Business

Photo

World shares hit new high but Europe rally fades on Greece

LONDON - World shares hit a new high on Monday, led by China, though the global rally faded in Europe as investors looked ahead to central bank meetings in the United States and worried over Greece.

Recent Business News

SEC's stock market reform club locks out retail brokers

NEW YORK - The U.S. Securities and Exchange Commission is convening a group of financial industry veterans for the first time next month to consider stock market reforms, but one group will be conspicuously absent: retail brokerages.

"Smaller and simpler" mantra rings through banking boardrooms

LONDON - Deutsche Bank's plan to jettison much of its German retail bank and withdraw from one in ten countries sees it join a growing list of banks choosing to shrink and simplify to survive.

5:08am EDT

Cap Gemini to buy U.S.-based IGATE for $4 billion, raises 2015 outlook

PARIS - Cap Gemini plans to buy United States-based IGATE Corp for $4 billion cash to make North America its biggest market and is raising its sales outlook for 2015 after a solid first-quarter, the French IT services company said on Monday.

3:02am EDT

German Chancellor, Greek PM agree to stay in touch to reach debt deal

ATHENS - Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel agreed in a phone conversation on Sunday to maintain contact during talks between Athens and its lenders to reach a debt deal, a Greek government official said.

Greece, World 26 Apr 2015

Deutsche Bank first-quarter profit falls by half as legal charges bite

FRANKFURT - Deutsche Bank's earnings fell by half in the first quarter, a greater-than-expected drop as hefty legal charges eroded gains in investment banking revenue, while it prepares to unveil details of a strategic overhaul.

26 Apr 2015

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary