Banks should be setting aside this year's bumper profits to provision for clients defaulting on loans, says BaFin President Mark Branson.
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Banks should be setting aside this year's bumper profits to provision for clients defaulting on loans, says BaFin President Mark Branson.
The FAA announced an audit of Boeing's production line after a door plug blew out during an Alaska Airlines flight.
Shares of German software company SAP jumped Wednesday after it announced plans to restructure the jobs of 8,000 staff in a push toward artificial intelligence.
China pledged to reduce the amount of liquidity that its banks are required to hold as reserves early next month in its bid to boost its struggling economy.
U.S. Treasury yields were lower on Wednesday morning as investors brace themselves for two key pieces of economic data in the second half of the week.
Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a nearly 5% stake in the Tel Aviv Stock Exchange, the exchange reported in a press release Wednesday.
ASML, a Dutch company that makes machines required in the manufacturing of the world's most advanced chips, has been caught in the U.S.-China tech battle.
"Iran's three strikes were a three for one," Sanam Vakil, director of the Middle East and North Africa program at Chatham House, told CNBC.
Hot competition in China's electric car market is pushing local automakers to sell vehicles with fancy tech that Tesla doesn't yet offer in the country.
German train drivers' union GDL has announced what promises to be the longest rail strike on record for state-owned Deutsche Bahn, threatening more disruption for the country's industrial players. In a Jan. 22