-
Oil Prices Fall as Demand Concerns Continue to Outweigh Other Worries
Oil prices slipped and demand worries continued to be the main driver for the market according to ING said.
-
Sterling’s Gains Against Euro Might Not Last; U.K. PMI Data in Focus
Sterling rose against the euro after French and German purchasing managers’ index surveys showed manufacturing activity remained very weak, but these gains might not last, ING said.
-
Brambles Sees More Opportunities to Monetize Pallet Data
Brambles sees more opportunities to monetize the data that has helped the global pallet giant boost shareholder returns with a $500 million share buyback, its chief executive said.
-
Swiss Re Maintains Target After Profit Beats Expectations
The Zurich-based reinsurer made a net profit of $996 million for the second quarter and said its performance benefited from disciplined underwriting, low natural-catastrophe claims and strong investment income.
-
Political Shift Casts Uncertainty Over Thai Economy
The Thai prime minister’s ouster last week rekindled jitters about the country’s nascent economic recovery. While the new leader’s quick appointment soothed nerves, politics still cloud the economy’s outlook.
-
Deutsche Bank Reaches Deals With Majority of Postbank Plaintiffs
Deutsche Bank said it reached agreements with a large share of plaintiffs to settle a long-running legal case over the price of the acquisition of Postbank, a rival bank it bought more than a decade ago.