Deutsche Bank's chief executive on Thursday told German broadcaster n-tv that he did not think Germany's top bank would apply negative interest rates to the accounts of private customers in general.
Deutsche Bank plunged to a bigger than expected loss of 5.7 billion euros ($6.3 billion) last year, its fifth in a row, as the cost of its latest turnaround attempt hit earnings.
The boss of Jaguar Land Rover (JLR) will step down from his role at the end of his contract term in September as Britain's biggest carmaker shows signs of improvement after a torrid 2019 of job cuts, deep losses and falling sales.
India's Tata Motors Ltd reported a quarterly profit on Thursday, compared with a year-earlier loss, as the maker of British luxury car brands Jaguar and Land Rover kept a tight lid on costs.
Stocks across the world tumbled on Thursday as the death toll from a virus spreading in China reached 170, forcing airlines to cut flights and stores to close as the potential economic hit from the outbreak came into focus.
A rapidly spreading virus outbreak in China is emerging as a potentially major new risk to the global economy and leaving policymakers, still grappling with the impact of the Sino-U.S. trade war, fretting over the widening fallout.
Oil prices fell on Thursday as alarm spread over the economic impact of the Wuhan virus in China, while a bigger-than-expected increase in U.S. crude stocks added to the negative tone.
Frankfurt will no longer host the German auto show from 2021 after almost 70 years as the home of the annual exhibition of the industry's latest innovations, the VDA auto association said late on Wednesday.
Asian stocks and currencies tumbled further on Thursday, as the rising death toll from a virus spreading from China led airlines to cut flights and stores to close, increasing pressure on the world's second-largest economy as fears of a pandemic grow.
Following is the full text of the statement released by the Federal Reserve's Federal Open Market Committee on Wednesday following a two-day meeting:
Oil prices were mixed on Wednesday as worries about the coronavirus outbreak and swelling U.S. crude inventories weighed on prices, counter-balanced by talk that OPEC could extend oil output cuts.
Alphabet Inc's Google is temporarily shutting down all its offices in China due to the outbreak of a new coronavirus in the country, technology website The Verge reported on Wednesday.
The Federal Reserve held interest rates steady on Wednesday at its first policy meeting of the year, with the head of the U.S. central bank pointing to continued moderate economic growth and a "strong" job market, and giving no sign of any imminent changes in borrowing costs.
Lyft Inc said on Wednesday it had cut about 2% of its workforce, or 90 jobs, as the ride-hailing company seeks to achieve its goal of profitability by the end of 2021.
Lyft Inc plans to announce a restructuring that will result in job cuts, the New York Times reported on Wednesday, citing two people with knowledge of the matter.