NEW YORK (AP) — Anshu Jain, a former co-CEO of Deutsche Bank, has died, his family said in a statement Saturday. He was 59. Jain died after a battle with duodenal cancer, which he was diagnosed with in 2017. Jain was Co-CEO of Deutsche Bank from 2012 to 2015, where he helped build the firm’s…
BERLIN (AP) — German businesses and public institutions should heat their offices no higher than 19 degrees Celsius (66.2 degrees Fahrenheit) this winter to help reduce the country’s consumption of natural gas, Germany’s economy minister said Saturday. Germany, the European Union’s biggest economy, is quickly trying to wean itself off using natural gas from Russia…
FRANKFURT (Reuters) – Anshu Jain, the former Deutsche Bank AG co-chief executive officer, died early on Saturday at the age of 59 after a long illness, the bank said. “Anshu Jain played a key role in expanding Deutsche Bank’s position in our global business with companies and institutional investors,” said Alexander Wynaendts, chairman of the…
Shipping companies prepared to halt the transport of goods on the Rhine as water levels in Germany’s biggest river neared a critically low point Saturday. An ongoing drought affecting much of Europe has lowered rivers such as the Rhine, preventing large ships with heavy loads from passing key waypoints and forcing them to use smaller…
PROVIDENCE, R.I. (AP) — A major economic bill headed to the president has “game-changing” incentives for the nuclear energy industry, experts say, and those tax credits are even more substantial if a facility is sited in a community where a coal plant is closing. The transformative bill provides the most spending to fight climate change…
By Andrea Shalal KYIV (Reuters) – Securing a new $5 billion loan from the IMF would help reassure Ukraine’s other creditors that the war-torn country’s macroeconomic situation was under control, President Volodymyr Zelenskiy’s chief economic adviser told Reuters on Friday. Fresh financing from the International Monetary Fund for around 18 months could serve as the…
ZURICH (Reuters) – The United States and Switzerland can move towards free trade between their countries with sectoral deals and they are working on facilitating business in the pharmaceutical sector, the U.S. ambassador to Switzerland told the Tages Anzeiger newspaper. Scott Miller said that in the last round of trade negotiations between the two countries,…
