LONDON Chinese shares slumped 5 percent on Friday, hit by regulatory and industrial sector worries, though it wasn't enough to derail the first weekly rise for metals like copper and zinc since early October.
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FRANKFURT German pilots union Vereinigung Cockpit is confident it can come to a deal that will allow it to take part in a round table organized by Lufthansa management in a bid to defuse tensions with unions over job and growth prospects.
GENEVA World trade talks are deadlocked and ministers are unlikely to find a way out of the impasse when they meet in Nairobi next month, World Trade Organization Director-General Roberto Azevedo said on Thursday.
MUMBAI HSBC Holdings Plc is shutting its private banking unit in India, marking the exit of another foreign bank from the cut-throat wealth management business in Asia's third-largest economy.
LUANDA Bank of America will stop supplying U.S. dollars to Angola at the end of this month, two foreign exchange sources said on Thursday, a move that could pile pressure on the oil exporter's ailing kwanza <AOA=> currency.
German drugs and chemicals maker Merck KGaA is planning to sell its allergy business, Allergopharma, Bloomberg reported, citing sources.