Deutsche Bank extended CEO Christian Sewing's contract while two top executives will depart as part of a management revamp, aiming to meet key targets this year.
Economist Arthur Laffer warns Trump's 25% auto tariff could raise vehicle costs by $4,711 and hurt U.S. automakers' competitiveness, urging a return to 2019 trade rules.
Rachel Reeves may raise taxes on pensioners and the wealthy in the autumn budget due to worsening economic conditions and fiscal challenges.
Brazil's trade secretary, Tatiana Prazeres, warned that Trump's 25% auto tariff could "weaponize" global trade, worsening tensions in the World Trade Organization.
A survey by Bitpanda shows over 40% of European business investors hold crypto, but only 19% of banks see strong demand, highlighting a 30% gap in interest.
South Korea's Ethics Commission revealed 411 public officials hold crypto assets worth $9.8M, averaging $24,000 each, with over 20% of officials involved.
Saudi Aramco is in talks to invest in two refineries in India, aiming to secure a stable crude outlet as India plans to become a global refining hub.
Trump announced a 25% tariff on cars from overseas, sparking backlash from the EU and Canadian leaders, with PM Carney calling it a "direct attack" on workers.
Gold prices rose 0.6% to $3,036.11 on Thursday amid rising U.S. auto tariffs and global trade tensions, nearing a record high of $3,057.21 reached on March 20.
France's 2024 budget deficit widened to 5.8% of GDP, less than the expected 6%, giving the government some room in its efforts to reduce debt.
Turkey's Competition Board launched an investigation into Apple and several firms over potential price interference with resellers' sales prices.
Germany's economy minister and auto association criticized Trump's 25% vehicle tariff, calling it harmful to both U.S. and European economies and urging urgent talks.
U.S. investment banks may cut more jobs if economic uncertainty persists, with Trump's tariff threats slowing dealmaking and raising the risk of an economic downturn.
Hundreds of Canadian workers, mostly in steel and aluminum, have been laid off due to U.S. tariffs. Economists warn the impact could grow with time.
Morgan Stanley raised its year-end targets for key Chinese indices, including Hang Seng and CSI300, citing improved earnings growth and a positive economic outlook.
Banco Santander is selling a €462M portfolio of Spanish mortgages, including performing and re-performing loans, with Alantra advising on the deal.
US copper tariffs could be imposed soon, months ahead of the deadline. Trump directed a fast investigation, with tariffs likely as he's repeatedly supported them.
A US judge set a June 23 trial date for Boeing's fraud case over 737 Max crashes. Families of victims called it a chance for justice as Boeing seeks to withdraw its plea deal.
UK retail sales dropped in March due to weak consumer confidence, marking the sharpest decline in eight months, according to the CBI's latest survey.
Indonesia will join the New Development Bank (NDB), a BRICS-led multilateral bank, to boost its economic transformation, said President Prabowo Subianto.
BlackRock has launched its first Bitcoin ETP in Europe to meet growing crypto demand, after attracting over $50B in similar U.S. products. It's listed in Paris, Amsterdam, and Frankfurt.
Ryanair is launching a €79/year subscription offering reserved seats, insurance, and monthly seat sales, limited to 250,000 members, earning €19.75M/year.
Trump issued an executive order imposing a 25% tariff on countries buying oil from Venezuela and extended Chevron's deadline to exit the country.
The Bank of Japan discussed future rate hikes after raising short-term rates to a 17-year high, noting real interest rates would remain negative even with further hikes.