Business & Finance Deutsche Bank plans separate ‘corporate bank’ unit as part of overhaul FRANKFURT: Deutsche Bank is planning to create a separate "corporate bank" unit that will seek to streamline services cu Published 05 Jul, 2019 08:51pm
Markets TSX futures lower ahead of US jobs data Stock futures pointed to a lower opening for Canada's main stock index on Friday ahead of the release of a crucial US jo Published 05 Jul, 2019 08:47pm
Markets Sinking yields puts euro on track for biggest weekly drop in 3 weeks LONDON: The euro fell a fifth of a percent against the dollar on Friday and is set for its biggest weekly drop in three Published 05 Jul, 2019 08:44pm
World South Africa's Ramaphosa: US-China trade war born from jealousy JOHANNESBURG: President Cyril Ramaphosa said on Friday that South Africa cannot allow its economy to be held back by the Published 05 Jul, 2019 08:43pm
Business & Finance Indian banks' loans rose 12pc y/y in two weeks to June 21: central bank BENGALURU: Indian banks' loans rose 12pc in the two weeks ended June 21 from a year earlier, while deposits rose 10pc, t Published 05 Jul, 2019 08:42pm
Business & Finance BMW's Zipse poised to succeed Krueger as CEO FRANKFURT: BMW's Oliver Zipse, currently board member for production, is the frontrunner to become chief executive (CEO) Published 05 Jul, 2019 08:40pm
Business & Finance India's forex reserves hit $427.68bn, as of June 28: central bank BENGALURU: India's foreign exchange reserves rose to $427.68 billion, as of June 28, compared with $426.42 billion a wee Published 05 Jul, 2019 08:31pm
Markets Portugal to offer 10-, 26-year bonds on Wednesday LISBON: Portugal will offer a total of up to 1.25 billion euros ($1.41 billion) of 10-year and 26-year government bonds Published 05 Jul, 2019 08:30pm
Markets SOFTS-Arabica coffee hits 7-month high on Brazil frost threat LONDON: Arabica coffee futures on ICE rose to the highest level in more than seven months on Friday, boosted by forecast Published 05 Jul, 2019 08:28pm
Business & Finance Nigeria's central bank sets regulation to boost lending LAGOS: Nigeria's central bank has told banks to maintain a minimum loan-to-deposit ratio of 60pc by September, part of a Published 05 Jul, 2019 08:27pm
Markets Brazil's Petrobras puts offshore gas fields, exploration bloc up for sale RIO DE JANEIRO: Brazilian state-run oil firm Petroleo Brasileiro SA has put its Peroa and Cangoa shallow-water natural gas f Published 05 Jul, 2019 08:25pm
World Canada economy sheds 2,200 jobs in June but wage growth jumps OTTAWA: Canada's economy shed a net 2,200 jobs in June after two months of gains, but wages jumped by the most in more t Published 05 Jul, 2019 08:24pm
Markets ARA diesel imports hit 1-1/2 year high in June LONDON: Waterborne June diesel imports into the Amsterdam-Rotterdam-Antwerp refining and storage hub rose to their highe Published 05 Jul, 2019 08:22pm
Markets CBOT Trends - Wheat steady-down 2 cents, corn steady-down 3 cents, soybeans up 1-3 cents CHICAGO: Following are US trade expectations for the opening of grain and soy complex trading at the Chicago Board of Tr Published 05 Jul, 2019 08:21pm
Markets CPC Blend July oil exports revised up to 5.61mn t MOSCOW: Caspian CPC Blend crude oil exports from the Black Sea's terminal of Yuzhnaya Ozereyevka are revised up to 5.61 Published 05 Jul, 2019 08:19pm
Markets Strong jobs gains send dollar to more than two week highs NEW YORK: The US dollar gained against a basket of currencies to its highest levels in 2-1/2 weeks on Friday after data Published 05 Jul, 2019 08:18pm
Markets Indian gold discounts at 3-year peak after import duty increase MUMBAI: Domestic gold prices in India jumped to a record on Friday following an unexpected increase in import duty in th Published 05 Jul, 2019 08:16pm
Markets C$ pulls back from 8-month high after surprise jobs decline TORONTO: The Canadian dollar weakened against its US counterpart on Friday, pulling back from an eight-month high the da Published 05 Jul, 2019 07:52pm
Markets Gold slides 1.5pc as solid US jobs data trims Fed rate cut bets Gold slid more than 1.5pc on Friday and was set for its first weekly fall in seven weeks after data showed US job growth Published 05 Jul, 2019 07:50pm
Business & Finance Volkswagen, Ford reach outline agreement to share electric, autonomous tech FRANKFURT: Ford and Volkswagen have reached an outline agreement to share electric and autonomous car technologies, exte Published 05 Jul, 2019 07:49pm