By Christoph Steitz, Andres Gonzalez and Emma-Victoria Farr FRANKFURT/LONDON (Reuters) -Morgan Stanley’s infrastructure investment arm is weighing a sale of…
Deutsche Bank cuts investment banking jobs as M&A deals dry up -source
NEW YORK (Reuters) -Deutsche Bank AG has cut staff in origination and advisory segments of its investment banking unit, according…
Amazon faces $1 billion lawsuit in UK for ‘favouring its own products’
LONDON (Reuters) – Amazon.com Inc is facing a lawsuit in Britain for damages of up to 900 million pounds ($1…
Wall St loses ground on fears of prolonged Fed hawkishness
By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended the session lower and benchmark Treasury yields continued their ascent…
Yen hits weakest level since 1990, pound down after PM announces resignation
By Karen Brettell NEW YORK (Reuters) – The dollar surpassed the symbolic level of 150 yen for the first time…
Italy’s Enel sells 50% of its grid services unit to CVC
MILAN (Reuters) – Italy’s biggest utility, Enel SpA, said on Thursday it reached a deal to sell 50% of its…
German producer prices rise more than expected in September
BERLIN (Reuters) – German producer prices rose more than expected in September, maintaining the previous month’s record pace as energy…
Oil near flat, inflation worries counter potential boost in China demand
By Stephanie Kelly NEW YORK (Reuters) -Oil prices were near flat during a choppy trading session on Thursday, as worries…
Affluent splash out on pricey Birkin bags but clouds loom
By Mimosa Spencer and Dominique Vidalon PARIS (Reuters) -Brushing off higher prices, affluent spenders are continuing to splash out on…
Gold trims gains as Treasury yields march higher
By Seher Dareen (Reuters) – Gold prices pared gains on Thursday, having risen about 1% on a softer dollar, as…