Germany's second largest bank by assets, Commerzbank, announced a comprehensive overhaul of its structure following what it called "current market rumors."
Only a substantial intervention by the German government can stop the collapse of the country's largest lender, according to one analyst.
Embattled German lender Deutsche Bank saw some respite from recent selling on Wednesday after a slew of news helped the stock to push off record lows.
European indexes closed higher on Wednesday, with investor sentiment buoyed by a rally in Deutsche Bank shares.
The man who created a new food that merges a hot dog and a hamburger has decided to auction off his intellectual property rights.
Hollywood star Goldie Hawn has underlined her belief that Hillary Clinton would be best-equipped to be the next president of the United States.
The market for initial public offerings has had a year it would rather forget as it tried to deal with global political uncertainty.
European stocks closed lower on Tuesday as weak sentiment towards the banking sector saw Deutsche Bank shares hit a fresh record low.
A freeze in production by OPEC members would not include Nigeria, according to the country's oil minister.
A survey of 12,000 people by media group Havas reveals marketers maybe playing catch-up with society when it comes to gender.
Amazon’s Alexa is set to power its smart glasses and wearers will be able to hear responses via bone conduction
Hilton maybe spending millions on digital marketing technologies but it's still only part of the marketing mix, says CMO Geraldine Calpin.
CNBC looks at how the computer systems in F1 cars have made their way into regular vehicles.
FIA President Jean Todt discusses his start with the Ferarri team and the current problems facing F1.
F1 experts discuss whether the quieter engine sounds are making the sport less attractive.
Markets react to the fed’s decision to start unwinding its balance sheet. Larry McDonald of ACG Analytics weighs in.
Steven Wieting of Citi Private Bank gives his take on what he calls the “seven decade Cold War” and what it means for markets.
The countdown to Christmas is on! Stacey Widlitz of SW Retail Advisors gives her take on the struggling sector.