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Deutsche Bank boosts bonuses to 2.3 billion euros despite bigger 2017 loss


FRANKFURT Deutsche Bank paid bonuses worth 2.3 billion euros ($2.83 billion) for 2017, four times higher than the previous year even as the German lender warned on costs for 2018 and reported a bigger 2017 loss than previously disclosed. | Video

Tiffany's misses on same-store sales, forecast disappoints

Jeweler Tiffany & Co missed analysts' estimates for same-store sales in the fourth quarter and forecast a tepid full-year profit, indicating that its efforts to turn its business around are still gaining traction. | Video

Mar 16 2018

Ex-race ace Lauda's reclaimed, rebranded airline targets 2019 profit

VIENNA Niki Lauda aims to turn a profit from next year with Laudamotion, the airline he has rebranded after buying it back from insolvent Air Berlin, the ex-motor racing champion said on Friday.

Mar 16 2018

China Unicom aims to reap rewards from ties to new shareholders

HONG KONG Telecoms group China Unicom plans to lean on some of China's biggest technology and financial firms who have recently become its shareholders to drive compounded annual pre-tax profit growth of 68.7 percent through 2020 at its Shanghai-listed unit.

Mar 16 2018

Lufthansa, Ryanair to drive Frankfurt airport passenger growth this year

FRANKFURT German airport operator Fraport said it expected passengers numbers at Frankfurt airport to rise by between around 4 to 6 percent this year, driven by main customer Lufthansa and Ryanair .

Mar 16 2018

With Qualcomm behind it, Broadcom looks to smaller deals

Broadcom Ltd on Thursday said it was likely to pursue smaller acquisitions of chipmakers after its failed hostile takeover bid to acquire rival Qualcomm Inc and said that its smart phone chip business would see a drop in demand this quarter from a North American customer and an increase from South Korea.

Mar 15 2018

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