Deutsche Bank co-CEO Fitschen says he never deceived in Kirch case
MUNICH (Reuters) – Deutsche Bank co-CEO Juergen Fitschen rejected prosecutors’ accusations that he gave misleading evidence in connection with the 2002 collapse of the Kirch media empire.
U.S. home builder sentiment slips in May: NAHB
NEW YORK (Reuters) – U.S. homebuilder sentiment fell in May but still showed more builders view market conditions as favorable, the National Association of Home Builders said on Monday.
U.S. home builder sentiment slips in May: NAHB
NEW YORK (Reuters) – U.S. homebuilder sentiment fell in May but still showed more builders view market conditions as favorable, the National Association of Home Builders said on Monday.
Goldman cuts crude outlook and oil company forecasts
(Reuters) – Goldman Sachs has cut its long-term crude oil price forecasts and recommended investors sell shares in two major oil companies, saying that improved U.S. shale efficiency and higher production from OPEC will more than cover future demand.
Intel, Altera resume deal talks: NY Post
(Reuters) – Chipmakers Intel Corp and Altera Corp have resumed talks on a possible deal that could top $13 billion, the New York Post reported.
Exclusive: Help us fight fakes, Alibaba’s security chief tells global brands
HANGZHOU, China (Reuters) – When it comes to fighting fakes, Alibaba’s head of internet security says cooperation beats the courtroom any day.
Chinese car hire app Yidao Yongche hints at Uber tie-up
BEIJING (Reuters) – Chinese private car hire app Yidao Yongche has hinted at a tie-up with Uber Technologies Inc, the controversial $40 billion U.S. taxi-hailing firm which has repeatedly hit regulatory roadblocks in China, the world’s largest smartpho…
European stocks rise, led by energy shares; dollar rebounds
LONDON (Reuters) – European shares rose on Monday, with energy stocks in focus after a rise in oil prices, while the dollar lifted off four-month lows it had reached on concern over the U.S. economy.
Fed’s Evans says FOMC could look at rate hike in June
STOCKHOLM (Reuters) – The Federal Reserve could look at a rate hike in June if the economy is strong enough, Chicago Fed President Charles Evans said in the Swedish capital on Monday.
AstraZeneca to invest $285 million in Swedish biotech drug factory
LONDON (Reuters) – AstraZeneca is investing $285 million to expand biotech drug manufacturing in Sweden as the company bets on the future of high-tech medicine for future growth.
