Deutsche Bank expects a slight decline in its fixed-income business this quarter, but still sees overall revenue of 30 billion euros ($32.56 billion) in 2024, the chief financial officer of Germany’s largest bank said.
Geopolitical tensions, aircraft shortages and ambitious environmental targets will deliver a host of challenges to global airline bosses at an annual summit next week, with softening fares completing a delicate outlook for carriers.
UBS on Friday completed the merger of the main parent companies of the Swiss bank and Credit Suisse, which it acquired last year after its longtime rival collapsed, putting an end to one of the bastions of the country’s financial sector.
Japanese Prime Minister Fumio Kishida will announce a new economic and fiscal plan for the next six years on Tuesday aimed at boosting economic growth, two sources with direct knowledge of the matter told Reuters.
Shares of Gap climbed nearly 25% at $28.04 in premarket trading on Friday after the apparel retailer raised its full-year sales forecast in fresh signs that its turnaround strategy to bring in newer styles is starting to work.
U.S. stock index futures slipped on Friday, ahead of a closely watched inflation report that will likely provide markets with some direction about the scale and pace of interest-rate reductions by the Federal Reserve this year.
Nissan Motor paid former Chief Operating Officer Ashwani Gupta $3.7 million in compensation following his sudden departure last year, the Japanese automaker disclosed in a notice for its annual general meeting.
