News

Tory leadership favourite has created a void of ambiguity that MPs will fill with wishful thinking

Joanna Kao’s top reads this week: Ive leaves Apple; Putin on populism; what we wear to work

The inflation rate in the euro zone remains too low, and that justifies maintaining an active monetary policy, European Central Bank policymaker Francois Villeroy de Galhau told a business conference in Germany on Friday.

Britain's top listed companies should be required to hire internal auditors to ensure good governance in the wake of the collapse of builder Carillion and other firms, an industry body says.

* Singapore to initially offer two digital full bank licences

An $8 billion syndicated loan to Mexico's national oil company Pemex is a sign of confidence by more than 20 banks involved in the operation, Mexican President Andres Manuel Lopez Obrador said on Friday, after a recent credit downgrade for the firm.

Deutsche Bank AG is considering cutting 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the Wall Street Journal reported on Friday, citing people familiar with the discussions.

At Erin Pub, a classic Irish neighborhood bar in Norwood, Pennsylvania, dozens of Philadelphia Energy Solutions Inc's unionized employees crammed around the bar on Wednesday night, toasting to their friendships after learning that day of plans to close the refinery permanently after a devastating fire less than a week earlier.

Read More

Tory leadership front-runner on the stump to lure voters