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Deutsche Bank is making money again

WT24 Desk Restructuring reduced the number of employees by 1,700 in the second quarter to slightly above 95,400, according to the bank. Non-interest expenses were lower than analysts had expected at roughly €5.8 billion ($6.8 billion), CNN reports. Deutsche recently ...

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63 companies get Nat’l Export Trophies

WT24 Desk A total of 63 companies were awarded the National Export Trophies for their contribution and performance in country’s export earnings as well as other compliance issues for fiscal 2014-15 year, Agencies report. Commerce Minister Tofail Ahmed today handed ...

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US lifts order against China’s ZTE

WT24 Desk The US has lifted an order that blocked Chinese tech giant ZTE from doing business with US companies, forcing the firm to halt major operations, BBC reports. US President Donald Trump had intervened to end the ban, which ...

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Asian markets rebound from trade fears

WT Desk Beijing — Asian stock markets rose Thursday following Wall Street’s decline amid U.S.-Chinese trade tensions and oil prices recovered some of the previous day’s steep losses, AP reports. KEEPING SCORE: The Shanghai Composite Index rose 1.1 percent to ...

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China’s factory-gate prices up

WT Desk China’s factory price inflation rose in June, the government said Tuesday, as a trade war threatens producers in both of the world’s top two economies, AFP reports. The producer price index (PPI) rose 4.7 per cent year-on-year, according ...

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