Business

Deutsche Bank (DB.N) shares resumed falling on Monday after recovering from a record low at the end of last week, as hopes faded of a swift deal with U.S. authorities over a multi-billion dollar penalty. The German lender is throwing...

Massachusetts' top securities regular on Monday charged Morgan Stanley (MS.N) with "dishonest and unethical conduct" for having run high-pressured sales contests in Massachusetts and Rhode Island. Secretary of the Commonwealth William Galvin charged that Morgan Stanley brokers pushed so-called "securities...

Oil prices drifted on Monday after Brent crude hit $50 a barrel and U.S. crude reached three-month highs as traders weighed weaker stock markets and a strong dollar against OPEC's first planned output cut in eight years. Brent rose 9...

U.S. stocks started the fourth quarter on a subdued note, weighed down by healthcare and consumer stocks. The S&P 500 healthcare index .SPXHC fell 0.7 percent, the most among the 10 major S&P indexes that were lower, due to declines...

Facebook has announced a "slimmed down" version of its Messenger app for countries where older smartphones and slower net speeds are more common. The company said Messenger Lite had the "core features" of the full app such as the ability...

EU antitrust regulators plan to order Alphabet's (GOOGL.O) Google to stop paying financial incentives to smartphone makers to pre-install Google Search exclusively on their devices and warned the company of a large fine, an EU document showed. The document, running...

Deutsche Bank will likely cast a pall over equity markets next week as the largest German lender navigates a possible multi-billion dollar settlement with the U.S. Department of Justice over the sale of mortgage-backed bonds. Deutsche shares traded in the...

Yahoo's disclosure that hackers stole user data from at least 500 million accounts in 2014 has highlighted shortcomings in U.S. rules on when cyber attacks must be revealed and their enforcement. Democratic Senator Mark Warner this week asked the U.S....

Deutsche Bank's (DBKGn.DE) chief executive sought to reassure his staff on Friday that Germany's largest lender remained robust after fears over its stability sent tremors through global financial markets. Deutsche, which employs around 100,000 people, has been engulfed by crisis...

Japanese automaker Mitsubishi Motors Corp (7211.T) will resume domestic sales of eight vehicle models on Oct. 1, the company said on Friday, after correcting overstated mileage readings in its second cheating scandal this year. Japan's sixth largest automaker has admitted...