Business & Finance News
A $10 billion wipeout over the last week has compounded the worst start to a year for equity flows since 2008, Bank of America Merrill Lynch strategists said on Friday.
Deutsche Bank and Commerzbank’s chief executives have resumed talks over a potential merger, Focus magazine reported on Friday.
Uber has paid around 2.3 million euros ($2.6 million) in a settlement after it was found to have offered an unlicensed taxi service in the Netherlands in 2014-2015, Dutch prosecutors said on Friday.
China’s exports tumbled the most in three years in February while imports fell for a third straight month, pointing to a further slowdown in the economy and stirring talk of a “trade recession”, despite a spate of support measures.
No internet, no email and surveillance cameras to monitor his comings and goings.
Deutsche Bank and Commerzbank managers have no official mandate for merger talks, two people with knowledge of the matter said on Friday.
Airbus shares fell on Friday after the European planemaker reported weak order figures.
The following conditions were imposed on ex-Nissan boss Carlos Ghosn as part of the $9 million bail that freed him from jail, according to a member of his legal team. If he violates these terms, he will be sent back to jail.
A Tokyo prosecutor said on Friday he thought the bail conditions imposed on Carlos Ghosn, the former head of Nissan Motor and Renault, would not be sufficient to prevent tampering of evidence.
China’s imports of major commodities fell across the board in February from a month earlier, according to official data released on Friday. The Lunar New Year holiday fell in early February this year.
The global art market experienced another uptick in 2018, helped by an increase in the spending power of millennials, a report published by UBS and Art Basel said on Friday.
In 2009, the chief executive of Emerson Electric Co. bluntly told investors at a Chicago conference what many of his counterparts at other manufacturing firms would only say privately.
China’s imports of major commodities fell across the board in February from a month earlier, according to official data released on Friday. The Lunar New Year holiday fell in early February this year.
China’s coal imports in February fell sharply from January after utilities curbed buying citing uncertainty over Beijing’s policies on shipments arriving from overseas, while the week-long lunar new year holiday also cut into business.
China’s crude oil imports rose to the third-highest volume on record on a daily basis on increasing purchases by new private refineries, while natural gas imports eased as demand dropped amid warmer temperatures, customs data showed on Friday.
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