Friday, June 8, 2018

Why European banks are flirting with each other again

There have long been rumblings that weak profits and rising costs would spark a wave of bank mergers in Europe. But deals remain elusive.
CNNMoney Markets Now
 
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News: What you need to know about the markets
 
 
Why European banks are flirting with each other again
There have long been rumblings that weak profits and rising costs would spark a wave of bank mergers in Europe. But deals remain elusive. Read more »
 
ZTE gets a lifeline in US deal. What happens now?
ZTE's deal with the US government has given it a reprieve -- but the company faces a long road to recovery. Read more »
 
Verizon names new CEO to lead 5G push
Hans Vestberg, currently Verizon's chief technology officer, will replace long-time CEO Lowell McAdam in August. Vestberg, a former Ericsson CEO, has been in charge of building out Verizon's 4G network and developing 5G as well. Read more »
 
Apple warns suppliers that iPhone demand is falling - report
Apple may be worried that its next iPhones won't be as popular as its last. Read more »
 
Jack Ma's online payments giant just raised $14 billion
Ant Financial said it plans to use the money to step up the development of new technologies and its global expansion. It's reported to be preparing for an IPO. Read more »
 
Ahead of the World Cup, FIFA goes after the ticket resale industry
The World Cup kicks off in Russia in just over a week. But FIFA says fans of the beautiful game are being duped by not-so-beautiful ticket resale scams. Read more »
 
 
 
 
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