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Foreign airlines to face new rivals on popular China routes as restrictions ease

Foreign airlines that fly on 20 popular long-haul routes to China will face fresh competitive pressure as Beijing begins to ease decade-old restrictions on Oct. 1, allowing more Chinese carriers to offer service......»»

Category: topSource: REUTERS35 min. ago Related News

Deutsche Bank comfortable with consensus forecasts: CFO

Deutsche Bank is comfortable with consensus forecasts for the third quarter, the lender's finance chief said on Wednesday, as he played down speculation of a possible merger......»»

Category: topSource: REUTERS35 min. ago Related News

Nissan blames latest improper tests on "low awareness" of rules

Nissan Motor Co said on Wednesday an "extremely low awareness" of the seriousness of inspection standards and rules had led to improper measuring of exhaust emissions and fuel economy in vehicle models made in Japan......»»

Category: topSource: REUTERS35 min. ago Related News

Brexit at breaking point? Diary dates for Britain"s EU departure

With just six months to go until the United Kingdom is due to leave the European Union, negotiations are at what Prime Minister Theresa May has called an impasse......»»

Category: topSource: REUTERS35 min. ago Related News

Anbang in talks to sell Japan real estate to Blackstone, other bidders: sources

Anbang Insurance Group Co Ltd [ANBANG.UL] aims to sell $200 million worth of Japanese real estate to bidders including Blackstone Group LP , about two years after buying them from the U.S. investment firm, two people with knowledge of the matter said......»»

Category: topSource: REUTERS35 min. ago Related News

Against trade war, Fed backdrop China sets positive world equity tone

A Chinese equity bounce set a modestly positive tone for world stocks on Wednesday as bets that Beijing would expand stimulus to support its economy helped offset some of the worries about global trade tensions and $80-a-barrel oil......»»

Category: topSource: REUTERS35 min. ago Related News

Oil eases, but Iran sanctions keep prices near late 2014 highs

Oil prices eased on Wednesday but were still set for a fifth consecutive monthly quarter of gains, driven by an impending drop in Iranian exports in the last three months of the year when global demand heats up......»»

Category: topSource: REUTERS35 min. ago Related News

Exclusive: JPMorgan in talks to lead Lyft"s IPO - sources

JPMorgan Chase & Co is in talks about leading Lyft Inc's upcoming initial pub.....»»

Category: topSource: REUTERS35 min. ago Related News

Germany"s deputy finance minister urges insurers to prepare for no-deal Brexit

German Deputy Finance Minister Joerg Kukies on Wednesday urged insurers to prepare for a no-deal Brexit and added that the German government was very interested in attracting financial service providers looking to leave Britain due to Brexit......»»

Category: topSource: REUTERS35 min. ago Related News

Daimler names R&D head as next CEO, Zetsche to become chairman

Daimler named research chief Ola Kaellenius as its next CEO on Wednesday in a succession plan that promotes a raft of tech-savvy managers at its Mercedes-Benz car brand and also seeks to install long-serving CEO Dieter Zetsche as chairman......»»

Category: topSource: REUTERS35 min. ago Related News

Deutsche Bank dismisses merger reports as "fictions"

Deutsche Bank has dismissed speculation that it might seek a merger as "fictions", after media reports suggested Germany's biggest lender might seek tie ups with Switzerland's UBS or German peer Commerzbank......»»

Category: topSource: REUTERS35 min. ago Related News

EU negotiator seeks orderly Brexit, new partnership respecting UK sovereignty

The European Union's negotiator Michel Barnier said on Wednesday that he was working for a Brexit deal and a future cooperation model with Britain that would respect the UK's sovereignty......»»

Category: topSource: REUTERS35 min. ago Related News

Merck"s Frazier to remain CEO beyond 2019

Merck & Co Inc's Kenneth Frazier will stay on as chief executive beyond 2019, the drugmaker said on Wednesday, after it scrapped a policy requiring its CEO to retire at the age of 65......»»

Category: topSource: REUTERS35 min. ago Related News

Deutsche Bank looked at merger scenario with UBS: Handelsblatt

Deutsche Bank has considered a theoretical merger with UBS to study the effects of any tie-up, the German business daily Handelsblatt reported on Wednesday, citing people familiar with the matter......»»

Category: topSource: REUTERS4 hr. 35 min. ago Related News

Talks on Air India bailout package at "advanced stage": official

Discussions on a bailout package for embattled state-run carrier Air India are at an "advanced stage", the country's junior aviation minister Jayant Sinha said on Wednesday......»»

Category: topSource: REUTERS4 hr. 35 min. ago Related News

Timeline: Brexit at breaking point? Diary dates for Britain"s EU departure

With just six months to go until the United Kingdom is due to leave the European Union, negotiations are at what Prime Minister Theresa May has called an impasse......»»

Category: topSource: REUTERS4 hr. 35 min. ago Related News

Brexit and the City: A barometer for London"s financial outlook

London's skyline is changing fast, pierced by gleaming new skyscrapers which defy predictions of a Brexit-related slowdown in the capital's two financial districts......»»

Category: topSource: REUTERS4 hr. 35 min. ago Related News

Factbox: Reuters surveys UK financial services jobs post-Brexit

As few as 630 UK-based finance jobs have been shifted or created overseas so far ahead of Brexit, while the number of jobs that UK-based financial institutions said they expected to move in the event of a "hard" Brexit is 5,766, a Reuters survey shows......»»

Category: topSource: REUTERS4 hr. 35 min. ago Related News

Exclusive: With six months to go before Brexit, 630 finance jobs have left - Reuters survey

As few as 630 UK-based finance jobs have been shifted or created overseas with just six months to go before Brexit, a far lower total than banks said could move after Britain's surprise vote to leave the European Union, according to a new Reuters survey......»»

Category: topSource: REUTERS4 hr. 35 min. ago Related News

Brent oil trades near four-year high, but U.S. crude retreats

Brent crude was trading around its highest in nearly four years on Wednesday, while U.S. crude futures fell as Washington tried to assure consumers that the market would be well supplied before sanctions are re-imposed on producer Iran......»»

Category: topSource: REUTERS4 hr. 35 min. ago Related News