March 21, 2019

German politicians split over bankrolling Deutsche Bank merger

A political rift has emerged in Berlin over whether Germany should put its financial muscle behind a merger of Deutsche Bank and Commerzbank, politicians and officials […]
March 21, 2019

Beneath Fed’s positive spin, an embrace of a tepid future

Federal Reserve policymakers see a U.S. economy that is rapidly losing momentum. They predict inflation will miss their 2 percent target for yet another year, despite […]
March 21, 2019

Deutsche Bank CEO sees strong case for merger with Commerzbank: source

Christian Sewing, the chief executive of Deutsche Bank, believes there is a strong case for a merger with rival Commerzbank, according to a person with direct […]
March 21, 2019

Reliance sends fuel from India, Europe to Venezuela to sidestep U.S. sanctions

India’s Reliance Industries is selling fuels to Venezuela from India and Europe to sidestep sanctions that bar U.S.-based companies from dealing with state-run PDVSA, according to […]
March 21, 2019

Roche sues U.S. executives in fight over diabetes test strips

Roche is seeking tens of millions of dollars in damages and compensation in a U.S. lawsuit against former executives of a Utah-based company, the Swiss drugmaker’s […]
March 21, 2019

From California to Oslo: foreign subsidies fuel Norway’s e-car boom, for now

On the outskirts of Oslo, a row of Fiat 500es imported from California stand parked in the snow outside the Buddy Electric dealership, part of a […]
March 21, 2019

Asian shares rise on Fed dovishness; growth concerns linger

Shares in Asia rose on Thursday after the U.S. Federal Reserve abandoned forecasts for any interest rate hikes this year, Powered by WPeMatico
March 21, 2019

China Geely Auto’s full-year profit jumps 18 percent, shares climb

China’s Geely Automobile Holdings posted an 18 percent jump in annual net profit, driven by higher sales of its sedans and sports utility vehicles (SUVs), but […]
March 21, 2019

Boeing, FAA face more pressure from U.S. lawmakers over 737 MAX accidents

Pressure mounted on Boeing Co in Washington as U.S. lawmakers called for executives to testify about two crashed 737 MAX jets, even as the world’s biggest […]
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