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German bank merger hopes crumble as Deutsche Bank and Commerzbank scrap talks

2 hours ago DieselGasoil Comments Off on German bank merger hopes crumble as Deutsche Bank and Commerzbank scrap talks
FRANKFURT (Reuters) – Deutsche Bank and Commerzbank said their merger talks had ended, with execution risks, restructuring costs and capital requirements dashing German attempts to create a mega-bank. FILE PHOTO: Outside view of Deutsche Bank and Commerzbank headquarters in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Orlowski/File Photo After nearly six weeks of talks, Germany’s two Read More

Exclusive: Behind Airbnb’s bet on show business to hook travelers

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SAN FRANCISCO (Reuters) – Hollywood has a new suitor in Silicon Valley. FILE PHOTO: The logos of Airbnb are displayed at an Airbnb event in Tokyo, Japan, June 14, 2018. REUTERS/Issei Kato Airbnb Inc, the high-flying startup for booking home rentals around the world, has ambitions to develop a slate of original shows to whet Read More

‘Intelligence failure’: Sri Lankan govt too focused on past, not ready for new threats – analysts

4 days ago DieselGasoil Comments Off on ‘Intelligence failure’: Sri Lankan govt too focused on past, not ready for new threats – analysts
A series of devastating terrorist attacks that claimed the lives of more than 200 people are partially a result of the Sri Lankan security services’ inability to adapt to new security challenges, analysts told RT. The island nation that once survived a bloody, decades-long civil war against a secessionist ethnic militant group known as the Read More

Ukraine election: TV star could uproot corrupt elites

4 days ago DieselGasoil Comments Off on Ukraine election: TV star could uproot corrupt elites
By Diana Magnay, Moscow correspondent, in Kiev Polls have opened in Ukraine as people there choose their next president in a run-off vote. Petro Poroshenko will have managed to pull off something pretty close to a miracle if he manages to beat his rival Volodymyr Zelenskiy. The latest opinion polls show Zelenskiy streaks ahead – Read More

Ukraine’s TV star turned politician could uproot corrupt elites

5 days ago DieselGasoil Comments Off on Ukraine’s TV star turned politician could uproot corrupt elites
By Diana Magnay, Moscow correspondent, in Kiev Petro Poroshenko will have managed to pull off something pretty close to a miracle if he manages to beat his rival Volodymyr Zelenskiy in Sunday’s presidential election run-off vote. The latest opinion polls show Zelenskiy streaks ahead – on 72% to Poroshenko’s 25%. At Friday’s election spectacular in Read More

Who will succeed Carney to run Britain’s central bank?

7 days ago DieselGasoil Comments Off on Who will succeed Carney to run Britain’s central bank?
LONDON (Reuters) – Britain is starting its search for a new governor of the Bank of England to succeed Mark Carney who is due to step down in January 2020. FILE PHOTO: Governor of the Bank of England Mark Carney arrives for a G-20 Finance Ministers and Central Bank Governors’ meeting at the IMF and Read More

Pinterest valued at $12.7 billion in IPO, sign of tech demand after Lyft struggles

1 week ago DieselGasoil Comments Off on Pinterest valued at $12.7 billion in IPO, sign of tech demand after Lyft struggles
NEW YORK (Reuters) – Pinterest Inc’s initial public offering set the online scrapbook company’s valuation at $12.7 billion on Wednesday, above its expectations and a sign of strength for the tech IPO market after Lyft Inc’s struggles. A Pinterest Pin made of a LEGO installation is seen in this undated photo taken at Pinterest headquarters Read More

Corvex’s Meister likes Diamondback Energy after it bought Energen

1 week ago DieselGasoil Comments Off on Corvex’s Meister likes Diamondback Energy after it bought Energen
FILE PHOTO: Keith Meister, Managing Partner and Chief Investment Officer of Corvex Management, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid/File Photo BOSTON (Reuters) – Hedge fund manager Keith Meister on Tuesday named energy company Diamondback Energy Inc. as one of Corvex Management’s top investment ideas after Read More

Trump urges ‘rebrand’ of 737 MAX, Boeing has other ideas

1 week ago DieselGasoil Comments Off on Trump urges ‘rebrand’ of 737 MAX, Boeing has other ideas
WASHINGTON/CHICAGO (Reuters) – U.S. President Donald Trump on Monday urged Boeing Co to “rebrand” its 737 MAX jetliner following two fatal crashes, but the planemaker said it was focused on fixing the problem and brainstorming over next steps to win back public trust. FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked on Read More

U.S. Supreme Court rejects Allergan bid to use tribe to shield drug patents

1 week ago DieselGasoil Comments Off on U.S. Supreme Court rejects Allergan bid to use tribe to shield drug patents
The Allergan logo is seen in this photo illustration November 23, 2015. REUTERS/Thomas White/Illustration/File Photo WASHINGTON (Reuters) – The U.S. Supreme Court on Monday cast aside Pharmaceutical company Allergan Plc’s unorthodox bid to shield patents from a federal administrative court’s review by transferring them to a Native American tribe. The justices left in place a Read More