Deutsche Bank AG's Asset & Wealth Management division said on Tuesday it has opened a private bank in Dallas with two former JP Morgan Private Bank executives at the helm. The move is part of a global push to increase the German bank's financial adviser base by 15 percent in the next three years.
North America
U.S. mortgage applications rise in latest week: MBA
Applications for U.S. home mortgages rose last week as interest rates declined, an industry group said on Wednesday.
Ukraine ceasefire hopes push stocks, rouble higher
World markets jumped on Wednesday as Ukraine's President Petro Poroshenko said a ceasefire had been reached with Russia, raising hopes that a recent escalation in the conflict could be reversed.
Home Depot says probing 'unusual activity' after data breach report
Home Depot Inc said on Tuesday it was working with law enforcement to investigate "some unusual activity" related to customer data but that it could not confirm if it had become the latest retailer to be hit by a large-scale security breach.
Google starts quantum computing research project
Google Inc said a research team led by physicist John Martinis from the University of California Santa Barbara will join the company to start a project to build new quantum information processors based on superconducting electronics.
Latest News
U.S. construction spending rebounded strongly to hit its highest level in more than 5-1/2 years in July as private construction increased and state and local government outlays surged, in a further sign of vigor in the economy.
U.S. stocks ended mostly lower on Tuesday, retreating from records set the previous month, as falling crude oil prices dragged energy shares down and offset strong manufacturing data.
Dollar General Corp (DG.N) raised its bid for Family Dollar Stores Inc (FDO.N) to $9.1 billion, and warned it may turn hostile and appeal directly to shareholders if the new offer was rejected.
The U.S. manufacturing industry expanded in August while employment in the sector grew at its fastest pace since March of last year, an industry report showed on Tuesday.
Washington is facing growing international pressure to ease its long standing ban on crude oil exports, with South Korea and Mexico joining the European Union in pressing the case for U.S. oil shipments overseas.
Apple Inc plans to enable its next iPhone to become a mobile wallet by allowing owners to securely make mobile payments in a store with the touch of a finger, Bloomberg said on Sunday, citing a person familiar with the situation.
Dutch brewer Heineken (HEIN.AS) has agreed to sell its Mexican packaging business Empaque to Crown (CCK.N) for $1.23 billion including debt, shedding a non-core business it acquired when entering the Mexican market in 2010.
Real estate owner Store Capital Corp, backed by private equity firm Oaktree Capital Management LLC, filed with U.S. regulators on Friday for an initial public offering of common stock.
A judge on Friday lifted a suspension on her order directing Microsoft Corp (MSFT.O) to turn over a customer's emails stored overseas to U.S. prosecutors, but the software company said it would not release any emails while it appeals the ruling.
