Deutsche Bank may announce investment bank revamp on Thursday: report

FRANKFURT (Reuters) - Deutsche Bank AG may announce changes in the strategy of its investment banking unit on Thursday along with quarterly earnings, a German newspaper reported on Tuesday.


Volvo Trucks plans to share electric truck battery tech across brands

TOKYO (Reuters) - Volvo Trucks plans to share battery technology across its brands to tame development and production costs for the crucial but expensive component, as the world's second-largest truck maker ramps up electric offerings, the company told R


HSBC to stop financing most new coal plants, oil sands, arctic drilling

LONDON (Reuters) - Europe's largest bank HSBC said on Friday it would mostly stop funding new coal power plants, oil sands and arctic drilling, becoming the latest in a long line of investors to shun the fossil fuels.


Martin Whitman, founder of Third Avenue Management, dies at 93

NEW YORK (Reuters) - Martin J. Whitman, the founder of New York-based investment firm Third Avenue Management and known for his "safe and cheap" value-investing strategy, died Monday evening at 93,...


Vivendi defends its strategy for Telecom Italia

PARIS (Reuters) - French media group Vivendi defended its strategy for Telecom Italia (TIM) in a document released on Tuesday, insisting it is best placed as the number one shareholder to provide stability for the former monopoly.


Shell defends climate strategy in clash with investors

LONDON (Reuters) - Royal Dutch Shell defended its ambition to cut carbon emissions on Monday, urging investors to oppose a shareholder resolution arguing that the oil and gas giant is not doing enough to meet international targets to tackle climate change


ECB asks Deutsche Bank to gauge investment banking exit costs: source

FRANKFURT (Reuters) - Deutsche Bank has been asked by European Central Bank supervisors to calculate the potential costs of winding down its investment banking operations, a source told Reuters on Sunday.


Pass master Ricciardo celebrates surprise victory in China

SHANGHAI (Reuters) - Daniel Ricciardo made a string of thrilling overtaking moves to snatch a surprise Chinese Grand Prix victory on Sunday after a safety car strategy gamble by his Red Bull team paid off handsomely.


Despite Trump's 'Mission accomplished', question raised over U.S. Syria strategy

WASHINGTON (Reuters) - Just over a year ago U.S. President Donald Trump ordered a missile strike against the Syrian government for a chemical weapons attack against its own people.


Olympics: Weightlifting chief hopes new anti-doping strategy secures sport's future

TOKYO, Japan (Reuters) - The International Weightlifting Federation hopes that "innovative and creative" rules targeting nations who have violated anti-doping regulations will secure the long term future of the sport in the Olympic program.

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Deutsche Bank's new CEO plans investment banking review

FRANKFURT (Reuters) - Deutsche Bank's leadership must take tough decisions to avoid further setbacks and will review the structure of its investment bank, new CEO Christian Sewing told staff on Monday.

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