Articles by admin

Talks between Deutsche Bank and Commerzbank are proceeding well, a person with knowledge of the talks said on Thursday.

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UniCredit SpA is preparing a rival multi-billion-euro bid to take control of Commerzbank AG, as Deutsche Bank AG is facing troubles with its move to buy its rival German lender, the Financial Times reported on Thursday.

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Oil prices slipped a second day on Thursday, with Brent edging down further from the $70 mark after weekly U.S. oil data showed a surprise build in crude inventories and record production.

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Abu Dhabi Islamic Bank and First Abu Dhabi Bank denied on Thursday they were in merger talks after a news report said the emirate was considering combining them.

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After three false starts and a labor protest over harsh working conditions, Turkey will fully open a new airport in Istanbul this week that will give its fast-growing flagship airline a platform to challenge Gulf rivals for regional dominance.

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The Massachusetts Institute of Technology (MIT) said on Wednesday it has cut collaborations with Huawei Technologies and ZTE Corp over U.S. federal investigations of the Chinese technology companies’ alleged violations of sanctions.

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UniCredit SpA is preparing a rival multi-billion-euro bid to take control of Commerzbank AG, as Deutsche Bank is facing troubles with its move to buy the lender, the Financial Times reported on Thursday.

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Carlos Ghosn’s sudden emergence on Twitter, a day before he was re-arrested on Thursday, has raised questions about whether the former Nissan Motor boss violated the strict terms of his $9 million bail – something his lawyer has denied.

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UniCredit SpA is preparing a rival multi-billion-euro bid to take control of Commerzbank AG, amid Deutsche Bank’s move to buy the lender is facing troubles, the Financial Times reported on Thursday.

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South Korea’s three mobile carriers and top U.S. telco Verizon Communications commercially launched 5G services on Wednesday, ahead of their initial schedules, as they rushed for first spot in the race to roll out the latest wireless technology.

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Asian shares held near an eight-month peak on Thursday as investors awaited developments on Sino-U.S. trade talks, with both sides appearing closer to signing a deal and improved risk appetite weighing on safe-haven assets like the yen.

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Oil prices were mixed on Thursday, with Brent edging higher toward the psychologically important $70 level after easing in the previous session on data showing a surprise build in U.S. inventories.

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Japanese prosecutors arrested ousted Nissan boss Carlos Ghosn for a fourth time on Thursday on charges of trying to enrich himself to the tune of $5 million at the automaker’s expense, in what media reports linked to payments to an Omani dealer.

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Chinese social media and gaming giant Tencent Holdings Ltd said on Thursday it has raised $6 billion in a bond sale, with proceeds earmarked for refinancing and general corporate purposes.

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