Deutsche Bank (DBK) is paying €50 million for a 4.9% stake in open-banking start-up, Deposit Solutions, in a transaction that values the company at more than €1 billion ($1.1 billion)
The chief executive officer (CEO) of American networking hardware company, Cisco Systems (CSCO), has banished fears of a breakdown in the technology sector’s global supply chains, despite the Trump administration pressuring U.S. companies to cut ties with China.
The U.S. central bank cut interest rates by a quarter of a percentage point on Wednesday, its second cut since late July, amid concerns about slowing global growth and ongoing trade wars.
New York has beaten London to be named the world’s top financial centre
BMW will not renew its primary electric car, the i3, marking the end of one of the most distinctive vehicles on the road
Singaporean ride-hailing company Grab is relying on its food delivery business - GrabFood - to drive growth and profitability in the long term
Chief Executive Officer of Disney, Bob Iger, has resigned from Apple’s board of directors, Apple said in an SEC filing on Friday
Chinese companies have become net sellers of global assets for the first time in a decade
Oil prices have increased by almost 20% following a coordinated drone attack hit the heart of Saudi Arabia’s oil industry on Saturday 14 September
The London Stock Exchange Group (LSE) has rejected the £32 billion proposal from the Hong Kong stock exchange, saying that its board had “fundamental concerns” about the offer’s strategy, deliverability, structure and value
Donald Trump hinted that he would consider an in terim trade deal with China, CNBC reported on Friday 13th September.
The pound (GBP) rose to its highest level - a seven-week high against the dollar, breaking through the $1.24 mark, as investors cut their bets on sterling falling as the risks of a no-deal Brexit could be receding
Yahoo Japan, which is part of the SoftBank Group, plans to tender an offer to acquire 50.1% of Zozo shares for ¥2,620 ($24) per share
Global stocks have risen as the U.S. and China take minor steps towards cooling trade tensions between each other.
The U.S. is expected to challenge Saudi Arabia’s position as the world’s leading oil exporter, after briefly overtaking the OPEC kingpin and claiming the number one spot earlier this year
