BMW has warned its earnings will fall “well below” last year’s level, and embarked on a €22bn efficiency drive to offset the impact of trade conflicts and unprecedented spending on electric cars.

BMW has warned its earnings will fall “well below” last year’s level, and embarked on a €22 billion efficiency drive to offset the impact of trade con(...)

Senior management of Deutsche Bank and Commerzbank have begun exploratory merger talks

The senior management of Deutsche Bank and Commerzbank have begun exploratory merger talks on Sunday after the executive boards of Germany’s two large(...)

The man sitting next to me arrived at work to report he had been in a Morrisons supermarket on the weekend and the toilet paper shelves were empty

For many weeks now, the Brexit questions worrying people in my office have followed a predictable pattern. Can anything solve the Northern Ireland bo(...)

JP Morgan chief executive Jamie Dimon: Dublin HQ is set to receive little by way of an initial “Brexit dividend” in terms of additional staff. Photograph: Tom Honan

JP Morgan chief executive Jamie Dimon sees the US banking giant being forced to gradually move a raft of jobs from the UK to elsewhere in Europe in th(...)

Volkswagen CEO Herbert Diess: “We are aligning Volkswagen with e-mobility like no other company in our industry”

Volkswagen aims to produce almost 50 per cent more electric cars than it previously targeted, boosting a bet that has already strained profit margins.(...)

Daimler AG and Mercedes Benz chairperson Dieter Zetsche: “Our industry is changing. And we do some things different today to underline that.”

It would have seemed anathema just a couple of years ago but the co-operation between Mercedes-Benz and long-time arch-rival BMW is a sign of the time(...)

The practice of hidden city ticketing also holds dangers for passengers. File Photograph: Michaela Rehle/Reuters

Airlines are cracking down on a ticketing loophole that can knock thousands of euro off the cost of travel – but the fight back is only giving mo(...)

Citi’s London office in Canary Wharf. Photograph: iStock

Citigroup is in talks to buy its London skyscraper office for about £1.2 billion (€1.37 billion), as the US bank commits its long-term future to the U(...)

Christian Sewing, chief executive of Deutsche Bank. The pressure on Mr Sewing has risen as Deutsche Bank’s share price has fallen by a third in the 10 months since he took over. Photograph: Kai Pfaffenbach/Reuters

Several of Deutsche Bank’s biggest shareholders are calling for its chief executive to make deeper cuts to its perennially lossmaking US investment ba(...)

Philip Lane, governor of the Central bank of Ireland, believes a Brexit deal will happen.

Central Bank of Ireland governor Philip Lane believes the UK and the European Union will eventually agree on a withdrawal deal, with a long transition(...)

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