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    Commerzbank aims to cut jobs, branches after Deutsche merger fails

    Reuters . Frankfurt | Updated at 12:00am on September 21, 2019

    Commerzbank said on Friday it wanted to cut 2,300 jobs and reduce the number of branches in a strategy overhaul, after the German lender’s attempt...

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    Fed’s Bullard, explaining dissent, says US manufacturing appears ‘in recession’

    Reuters . Washington | Updated at 12:00am on September 21, 2019

    The US manufacturing sector ‘already appears in recession’ and overall economic growth is expected to slow ‘in the near horizon,’ St Louis Federal Reserve Bank...

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    Airbnb may be everything WeWork isn’t

    Reuters . New York | Updated at 12:00am on September 21, 2019

    If there’s a company WeWork wishes it were, it could be Airbnb. The office-sharing firm’s initial public offering has been postponed because investors took a...

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    FAA waiting for more software details before 737 MAX can return to service

    Reuters . Washington | Updated at 12:00am on September 21, 2019

    Boeing Co still has a series of steps to complete before the 737 MAX can return to service, including submitting a pre-production version of a...

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    BoJ hopes new phrase will keep yen bulls at bay

    Reuters . Tokyo | Updated at 12:00am on September 21, 2019

    By adding vague new language to its latest policy statement, the Bank of Japan is hoping to keep unwanted sharp gains in the yen in...

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    Gold edges higher

    Reuters | Updated at 12:00am on September 21, 2019

    Gold prices rose on Friday and were headed for their first weekly gain in a month, supported by a softer dollar, tensions in the Middle...

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    Oil heading for 7pc weekly gain after Saudi attacks

    Reuters . London/Singapore | Updated at 12:00am on September 21, 2019

    Oil prices were on track to jump more than 7 per cent this week, their biggest weekly gain in months, on rising Middle East tensions...

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    Global shares soothed by stimulus

    Reuters . London | Updated at 12:00am on September 21, 2019

    World shares rose on Friday as stimulus measures by major central banks eased worries about growth, especially in Asian markets, while oil headed for its...

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    RBS picks first woman to lead major UK bank

    Agence France-Presse . London | Updated at 12:00am on September 21, 2019

    Britain’s bailed-out Royal Bank of Scotland on Friday appointed long-serving banker Alison Rose as chief executive, making her the first female boss of a major...

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    China cuts new loan rate for second month

    Reuters . Shanghai | Updated at 12:00am on September 21, 2019

    China cut its new one-year benchmark lending rate for the second month in a row on Friday, a step by the central bank to try...

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