SINGAPORE, March 10 (Reuters) – Falling bank stocks drove Asian markets lower on Friday, while bonds rallied and expectations for U.S. interest rate rises were reduced after a surprise capital raising at a Silicon Valley startup lender unleashed fears of broader banking-system stress. European and U.S. equity markets looked set to echo those losses when…
Spotify Technology SA (SPOT.N) said on Wednesday it would roll out new features like smart shuffle and previews of podcasts and music playlists on its audio streaming platform, as it crossed 500 million in monthly active listeners. The Swedish company, which has invested heavily in building up its podcast and audiobooks business in recent years…
Turkish president announces the date for the country’s presidential and parliamentary polls. Turkey’s president has announced May 14 as the date for the country’s next parliamentary and presidential elections. President Recep Tayyip Erdogan, who plans to seek re-election, made the announcement during a Saturday youth conference in the northwestern Bursa province. A video of the…
FRANKFURT, April 27 (Reuters) – Deutsche Bank (DBKGn.DE) is to cut 800 jobs in a new cost-saving drive after reporting a bigger than expected rise in profit for the first quarter, a volatile period globally for finance companies. Germany’s biggest bank produced solid earnings at a time when banks had to be rescued in the United States and in Switzerland….