Deutsche Bank welcomes Capital Group with 3.1% stake
Deutsche Bank said on Thursday that Capital Group now holds a 3.1% stake in the German bank, making the Los Angeles-based firm one of its largest shareholders.
Deutsche Bank said on Thursday that Capital Group now holds a 3.1% stake in the German bank, making the Los Angeles-based firm one of its largest shareholders.
Cost cuts helped Nokia to a surprise rise in its October-December underlying profit on Thursday, although the Finnish telecom network equipment maker flagged tough times ahead and said it would not propose a dividend for 2019.
Japan's Mitsubishi Heavy Industries said on Thursday it will book a 496.4 billion yen ($4.5 billion) special loss after its aircraft unit delayed the delivery of its SpaceJet regional jet for at least another year until after March 2021.
Malaysian Prime Minister Mahathir Mohamad said on Thursday payments received to offset the costs of a high-value order could not be constituted as a bribe.
Stock markets across the world gained on Thursday, helped by record highs on Wall Street and a move by China to halve tariffs on some U.S. goods as investors bet that the global economy would avoid long-term damage from the coronavirus.
French drugmaker Sanofi on Thursday forecast further profit growth for 2020 even as it drops some research in areas such as diabetes in a shake-up to narrow its focus on blockbuster treatments including eczema medicine Dupixent.
Honda Motor Co is considering keeping operations suspended for longer than planned at its three plants in the Chinese city at the center of the new coronavirus outbreak, the Nikkei newspaper reported on Thursday.
Britain is seeking far-reaching reductions in tariffs from a trade deal with the United States, trade minister Liz Truss said on Thursday, setting out the broad aims of her post-Brexit push to secure new free trade agreements.
Oil futures rose for a second day on Thursday boosted by potential OPEC+ action to counter oil demand loss from the coronavirus outbreak and by optimism that trade tensions between the world's two biggest economies were easing.
Britain is seeking far-reaching reductions in tariffs in a trade deal with the United States, trade minister Liz Truss said on Thursday, setting out the broad aims of her post-Brexit push to secure new free trade agreements.
China's Xiaomi, Huawei Technologies, Oppo and Vivo are joining forces to create a platform for developers outside China to upload apps onto all of their app stores simultaneously, in a move analysts say is meant to challenge the dominance of Google’s Play store.
Malaysian Prime Minister Mahathir Mohamad said on Thursday payments received to offset the costs of a high-value order could not be constituted as a bribe.
Total beat forecasts on Thursday by keeping net adjusted profit for the fourth quarter steady at $3.2 billion despite low oil prices and fulfilled a pledge to boost dividends, lifting the French energy major's shares.
Toyota Motor Corp nudged up its annual operating profit forecast by 4.2% on favorable currency rates and better-than-expected sales, but added the impact of the new coronavirus was hard to gauge and had not yet been factored in.
Alphabet Inc's Google Maps on Thursday launched a redesign that prominently solicits users' reviews and photos of places they visit, seeking to grow its data in a field led by local search apps such as Zomato, TripAdvisor and Yelp.