No deal for Deutsche Bank and Commerzbank

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Source: Dukascopy Bank SA
Commerzbank and Deutsche Bank have terminated their merger talks with no deal, both banks announced on Thursday, citing restructuring costs, capital recruitments and execution risks.
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Thu, 25 Apr 2019 09:33:20 GMT

Kering nears settlement of Italian tax case

The French luxury group and Gucci brand owner Kering is nearing an agreement to pay up to $1.6B to settle the lawsuit with Italy's authorities regarding unpaid taxes by Gucci, which is set to be signed during the first days of May.

Thu, 25 Apr 2019 08:33:41 GMT

SoftBank invests in Alphabet's antennas business

On Wednesday, SoftBank announced it had made an investment worth $125M in Alphabet's business for the cellphone antennas in the atmosphere, set to provide the Internet in the areas, which were difficult to reach.

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