Deutsche Bank Chief Executive Officer John Cryan is confident that Frankfurt has an ideal geographical location in Europe to become the financial center of the EU after Britain leaves the European Union. "Of course, a lot of jobs will be created in cities like Dublin, Amsterdam and Paris, but none...

Best Inc. lays out its plans of using IPO for strengthening itself in the U.S. market. Best Inc. is a “Chinese logistics company” which has Alibaba Group’s backing, whereby the former has come out with its new launch of “up to $932 million”, initially starting with “public offering”. The company...

The US is preparing for a new natural cataclysm. The country has not yet coped with consequences of Hurricane Harvey, but yet another catastrophe, Hurricane Irma is moving to Florida. Its consequences may be even more disastrous than from Harvey. Meteorologists report that at the moment Irma is the...

The company aims to sell as many as more than ninety thousand vehicles yearly from its newly released range of EV. The Company of Nissan Motor Co. Ltd has put forth a target of selling over “90,000 units” of its “new Leaf electric vehicle” annually on a global scale.   The “revamped” Leaf’s...

As they grapple with cut-throat competition and the impact of a stand-off between Beijing and Seoul, Hyundai Motor Co is at loggerheads with its Chinese partner over efforts to cut supplier costs, reported Reuters.   row over a missile defense system deployed in South Korea, but opposed by...

German steel makers are suspected of cartel collusion. In particular, the Federal Office for Antimonopoly Policy of Germany is conducting inspections at the offices of the second largest metallurgical company of Germany, Salzgitter. In addition, the authorities launched an investigation in relation...

Victoria's Secret brand is no longer the same as it was before, and burnout was noticeable even before customers began to visit its stores less often. Now, when the problems are obvious, it is difficult to imagine how the retailer and its parent company will solve them. Not so long ago, Victoria's...

Doubts about whether it Toshiba can plug a balance sheet hole in time to avoid a delisting and keep the unit competitive were raised after the Japanese conglomerate failed to seal a deal to sell its prized chip business by an internal deadline of Thursday.   It was continuing to talk with...

Some of the world's largest banks - Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, MUFG and State Street - have stepped up efforts to launch a new crypto currency. The technology of the distributed registry will be used to conduct instant settlements and clearing of transactions...