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Last updated: 26 May, 2018  
 Global Business
Deutsche Bank to cut over 7,000 jobs
IANS | 25 May, 2018
Germany's Deutsche Bank (DB) on Thursday announced plans to reduce its number of full-time staff members from over 97,000 to "well below 90,000" to overhaul parts of its investment banking business and bring down costs.
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» US auto tariffs would breach WTO rules: EU
» Trump to consider possible import duties on automobiles
» Fake news: FB unveils three-pronged strategy
» Saudi Arabia to introduce Riyal coins from Thursday
» China to develop 200km/h maglev train by 2021
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Trump.9.Thmb.jpg Trump signs law easing post-crisis regulation of banks
IANS | 25 May, 2018
US President Donald Trump signed into law on Thursday a bill that partially repeals the 2010 Dodd-Frank act, which imposed tighter financial regulations in response to the global financial meltdown of 2008. 
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Amazon.Com.9.Thmb.jpg Amazon's Alexa 'heard and sent private chat'
IANS | 25 May, 2018
A private conversation between a couple in the US was recorded by Alexa and then sent to a random person in their contact list. Tech giant Amazon has offered "a rather convoluted explanation", said the media. 
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FB.9.Thmb.jpg Facebook to now label political ads
IANS | 25 May, 2018
In a fresh bid to prevent foreign interference into elections, Facebook has begun labelling all political and issue ads in the US -- including a "Paid for by" disclosure from the advertiser at the top of the advertisement 
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Samsung.9.Thmb.jpg Samsung must pay Apple $539mn in patent lawsuit: US court
IANS | 25 May, 2018
A US court has finally asked Samsung to pay $539 million to Apple for copying patented iPhone designs, after the two giants got entangled in a legal battle in 2011. 
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» Oil, Rupee concerns(6)
» Year End Review 2016: Report card of MSME Ministry(2)
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» Kalam releases handbook for small entrepreneurs(1)
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