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China’s Market Marred by Glitches, Delays as Frenzy Grips Stocks

(Bloomberg) -- China’s long-awaited stimulus measures may have been too much for the markets to handle.Most Read from BloombergWith shares soaring and turnover reaching...

China gives markets another reason to cheer

A look at the day ahead in European and global markets from Rae WeeAsian markets rallied on Thursday, defying weakness overnight on Wall Street...

Commerzbank Names Orlopp as CEO as Possible UniCredit Bid Looms

(Bloomberg) -- Commerzbank AG appointed Bettina Orlopp to replace departing Chief Executive Officer Manfred Knof as it contends with a possible takeover approach from...

Citigroup’s China expansion plan put on hold by US regulators, Bloomberg News reports

(Reuters) - Citigroup’s expansion plan in China has hit a roadblock with U.S. regulators after the Federal Reserve imposed a penalty on the bank...

Citigroup’s China expansion held up by US regulators, Bloomberg News reports

(Reuters) -Citigroup's expansion plan in China has hit a roadblock with U.S. regulators after the Federal Reserve imposed a penalty on the bank for...

Apollo to offer multibillion-dollar investment in Intel, Bloomberg News reports

(Reuters) - U.S.-based asset management company Apollo Global Management has offered to make an investment of as much as $5 billion in Intel, Bloomberg...

Apollo eyes $5 billion investment in Intel, Bloomberg News reports

(Reuters) -U.S.-based asset management company Apollo Global Management has offered to make an investment of as much as $5 billion in Intel, Bloomberg News...

Southwest Airlines warns staff of ‘tough decisions’ ahead, Bloomberg reports

(Reuters) - Southwest Airlines has warned employees that it will soon make tough decisions as part of a strategy to restore profits and counter...

Southwest Airlines warns staff of ‘tough decisions’ ahead, Bloomberg reports

(Reuters) - Southwest Airlines has warned employees that it will soon make tough decisions as part of a strategy to restore profits and counter...

Sumitomo Hires Toro as CEO of Its Mexico Non-Bank Lender

(Bloomberg) -- Sumitomo Mitsui Banking Corp. hired Juan Toro as managing director and chief executive officer for its Mexican non-bank financial company.Most Read from...

Fed’s relaxed bank-capital plan faces FDIC pushback, Bloomberg News reports

(Reuters) - The U.S. Federal Reserve's watered-down version of a landmark bank capital proposal is facing resistance from the Federal Deposit Insurance Corporation, a...

Volkswagen and JV partner SAIC plan to close China plant, Bloomberg reports

(Reuters) - Volkswagen and its Chinese joint venture partner SAIC plan to close at least one plant in China due to slow demand for...

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