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Huawei unwanted: Asian shops shun phone trade-ins...
on May 23, 2019 at 10:09 am

Mobile phone retailers in some Asian countries are refusing to accept Huawei devices for trade-ins, as more consumers look to offload their device on worries Google suspending business with the Chinese firm will disrupt services. […]

Malaysian police raid Deloitte office for...
on May 23, 2019 at 10:03 am

Malaysian police raided the Kuala Lumpur office of audit firm Deloitte on Thursday as part of a widening probe into a multibillion-dollar scandal at state fund 1MDB, two police sources told Reuters. […]

Deutsche Bank CEO readies investment bank cuts as...
on May 23, 2019 at 9:59 am

Deutsche Bank's chief executive is prepared to make "tough cutbacks" in its investment banking business, whose future is in doubt after several failed restructurings, in order to be profitable and competitive. […]

Deutsche Bank chairman signals cuts are in store...
on May 23, 2019 at 9:46 am

Deutsche Bank Chairman Paul Achleitner on Thursday signaled cuts are in store at Germany's largest lender and that the chief executive would soon elaborate on the topic at the bank's annual general meeting. […]

Ex-Nissan boss Ghosn to ask for monitored visit...
on May 23, 2019 at 9:38 am

Lawyers for Carlos Ghosn will ask a Japanese court to allow the former Nissan Motor boss one monitored visit with his wife after the Supreme Court upheld curbs on contact with his spouse while he is on bail, his legal team said on Thursday. […]

Italy's Salvini says League party ready to back...
on May 23, 2019 at 9:35 am

Italy's ruling League party is ready to back a state rescue of Carige in the absence of private investors willing to plug in a capital shortfall at the ailing bank, Deputy Prime Minister Matteo Salvini was quoted as saying. […]

Trade woes sink shares, Brexit weighs on sterling
on May 23, 2019 at 9:20 am

World shares made it four days in the red in the last five on Thursday as concerns grew that the China-U.S. trade conflict was fast turning into a technology cold war between the world's two largest economies. […]

China says lodged solemn representations with...
on May 23, 2019 at 9:15 am

China said on Thursday it had lodged solemn representations with the United States after it escalated a trade war between the two countries by placing Chinese telecoms equipment maker Huawei Technologies Co Ltd on a blacklist for U.S. suppliers. […]

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