Deutsche Bank’s shares rose by as much as 4.8% on Friday after Germany’s biggest bank passed an annual health check by the U.S. Federal Reserve, in a boost to its beleaguered Wall Street operations.
H&M shares jump as early summer sales shine
Swedish fashion group H&M said sales of its summer collections had started well and it would open fewer stores this year than previously planned as it adapts to the online shift, boosting its shares by 10%.
Airlines and regulators meet to discuss Boeing 737 MAX un-grounding efforts
Airlines and regulators are gathering at a closed-door summit in Montreal on Wednesday to exchange views on steps needed for a safe and coordinated return of Boeing Co’s grounded 737 MAX jets to the skies following two deadly crashes.
India’s L&T buys controlling stake in Mindtree – CNBC TV18
Indian conglomerate Larsen and Toubro Ltd (L&T) has acquired a controlling stake in IT services company Mindtree Ltd, CNBC TV18 channel reported citing sources.
Corrected: German business sentiment lowest since 2014: Ifo
(Corrects paragraph 2 to show reading above (not below) forecast)
France’s Carrefour takes step to exit China with Suning.com deal
Carrefour, Europe’s largest retailer, took a decisive step on Sunday toward a full exit of the Chinese market by selling a majority stake of its activities in the country to Suning.com
U.S. conservative group to launch attacks ads against Biden during Democratic debate
Club for Growth, a conservative political group, will launch new attack ads against Democratic presidential front-runner Joe Biden targeting his past statements about race that will run during his first debate appearance next week.
Italy’s Salvini threatens to resign in budget row with EU
Italy’s Deputy Prime Minister Matteo Salvini raised the stakes in a budget tussle with Brussels on Friday by threatening to resign and bring down the government unless he can push through at least 10 billion euros ($11 billion) of tax cuts.
Total cuts 200 jobs in Denmark
French oil major Total SA said on Thursday it would cut 200 jobs in Denmark as part of the redevelopment of the Tyra gas fields in the North Sea.
U.S. work visa caps to squeeze businesses, jobs: Nasscom
The United States’ plans to cap H1-B work visas, used by Indian IT firms to send employees there, would imply a “further crunch” for businesses to access skilled workforce, industry lobby group Nasscom said on Thursday.