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Reuters•15 minutes agoDeutsche Bank plans to exit from equities markets - Bloomberg
FRANKFURT (Reuters) - Deutsche Bank is planning to withdraw from a number of equities markets across the globe, Bloomberg News reported on Wednesday.
Reuters•15 minutes agoUber widens health cover in Europe as new CEO meets France's Macron
Uber plans to offer all its European drivers an upgraded version of the health insurance it already provides in France in a drive to attract independent workers and fend off criticism over their treatment. The San Francisco-based taxi app, which tied up with insurer AXA last year to offer French drivers
Reuters•15 minutes agoLouis Vuitton designer Ghesquiere signs new contract
PARIS (Reuters) - Louis Vuitton designer Nicolas Ghesquiere has signed a new contract, delivering a potential boost to luxury goods giant LVMH for which Louis Vuitton is a key source of profits.
Associated Press•16 minutes agoComcast prepares to move in on Twenty-First Century Fox
Comcast may make an offer for Twenty-First Century Fox, potentially putting it in a head-to-head bidding war with Disney. Comcast Corp. on Wednesday did not provide specific details on a bid, other than to say that it would be all cash and at a premium to the value of Disney's current all-stock
Reuters•17 minutes agoShell says Nigeria's Bonny Light crude still under force majeure
Royal Dutch Shell said on Wednesday a declaration of force majeure remained in place on shipments of Nigerian Bonny Light crude oil, while exports at the Forcados shipping hub were running as normal. Shell's Nigerian subsidiary, Shell Petroleum Development Company of Nigeria Ltd (SPDC), said on
- Engadget•17 minutes ago
FL Studio's music-making software comes to the Mac
Image-Line has released the latest version of its music production software,
Reuters•19 minutes agoRalph Lauren tops estimates as margins improve
(Reuters) - Ralph Lauren Corp on Wednesday reported a higher-than-expected quarterly profit, as the luxury apparel maker's move to pull products off department store shelves and sell more products at full-price boosted margins.
Associated Press•19 minutes agoFrance's Macron takes on Facebook's Zuckerberg in tech push
Facebook CEO Mark Zuckerberg may finally find a friendly face when he meets French President Emmanuel Macron. Macron welcomed Zuckerberg and the leaders of Microsoft, Uber, IBM and dozens of other tech bosses at a conference Wednesday aimed at persuading them to use their global influence for the public
- EdgeProp•20 minutes ago
Park Hotel Group unveils first look at Grand Park City Hall hotel
Park Hotel Group has released the first images of its flagship Grand Park City Hall hotel. Located on Coleman Street in the Civic District, the 186-room luxury hotel is currently under renovation. When the renovations are completed, the hotel will have 157 new rooms and suites, as well as a new gym
Reuters•21 minutes agoHousehold debt biggest risk to Swedish economy, central bank says
High levels of household debt are the greatest risk to Sweden's financial system despite a recent cooling off in the housing market, the central bank said in its semi-annual stability report, published on Wednesday. House prices have surged for years, but the market has wobbled since autumn last
- Motley Fool•22 minutes ago
Sales Surge, Profits Plunge at Aerojet Rocketdyne
Aerojet stock meanwhile, first plunges, then surges. The question is, why?
- Reuters•24 minutes ago
Revlon names Debra Perelman as CEO
Perelman, who is currently chief operating officer, is the daughter of Revlon board chairman Ronald Perelman and has spent more than 20 years at the company. Perelman will be Revlon's first female CEO and was most recently the executive vice president MacAndrews & Forbes, the holding company through
Reuters•26 minutes agoIndia to take a 'long-term' view on fuel pricing - law minister
India wants to take a long-term view on pump prices of petrol and diesel to shield consumers from the volatility in global markets, the country's law minister said on Wednesday, indicating the government could change its fuel pricing mechanism. Prices of diesel and petrol in India have surged to
- Motley Fool•28 minutes ago
TJX Companies Gets the Job Done in the First Quarter
The off-price retailer kept up its strong holiday-season growth pace to start its new fiscal year.
Associated Press•28 minutes agoRalph Lauren: Fiscal 4Q Earnings Snapshot
Ralph Lauren Corp. (RL) on Wednesday reported fiscal fourth-quarter net income of $41.3 million, after reporting a loss in the same period a year earlier. The New York-based company said it had profit ...
- Associated Press•29 minutes ago
China pledges to work seriously with US ahead of Ross' visit
China's government has pledged to work conscientiously with Washington on resolving a sprawling trade dispute ahead of a visit by U.S. Commerce Secretary Wilbur Ross to Beijing. China's Commerce Ministry said Wednesday it welcomes imports of "high-quality and competitive" American
Reuters•29 minutes agoChinalco, city officials punished for environmental breaches
The graft watchdog of China's ruling Communist party said on Wednesday that officials from a branch of Aluminum Corp of China, known as Chinalco, and a number Chinese cities had been disciplined for environmental failures. The general manager of Chinalco's Lanzhou branch, in the northwestern
Reuters•31 minutes agoU.S.-China trade deal 'too hard to get done,' Trump says
In an early morning post on Twitter, Trump cited difficulties such as verification but gave no other details about what he or his administration was looking for amid ongoing negotiations. Representatives for the White House did not immediately respond to a request for more details about the president
Associated Press•31 minutes agoTrump: US may need new 'structure' for China trade deal
President Donald Trump says the U.S. will probably need a "different structure" when it comes to trade with China. His tweet Wednesday comes after the two countries agreed to suspend plans to ...
Reuters•32 minutes agoU.S.-China trade deal 'too hard to get done,' Trump says
In an early morning post on Twitter, Trump cited difficulties such as verification but gave no other details about what he or his administration was looking for amid ongoing negotiations. Representatives for the White House did not immediately respond to a request for more details about the president
- Associated Press•33 minutes ago
MTS: 1Q Earnings Snapshot
The Moscow-based company said it had profit of 29 cents per share. The telecommunications company posted revenue of $1.9 billion in the period. MTS shares have increased 3 percent since the beginning of ...
- AFP•34 minutes ago
The scandals bedevilling Facebook
As Facebook chief Mark Zuckerberg pursues a tour of Europe to explain his company's shortcomings involving the use of data and fake news, here is a roundup of the scandals. In Facebook's telling, everything goes back to 2013 when Russian-American researcher Aleksandr Kogan creates a personality
Reuters•34 minutes agoChina welcomes high-quality U.S. products to enter its market
HONG KONG (Reuters) - China welcomes high-quality and competitive products made by the United States to enter its market, the commerce ministry said on Wednesday.
