Deutsche Bank DBKGn.DE has withdrawn from the bidding process for Wirecard Bank WDIG.DE amid concerns over valuaton, a source familiar with the matter said on Friday. Deutsche Bank and a…
Category: Business
Tesla CEO met VW CEO during Germany visit
Tesla Chief Executive Elon Musk met Volkswagen’s Chief Executive Herbert Diess for a courtesy visit during which Musk took a test drive in Volkswagen’s new electric car, a source familiar…
Amazon plans to add 10,000 jobs in Bellevue, Washington
Amazon.com Inc is planning to create 10,000 more jobs in the next few years in Bellevue, Washington, the e-commerce giant said on Friday. The company has been setting up new…
Virgin Atlantic plans 1,150 more job cuts
Virgin Atlantic announced 1,150 more job cuts on Friday due to the coronavirus crisis, saying its 1.2 billion pound ($1.6 billion) rescue deal alone was not enough to secure its…
Debt-laden Vodafone Idea to raise up to $3.4 billion in fresh funds
Vodafone Idea Ltd VODA.NS said on Friday it would raise up to 250 billion Indian rupees ($3.41 billion) in fresh capital as the Indian telecom operator tries to pay off…
Britain’s Co-op to create 1,000 jobs in stores expansion
Britain’s Co-operative Group 42TE.L said on Friday it would open over 65 new and extended stores this year, creating up to 1,000 jobs, as it seeks to capitalise on the…
Racial gap in U.S. jobless rate widens again in August
The gap in unemployment rates between Blacks and whites in the United States widened for a fourth straight month in August, and the spread between the races is now the…