LONDON/FRANKFURT (Reuters) – Deutsche Bank is among more than 20 bidders in talks to potentially buy a 3.2 billion euro ($3.5 billion) loan portfolio from state-owned rival HSH Nordbank [HSH.UL] as Germany’s biggest lender tries to do deals despite it…
Because they can’t assign shifts to workers, ride-hailing companies use a variety of incentives to lure out their contract workers.
WASHINGTON (Reuters) – Fayez Sarofim, who is on the Kinder Morgan board of directors, has agreed to pay a $720,000 civil penalty for failing to report the purchase of voting securities of Kinder Morgan and Kemper Corporation to antitrust enforcers, t…
The company’s reticence to explain censorship decisions has drawn criticism in many countries around the globe.
BERLIN (Reuters) – Volkswagen said it has refitted 1.23 million diesel cars with a software update on pollution control systems as it pushes steps to overcome its emissions scandal.
You must embrace a purpose-driven life and serve mankind in some way.
TV series are making unlikely presidential candidates electable, one analyst told CNBC.
Max Fishko runs a small business that produces contemporary art fairs all around the country. He constantly has his finger on the pulse of what kinds of art people are buying.
The Note 7 dented Samsung’s brand image and left a large product gap in its premium smartphone lineup.
A noted political scientist predicting Trump will win talks about how that contrarianism comes with the perks of publicity.
(Reuters) – Wall Street broker-dealer profits for the full year are on track to surpass that of 2015 and could end three years of consecutive declines in the industry, according to a report on Friday by New York state Comptroller Thomas DiNapoli.
BRUSSELS (Reuters) – Canada and the European Union will sign a landmark free trade deal on Sunday after a series of key votes in Belgian regional assemblies on Friday ended opposition that had threatened to destroy the entire agreement.
(Reuters) – Amazon Inc may be a “buy” for the vast majority of analysts, but it was a “sell” for a lot of investors on Friday.
BERLIN/FRANKFURT (Reuters) – Volkswagen expects the shift to electric cars to cost a five-digit number of jobs in coming years, the Frankfurter Allgemeine Zeitung newspaper reported, citing the carmaker’s human resources chief.
If you’re not satisfied with the attention you’re getting on social media, then it’s time to do something about it.
CHINESE tourists are an increasingly common sight in America’s cities, from New York to Honolulu. About 2m Chinese visit the country each year; that figure is expected to rise to over 3m by the end of the decade. But it is not just Chinese tourists who have been enjoying American hospitality; it’s Chinese investors, too.
This week HNA Group, a Chinese firm that began life as an aviation company, announced that it is to buy a 25% stake in Hilton Worldwide Holdings. It will be the largest shareholder in the hotelier whose brands also include Embassy Suites, Hampton Inn and Conrad.
The deal is the latest in a year that has already seen substantial Chinese investment in American hotels. In April, an HNA division announced it was buying Carlson Hotels, which owns Radisson and several other brands. Last month, Anbang Insurance Group completed the purchase of 15 American hotels in a deal worth more than $5bn, including the JW Marriott Essex House in New York, the Westin St. Francis in San Francisco, the InterContinental in Chicago, a Four Seasons in Washington, DC, and two Ritz-Carlton resorts. And just last week came the news that China…Continue reading
With the help of Hollywood, collectors have been buying up back issue comics and driving up prices. CNBC’s Phil Han reports from London’s Comic Con.
“We think even without an OPEC deal, prices are headed higher and that’s purely because of fundamentals,” Miswin Mahesh told CNBC.
All it takes is getting some rest and doing the right thing.
Uber should no longer treat its drivers as self-employed, a British tribunal ruled, in a decision which threatens the taxi app’s business model.
Greater change is coming and new emerging platforms are changing markets in multiple industries.
DETROIT (Reuters) – BMW is recalling 154,472 vehicles registered in the United States and Canada for a fuel pump problem that could cause stalling, according to a filing with U.S. safety regulators and BMW.
HOUSTON (Reuters) – Exxon Mobil Corp , the world’s largest publicly traded oil company, on Friday reported a 38 percent drop in quarterly profit that still beat Wall Street’s expectations as cost cuts partly offset declining crude prices .