Asia stocks supported by Wall St., but China dragsTOKYO (Reuters) - Asian stocks were supported on Thursday by robust corporate earnings that helped Wall Street quell concerns about the surge in U.S. bond yields. However, sagging Chinese shares limited the upside potential o…Read More
Chevron evacuates Venezuela executives following staff arrests(Reuters) - U.S. oil major Chevron Corp has evacuated executives from Venezuela after two of its workers were imprisoned over a contract dispute with state-owned oil company PDVSA, according to four sources familiar with the …Read More
Deutsche Bank to scale back investment bank as profits dropFRANKFURT (Reuters) - Deutsche Bank announced cutbacks to its bond and equities trading on Thursday in a major overhaul of its troubled investment bank, after posting a 79 percent drop in net profit in the first quarter.
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