corp executive working on selling the data storage company to Dell Inc, he helped revive …
