Turkey’s lira extends slide after Moody’s cut rating to junk Crude rebounds ahead of OPEC talks aimed at limiting output Asian stocks dropped by the most in two weeks ... Read More
Commerzbank AG’s management is eyeing cuts of at least 5,000 jobs, or more than 10% of its workforce, and eliminating one of its units as part of a broader ... Read More
Airbnb just got a big cash infusion — and Google is one of its big investors. According to a new financial filing, the company has raised $555 million at a $30 ... Read More
Japanese authorities are ready to act against excessive yen rises, the government’s top spokesman said on Friday, issuing a fresh warning to markets against recent yen gains that could ... Read More
Social Democrat members said to have discussed bank’s finances Biggest German lender creeps into Berlin’s political debates Deutsche Bank AG’s finances, weakened by low profitability and mounting legal costs, ... Read More
Arguments about sound and unsound money often degenerate into a them-and-us dispute, with the supporters of unsound money casting sound money proponents as impractical out-of-date libertarian weirdos. Supporting one ... Read More
The first long-awaited upgrade of the Cyprus economy by the rating agencies for this Fall has finally arrived with the recent upgrade from S&P by one notch (from BB- ... Read More
Employment in the euro zone is rising faster than expected and this may continue, but at a cost to productivity and potentially to long-term economic growth, European Central Bank ... Read More
House prices in London’s prime locations will fall by 9 percent this year and not grow again until 2019 as buyers, already hit by increased property taxes, wait to ... Read More
Gold prices hit their highest level in 12 days after the Federal Reserveheld interest rates, but this rally may well be the last in the short-term, one gold pro says. Warren Gilman, ... Read More
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