Allianz SE Chief Executive Officer Oliver Baete has €3 ($3.2bn) to spend on acquisitions and is scouting for targets from Australia to Italy....
Allianz SE Chief Executive Officer Oliver Baete has €3 ($3.2bn) to spend on acquisitions and is scouting for targets from Australia to Italy....
Deutsche Bank AG Chief Executive Officer John Cryan, who has settled regulatory probes, bolstered controls and cut billions of dollars of unwanted assets...
NEW YORK: After seeing big payoffs in Brazil and Argentina following market-friendly leadership changes, some fixed-income investors are betting on a similar bonanza...
It’s the latest chapter in an enduring Nordic saga pitting profit against nature. But the legal battle that an investment company has set...
LONDON: Bank of England Governor Mark Carney said on Thursday the bank had miscalculated the strength of British consumer spending in its assessment...
Tokyo: Sony on Thursday halved its full-year profit forecast as it was battered by a near $1 billion writedown on its movie unit...
San Francisco: Facebook's profits more than doubled in the final three months of 2016, as the social media platform saw its audience grow...
New York: The S&P 500 and the Dow were little changed yesterday as gains in technology stocks were offset by losses in energy,...
Indian makers of consumer goods and vehicles are among companies set to benefit from a tax break offered by Prime Minister Narendra Modi...
GCC sovereign issuances dominated the fourth quarter of 2016 (4Q16), with gross issuance topping $23bn. Saudi Arabia accounted for most of the activity, ...
Michigan: Toyota Motor Corp led carmakers reporting declining US sales in January, as an industry aiming for another record year maintains hefty spending...
New York: US private employers dded 246,000 jobs in January, above economists' expectations, a report by a payrolls processor showed yesterday. Economists surveyed...
LONDON: The premium investors demand to hold France’s government debt compared to that of its main euro zone peers hit multi-year highs on...
Frankfurt am Main: German carmaker Volkswagen and auto parts supplier Bosch on Wednesday announced payouts to US buyers of vehicles affected by the...
Abu Dhabi: The Lufthansa chief on Wednesday reiterated the German carrier's opposition to state subsidies for airlines, as he signed a cooperation deal...
Brussels: Euro zone inflation jumped in January, economic growth picked up and unemployment fell to a seven-year low, but the rebound looks unlikely...
The US Federal Reserve is expected to keep interest rates unchanged today in its first policy decision since President Donald Trump took office,...
New York: Deutsche Bank has agreed to pay $630m in fines for organising $10bn in sham trades that could have been used to...
