Worldwide News
-
German Push to Delay Basel Capital Rules Meets U.S. Opposition
U.S. and German regulators are fighting over how much time to give banks to comply with new capital ratios being pushed to prevent future financial crises.
-
U.S. Stock-Index Futures Climb as Oil Gains Push Up Exxon, ConocoPhillips
U.S. stock futures rose, indicating the Standard & Poor’s 500 Index may turn higher for the week, as an increased growth forecast in Japan and higher imports of oil in China bolstered optimism in the global economy.
-
Nokia Hires Microsoft's Elop as CEO to Reverse Losses to Apple
Nokia Oyj named Stephen Elop , head of Microsoft Corp. ’s business unit, as chief executive officer after the world’s largest mobile-phone maker’s struggles to take on Apple Inc.’s iPhone wiped $61 billion off its market value.
-
Deutsche Bank Said to Weigh Share Sale of Up to $11.4 Billion
Deutsche Bank AG is considering a stock sale of as much as 9 billion euros ($11.4 billion) to boost its stake in Deutsche Postbank AG and meet stricter capital rules, said three people with knowledge of the talks.