Deutsche Bank outshines Wall St rivals with best quarter since 2014

Deutsche Bank outshines Wall St rivals with best quarter since 2014

FRANKFURT (Reuters) – Deutsche Bank posted a better-than-expected net profit for the first quarter, driven by its investment banking activities which outperformed major U.S. rivals. FILE PHOTO: The headquarters of Germany’s Deutsche Bank are pictured in …
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China Boosts Bid to Cut Steel Output With Import Tax Changes

China stepped up its drive to rein in steel production and fight rocketing iron ore prices by canceling import taxes on some steelmaking materials and raising costs for exporters. Import fees on pig iron, semi-finished and scrap steel will be set to zero from May …
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India's Zomato readies $1.1bn IPO amid COVID second wave

MUMBAI — Indian food delivery startup Zomato is offering to sell shares worth 82.5 billion rupees ($1.1 billion) in a long-awaited initial public offering by one of the country’s best-known tech “unicorns.” Zomato’s domestic IPO plan will be closely watched by …
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Sony expects profit to slip after pandemic boom

That demand has helped Sony continue its shift from consumer electronics to entertainment content and digital subscription services and game downloads, but as more people in key markets such as the United States get vaccinated against the coronavirus …
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UK will use Covid passports for international travel, Grant Shapps confirms

Travellers from the UK will use so-called Covid passports to show they have been vaccinated or have tested negative for the virus before travelling abroad, transport secretary Grant Shapps confirmed. Shapps said an NHS app would be used for travellers to …
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