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Bitcoin pulls back from 18-month highs after 10% weekend jump

Bitcoin pulled back from 18-month highs on Monday after jumping more than 10% over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Facebook unveiled its Libra digital coin......»»

Category: topSource: REUTERS33 min. ago Related News

FedEx apologizes for returning Huawei phone, reigniting Chinese ire

FedEx Corp has apologized for returning a package which the sender said contained a Huawei smartphone, blaming an "operational error" as it works to comply with U.S. restrictions on business with China's Huawei Technologies Co Ltd......»»

Category: topSource: REUTERS33 min. ago Related News

Lufthansa announces turnaround plan for budget unit Eurowings

German carrier Lufthansa announced a turnaround plan for Eurowings on Monday, saying its budget unit would in future focus on short-haul flights and seek a 15% cut in unit costs by 2022 in a bid to return to profit......»»

Category: topSource: REUTERS33 min. ago Related News

Oil prices up on U.S.-Iran tensions

Oil prices rose on Monday, extending vast gains last week prompted by tensions between Iran and the United States, as Washington was set to announce new sanctions on Tehran......»»

Category: topSource: REUTERS33 min. ago Related News

Danske Bank ousts former interim CEO after customers overcharged

Danske Bank has dismissed its former interim chief executive Jesper Nielsen after customers were overcharged for an investment product, a first step by its new boss to restore trust in the troubled lender......»»

Category: topSource: REUTERS33 min. ago Related News

Daimler slumps as diesel costs wipe out profit growth

Daimler shares fell as much as 5% on Monday after the German automaker cut its profit forecast for the third time in 12 months, saying it was setting aside hundreds of millions of euros to cover a regulatory crackdown on diesel emissions......»»

Category: topSource: REUTERS33 min. ago Related News

G20 nerves hit European stocks, dollar; oil gains

European stocks stumbled and the dollar dropped to three-month lows on Monday as hopes waned for progress in Sino-U.S. trade talks at this week's G20 meeting and fears grew of a confrontation with Iran......»»

Category: topSource: REUTERS33 min. ago Related News

China says FedEx should offer a proper explanation on Huawei

China's foreign ministry said on Monday that FedEx Corp should offer a proper explanation, after the firm apologized for refusing to ship a Huawei Technologies phone sent from Britain to the United States......»»

Category: topSource: REUTERS2 hr. 3 min. ago Related News

Lufthansa pegs dividend payout ratio to net profit

German carrier Lufthansa on Monday said it would start pegging its dividend payout ratio to net profit in the future, adding this would give the group, which issued a profit warning a week ago, more flexibility......»»

Category: topSource: REUTERS2 hr. 48 min. ago Related News

Santander to pay 1 billion euros to end insurance accord with Allianz Group

Spain's largest lender Banco Santander said on Monday it will pay almost 1 billion euros ($1.1 billion) to end an agreement between Allianz and Banco Popular over the distribution of insurance products......»»

Category: topSource: REUTERS2 hr. 48 min. ago Related News

Asia stocks climb pre-G20, oil up on U.S.-Iran feud

Stock markets in Asia inched higher on Monday on hopes that U.S. and Chinese leaders will be able to get trade talks back on track this week, while oil prices bounced on political tensions between Tehran and Washington......»»

Category: topSource: REUTERS2 hr. 48 min. ago Related News

Nomura shareholders vote to keep embattled CEO

Japan's Nomura Holdings Inc won shareholder approval on Monday for the re-appointment of its chief executive officer, overcoming concerns about the leaking of market information and its first annual loss in a decade......»»

Category: topSource: REUTERS2 hr. 48 min. ago Related News

Oil prices climb as U.S.-Iran tensions mount

Oil prices rose on Monday to extend gains from last week, bolstered as tensions remain high between Iran and the United States after U.S. Secretary of State Mike Pompeo said "significant" sanctions would be announced on Tehran......»»

Category: topSource: REUTERS2 hr. 48 min. ago Related News

Malaysia"s 1MDB criminal case against Goldman Sachs delayed to September

Malaysia's criminal case against U.S. investment bank Goldman Sachs involving $6.5 billion 1MDB bonds will be postponed to September, a court ruled on Monday, after defense lawyers asked for more time to receive instructions from their clients abroad......»»

Category: topSource: REUTERS4 hr. 3 min. ago Related News

Asian stocks tick up, oil rises amid U.S.-Iran tensions

Asian shares edged up on Monday as investors pinned their hopes on any signs of a thaw in Sino-U.S. trade negotiations, while oil prices firmed on heightened tensions between the United States and Iran......»»

Category: topSource: REUTERS4 hr. 3 min. ago Related News

U.S. regulators ask Deutsche Bank to explain "bad bank" proposal: FT

U.S. regulators have sought explanation from Deutsche Bank AG about its "bad bank" proposal and its impact on U.S. operations at the loss-making German lender, the Financial Times reported on Monday......»»

Category: topSource: REUTERS4 hr. 3 min. ago Related News

Scandal-hit Nomura wins shareholder approval for re-appointment of CEO

Japan's Nomura Holdings Inc won shareholder approval on Monday for the re-appointment of its chief executive officer, overcoming concerns about the leaking of market information and its first annual loss in a decade......»»

Category: topSource: REUTERS4 hr. 3 min. ago Related News

China says both U.S., China should make compromises in trade talks

Both China and the United States should make compromises in trade talks, Chinese Vice Commerce Minister Wang Shouwen said on Monday, ahead of a much anticipated meeting between the Chinese and U.S. presidents at this week's G20 summit in Japan......»»

Category: topSource: REUTERS5 hr. 48 min. ago Related News

Oil prices climb as Middle East tensions simmer

Oil prices climbed on Monday as tensions remain high between Iran and the United States, with U.S. Secretary of State Mike Pompeo saying "significant" sanctions on Tehran would be announced......»»

Category: topSource: REUTERS5 hr. 48 min. ago Related News

China says U.S., China should make compromises in trade talks

China and the United States should be willing to make compromises in trade talks and not insist only on what each side wants, Chinese Vice Commerce Minister Wang Shouwen said on Monday......»»

Category: topSource: REUTERS6 hr. 48 min. ago Related News