Deutsche Bank’s chief executive Christian Sewing will spend 15% of his monthly net salary buying the German lender’s shares starting in September, a regulatory filing showed on Monday.
Global markets remained subdued on Monday after the United States and China imposed new tariffs on each other, while the spotlight returned to emerging-market risk as Argentina imposed capital controls.
Volkswagen will not be excluded from public sector contracts in the United States following its emissions scandal but will install a second U.S. monitor at its German headquarters, a spokesman for the carmaker said on Monday.
Argentina’s international dollar bonds hit record lows on Monday while its financial stocks tumbled and risk premia shot up after President Mauricio Macri reimposed capital controls on Sunday as the country’s debt crisis spirals.
The bitter trade war between China and the United States kept global factory activity largely in decline in August, business surveys showed, strengthening the case for policymakers to unleash fresh stimulus to fend off recession risks.
China aims to slash its growing dependence on gas imports by boosting domestic projects like shale fields as the security of its energy supply comes under the spotlight amid a festering trade war with the United States.
Some Chinese business sectors reported solid first half earnings, though a substantial fall in industrial profits and in tepid overseas investment inflows into China’s stock markets show fallout from the protracted trade war with the United States.
Global stocks dipped on Monday after the United States and China imposed new tariffs on each other’s goods, reinforcing investors’ worries over slowing global growth, with no clear end in sight for the trade war.
A court in Russia’s Far East ordered the seizure of a stake in Vostochny Bank [VOSEK.UL] held by private equity group Baring Vostok at Vostochny Bank’s own request, court documents published on Monday showed.
When China launched the expansion of the Shanghai free trade zone (FTZ) recently and announced six new zones in July, officials touted the efforts to attract foreign investment and deepen trade ties with neighboring countries.
Volkswagen will not be excluded from public sector contracts in the United States but will instead install a second U.S. monitor at its German headquarters, business daily Handelsblatt reported on Monday.
While U.S. sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports by more than 80%, oil product sales from the Islamic Republic remain strong at nearly $500 million a month, shipping data and Reuters calculations show.
Volkswagen will not be excluded from public sector contracts in the United States but will instead install a second U.S. monitor at its German headquarters, business daily Handelsblatt reported on Monday.
Wirecard has signed a memorandum of understanding with Softbank’s Brightstar and anticipates “significant transaction volume” out of the deal, the German fintech announced on Monday.
Global stock prices fell on Monday after the United States and China imposed new tariffs on each other’s goods, reinforcing investors’ worries over slowing global growth, with no clear end in sight for the trade war.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
