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home : ny times rss feeds : global business September 30, 2016

Salesforce Is Said to Question Microsoft-LinkedIn Deal in Europe
Salesforce, a San Francisco tech company, is said to have questioned whether Microsoft’s takeover of LinkedIn might hinder consumer choice and access to data.... More >>

Former BlackRock Fund Manager Charged With Insider Trading
Mark Lyttleton oversaw the BlackRock UK Dynamic and BlackRock UK Absolute Alpha funds before he left the firm in March 2013.... More >>

Sinosphere: U.S. Lawmakers Urge Greater Scrutiny of Chinese Corporate Purchases
Sixteen members of Congress are raising questions over the foreign acquisition of American movie theaters and studios.... More >>

R.B.S. to Rename Investment Bank as It Walls Off Retail Units
The lender plans to group the majority of its British and Western European retail banking operations in a separate entity by the end of 2018.... More >>

Deutsche Bank C.E.O. Seeks to Reassure Staff Amid Stock Sell-Off
John Cryan said that the company had “strong fundamentals” and was subject to “speculation” in the market.... More >>

Concern Over Deutsche Bank’s Health Shakes Markets
The German bank’s shares in the United States tumbled 6.7 percent for the day, after falling as much as 9 percent, in unusually heavy trading.... More >>

In Venice, Duty-Free Shopping Takes on a Whole New Look
The historic Fondaco dei Tedeschi along the Grand Canal has been remodeled as a lifestyle department store, operated by the duty-free retailer DFS.... More >>

Antigraft Law Stirs Up Wariness Over South Koreans Bearing Gifts
The measure, which affects public servants, journalists and teachers, will alter a country where meals, cash and other gifts have long been central to doing business.... More >>

More Wealth, More Jobs, but Not for Everyone: What Fuels the Backlash on Trade
Trade is under attack in much of the world, because economists failed to anticipate the accompanying joblessness, and governments failed to help.... More >>

Defending Against Hackers Took a Back Seat at Yahoo, Insiders Say
Clashes over costs and fears that security measures would chase away customers hobbled Yahoo’s efforts, leading to the 2014 breach of 500 million users.... More >>

Deutsche Bank, Facing Challenges, Says It Will Sell Abbey Life
The sale of the insurer is the lender’s latest move to simplify its structure in response to poor results and a U.S. inquiry into its mortgage securities.... More >>

Shareholders Approve SABMiller Takeover by Anheuser-Busch InBev
The $100 billion deal would create a brewing giant accounting for 27 percent of beer sales worldwide, with annual revenue of about $55 billion.... More >>

BlackBerry Abandons Its Phone
BlackBerry, the Canadian company whose name was once synonymous with the smartphone, is exiting the hardware business and will license the brand to an Indonesian group.... More >>

Regulators to Review London Stock Exchange-Deutsche Börse Merger
The competition inquiry came after several politicians raised concerns that the deal would stifle competition in European financial markets.... More >>

Protecting Humans and Jobs From Robots Is 5 Tech Giants’ Goal
The Partnership on AI unites Amazon, Facebook, Google, IBM and Microsoft to ease public fears of machines that are learning to think for themselves.... More >>

Deutsche Bank Is the Darling of the Short-Sellers
By the numbers, Deutsche Bank is solid. But its legal battles, its thin cash cushion and its risk appetite have undermined its stock.... More >>

OPEC Agrees to Cut Production, Sending Oil Prices Soaring
Although the deal would lower global output by less than 1 percent, it is the first time in eight years the cartel has said it would reduce production.... More >>

I.M.F. Chief Lagarde Calls Trade Restrictions ‘Economic Malpractice’
The International Monetary Fund leader, Christine Lagarde, said in a speech that an increase in protectionist trade measures would hurt American workers.... More >>

Former A.I.G Chief Spars With Prosecutor at His Fraud Trial
In his second day on the stand, Maurice R. Greenberg, 91, had several heated exchanges with the New York State trial attorney questioning him.... More >>

State of the Art: A High-Stakes Bet: Turning Google Assistant Into a ‘Star Trek’ Computer
Google is threatened by the decline of web search, so it’s making a bold bet on what comes next: an all-knowing digital helper.... More >>

Economic Scene: What Can Mexico Do About Trump?
Few, if any, countries would be as vulnerable to a Trump presidency as Mexico, but its minister of the economy says his country “must not overreact to campaign rhetoric.”... More >>

DealBook: Trump’s a Businessman. Where’s His Business Backing?
Despite pushing proposals that sound like a corporate chieftain’s dream, the Republican nominee isn’t getting much love from his peers.... More >>

Editor, John C. DePrez Jr.; Executive Editor, Carol Rogers; Publishers: IBRC and IAR

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