FRANKFURT (Reuters) – Deutsche Bank said it has done enough to get its investment bank back on track as Chief Executive Christian Sewing came under renewed pressure from top investors. “We completed our adjustments ahead of schedule and now have a good foundation for growth,” the bank said in an emailed statement on Thursday. One […]
HONG KONG/DUESSELDORF (Reuters) – Chinese E-commerce giant Alibaba Group Holding Ltd is in talks with Germany’s Metro about taking a stake in the German retailer’s China operations, three sources told Reuters on Thursday. Metro and Alibaba declined to comment. The talks are at an early stage and could still fall apart, the sources said. Alibaba’s […]
(Reuters) – JPMorgan Chase & Co said on Thursday it plans to launch its own digital coins, called “JPM Coin”, that customers will be able to use for instant transfer of payments over a blockchain network. The largest U.S. bank by assets said customers, on depositing money at the bank, will be issued the cryptocurrency […]
(Reuters) – JPMorgan Chase & Co said on Thursday it plans to launch its own digital coins, called “JPM Coin”, that customers will be able to use for instant transfer of payments over a blockchain network. The largest U.S. bank by assets said customers, on depositing money at the bank, will be issued the cryptocurrency […]
LUXEMBOURG/BRUSSELS (Reuters) – BP, BASF and more than 30 other multinationals stand to benefit after EU judges overturned an order demanding Belgium revoke a tax break. The European Commission failed to prove that the Belgian tax break constituted aid, said the ruling by the General Court, the lower branch of the Court of Justice in […]
Marks and Spencer are rolling out huge price cuts on home and furniture items. Shoppers can now browse thousands of home accessories , ranging from luxurious bedding to stylish lighting, and save up to 20% off. Best-selling items like the retailer’s luxury Egyptian towels and top-rated bedding are featured in the price cuts along with […]
SINGAPORE – The Budget will focus on how companies can increase productivity and stay competitive, said Finance Minister Heng Swee Keat. This will involve, in part, an emphasis on improving capabilities in the workplace and getting firms to embrace technology. Mr Heng, who was speaking during a tour of the FairPrice distribution centre at Benoi […]
Travel software firm Datalex is undertaking a cost restructuring program, which it said will impact outsourced contractors and employees. The company did not provide details on how many employees would be at risk of losing their job. The programme will deliver savings of between $8m-$8.5m (€7m-€7.5m) in 2019. From 2020, Datalex, who’s shareholders include billionaire […]
NOW that our speaker tools have launched, we’re running lots of demos to see what the initial group of users think. We’re doing this in a very carefully managed way so that we maximise the usefulness of the feedback whilst minimising the downside of losing users that don’t see enough immediate value in what we’re […]
Query: I Run a manufacturing business and with all the talk of Brexit I am really worried about 2019. Several of my key customers are UK based. Is there any advice you can give me? Answer: It its confusing to say the least and the reality is that no one can be certain about what […]