Deutsche Bank swooped on rival Deutsche Postbank with a deal worth up to $13 bln that could give it control of Germany's biggest retail lender within three years. It is the second
Expectations that a deal will emerge to save Lehman Brothers mounted on Friday after its plunging share price prompted intensive talks with U.S. officials about rescue options. Lehman's shares added 4% to
European shares advanced on Friday as commodities stocks tracked a rise in crude and metals prices, while banks gathered strength on talks about a possible sale of U.S. investment bank Lehman Brothers.
Japan's Matsushita said it would launch the world's smallest digital single-lens reflex (SLR) camera, targeting female users who want a high-performance machine that does not weigh too much. SLR cameras, high-end models
Amazon.com Inc has appointed a senior Microsoft Corp executive to head its U.S. advertising sales as the global Internet retailer ramps up its online ad business, The New York Post reported. Lisa
LONDON, Sept 12 (Reuters) – Britain's third largest package holiday operator, XL Leisure Group, said on Friday it had gone into administration and grounded all flights, leaving thousands of holidaymakers stranded. In
Britain's leading share index pushed higher early on Friday, lifted by strength in heavyweight oils and miners and with banks up on hopes U.S. investment bank Lehman Brothers could be rescued. By
Deutsche Bank is poised to swoop on rival Postbank in a two-part takeover valuing the retail lender at roughly $13 bln, sources with direct knowledge of the matter said. It is set
Lehman Brothers Holdings Inc was forced into talks about a possible sale after the Wall Street investment bank's shares plunged more than 40% on Thursday, raising questions about its survival. Lehman and
U.S. video games sales rose 9% in August from a year earlier, marking the smallest monthly sales increase in more than two years, according to data from research firm NPD on Thursday.
