Business News
Big axe falls as Deutsche Bank to lay off 18,000 in $8.3 billion ‘reinvention’
By Tom Sims, Paulina Duran, Sumeet Chatterjee and Matt Scuffham
Articles by admin
Business News
U.S. prosecutors say financier Epstein trafficked girls for sex, ask victims to come forward
American financier Jeffrey Epstein was charged with sex trafficking on Monday, as prosecutors accused him of luring dozens of girls as young as 14 to his luxury homes in New York and Florida and paying them for sex acts.
Business News
German diplomat tells U.S., EU: don’t use agriculture to block trade deal
The United States and European Union should use common sense to move forward with formal negotiations about a trade agreement, instead of allowing disagreements over agriculture to block progress, a senior German diplomat told Reuters.
Business News
E-scooters put Swedish start-up on road to positive cashflow
Growing numbers of young people whizzing around Europe’s big cities on electric scooters may represent a nightmare for some pedestrians and motorists, but for Swedish sharing start-up VOI they offer a path to positive cashflow.
Business News
Global shares fall as prospect of sharp U.S. rate cut fades
Stocks around the world fell on Monday after strong U.S. job gains tempered expectations the Federal Reserve will deliver a large interest rate cut.
Business News
American financier Epstein lured underage girls for sex acts: U.S. prosecutors
American financier Jeffrey Epstein was charged with sex trafficking on Monday, as prosecutors accused him of luring dozens of girls as young as 14 to his luxury homes in New York and Florida and paying them for sex acts.
Business News
Oil rises on Iran’s new nuclear threats
Oil prices firmed on Monday on tensions over Iran’s nuclear program but gains were capped by concerns about global economic growth and consequently oil demand.
Business News
Axe falls as Deutsche Bank lays off 18,000 in $8.3 billion reinvention
Deutsche Bank laid-off staff from Sydney to New York on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) “reinvention” which will lead to yet another annual loss and knocked its already battered shares.
Business News
Deutsche Bank careers end in an envelope, a hug and a cab ride
Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of a restructuring announcement.
Business News
Deutsche Bank overhaul to hit FactSet profit: Credit Suisse
Deutsche Bank AG’s move to scrap its global equities operations could dent the 2020 fiscal profit for FactSet Research Systems Inc, Credit Suisse analysts said on Monday.
Healthcare
CytoDyn (OTC: CYDY) Names Dr. Jonah Sacha as its Senior Science Advisor to Explore Leronlimab (PRO 140) Potentials in HIV Pre-Exposure Prophylaxis (PrEP) and Cure
VANCOUVER, Washington, Jul 08, 2019 — CytoDyn Inc. (otc.qb:CYDY), (“CytoDyn” or the “Company”), a late stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications today announced the […]
Newsmakers
Phunware (NASDAQ: PHUN) to Ring Nasdaq Opening Bell
Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, announced today that Alan S. Knitowski, Chief Executive Officer and Co-Founder, and Luan D. […]
Business News
U.S. financier Epstein lured underage girls to his mansions for sex acts: prosecutors
American financier Jeffrey Epstein was charged with sex trafficking on Monday, as prosecutors accused him of luring dozens of girls as young as 14 to his homes in New York and Florida and paying them for sex acts.
Business News
Wall St. falls as Apple drags, sharp rate cut hopes fade
U.S. stocks fell on Monday, dragged down by losses in Apple and Boeing and as investors cut back bets of an aggressive interest rate cut by the Federal Reserve later this month.
Business News
Oil rises amid Iran’s new nuclear threats
Oil prices firmed on Monday amid tensions over Iran’s nuclear program but gains were tempered by concerns about global economic growth and consequently oil demand.