Deutsche Bank to review strategy and may sell Postbank network
FRANKFURT (Reuters) – Deutsche Bank AG will review its strategy and profit targets next year and may sell its Postbank-branded retail unit, in a major reversal as a hoped-for turnaround in profitability slips out of reach.
Deutsche Bank to review strategy and may sell Postbank network
FRANKFURT (Reuters) – Deutsche Bank AG will review its strategy and profit targets next year and may sell its Postbank-branded retail unit, in a major reversal as a hoped-for turnaround in profitability slips out of reach.
EU markets watchdog says crowdfunding needs regulating
LONDON (Reuters) – New European Union rules are needed to supervise crowdfunding and protect investors who face significant risks from the evolving sector, the bloc’s markets watchdog said on Thursday.
Accenture quarterly revenue rises 7.3 percent
(Reuters) – Accenture Plc reported a 7.3 percent rise in quarterly revenue, helped mainly by its outsourcing business.
Franc falls as Swiss go sub-zero; stocks jump after Fed
LONDON (Reuters) – The Swiss franc tumbled on Thursday as its central bank slapped a charge on deposits, wary of a flood of money exiting Russia and the likely pressure from the euro zone if the ECB starts full-scale money printing early next year.
In South Korea, IKEA opens biggest store to lure tiny households
SEOUL (Reuters) – Iconic Swedish furniture retailer IKEA built its biggest store in the world to serve South Korea’s shrinking households, targeting millions of people living alone with Korea-only items like super-sized single beds and in-store kimchi …
Russian ruble firms sharply as government pressures exporters
MOSCOW (Reuters) – Russia’s ruble strengthened sharply on Wednesday after dramatic falls on the previous two days as the government pressured exporters not to hoard foreign-currency earnings and the central bank announced new measures to support financ…
Takata says has sufficient funds to deal with recalls: Nikkei
TOKYO (Reuters) – Air bag maker Takata Corp has sufficient funds to deal with a global recall that has climbed to about 21 million vehicles after five deaths linked to its products, the company executive told the Nikkei newspaper.
Nissan recalls autos in Mexico to check Takata air bags
MEXICO CITY (Reuters) – Automaker Nissan said on Wednesday it has ordered the recall more than 80,000 vehicles sold in Mexico to check for potential defects stemming from air bags made by Japanese company Takata .
Fed confident on U.S. growth, opens door wider to rate hike
WASHINGTON (Reuters) – The Federal Reserve on Wednesday offered a strong signal that it was on track to raise interest rates sometime next year, altering a pledge to keep rates near zero for a “considerable time” in a show of confidence in the U.S. eco…
