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Deutsche Bank set for early move in dash for cash
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FRANKFURT/LONDON (Reuters) - Deutsche Bank is set to lead rivals raising billions of euros as radical new global capital rules to be unveiled this weekend bite, and showed it may be good to get the jump on the pack.
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Nokia brings in Microsoft exec to replace CEO
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HELSINKI (Reuters) - Nokia , the world's top cellphone maker, brought in Microsoft's Stephen Elop to replace its embattled chief executive and lead a renewed effort to compete in the smartphone market.
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Oil jumps on Canada-U.S. pipeline shutdown
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SINGAPORE (Reuters) - U.S. crude approached a three-week high near $76 after a leak forced Enbridge to shut down the biggest pipeline supplying Canadian oil to refineries in the Midwest and to a key storage hub in Oklahoma.
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Dubai World in formal debt deal for $24.9 billion
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DUBAI (Reuters) - State-owned conglomerate Dubai World has come to a formal agreement with over 99 percent of its creditors to restructure around $24.9 billion of liabilities, the government of Dubai said on Friday.
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