January 22, 2019

Verdi union speaks out against any Deutsche Bank, Commerzbank merger

Germany’s Verdi labor union on Tuesday voiced concern over any possible merger between Germany’s largest banks – Deutsche Bank and Commerzbank . Powered by WPeMatico
January 22, 2019

KPMG subject of second UK investigation over Carillion audit

Britain’s Financial Reporting Council (FRC) has opened a second investigation into how accounting firm KPMG audited the books of collapsed UK construction company Carillion, the watchdog […]
January 22, 2019

Foxconn says there is a need to hire 50,000 people in first-quarter after job cut reports

Taiwan’s Foxconn , assembler of Apple Inc’s iPhones, on Tuesday said it still has a need to hire 50,000 people in the first quarter, amid reports […]
January 22, 2019

Exclusive: Tesla says it received battery quotes from China’s Lishen but no deal agreed

Tesla Inc said on Tuesday it had received quotes from Tianjin Lishen to supply batteries for its new Shanghai electric car factory but had not signed […]
January 22, 2019

China’s Lishen says has not signed agreement with Tesla on supplying batteries

China’s Tianjin Lishen said on Tuesday it has not signed any agreement with Tesla Inc on supplying batteries to the U.S. electric vehicle maker’s Shanghai factory. […]
January 22, 2019

UBS sees bumpy road ahead after fourth-quarter profit miss

UBS warned of a tough start to 2019 after fourth-quarter earnings fell short of expectations in conditions Chief Executive Sergio Ermotti described as “historically tough”. Powered […]
January 22, 2019

Canada should ban Huawei from 5G networks, says former spy chief

Canada should ban China’s Huawei Technologies Co Ltd from supplying equipment to Canadian 5G networks because the security risk is too great, a former spy chief […]
January 22, 2019

Oil prices drop as China economic slowdown threatens to spread

Oil prices fell on Tuesday on signs that an economic slowdown in China, the world’s second-largest economy and oil consumer, was spreading, stoking concerns over future […]
January 22, 2019

Tesla says it has no agreement with Chinese battery maker Lishen

Tesla Inc denied on Tuesday that it had signed a preliminary agreement with Tianjin Lishen to supply batteries for its new Shanghai car factory, saying it […]
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