Cheap robots may shift car making from China to U.S.: Magna CEO
The falling cost of intelligent robots may help repatriate some car manufacturing work away from low-cost locations like China back to factories in Germany and North America, Donald Walker, Chief Executive of auto supplier Magna told Reuters.
Egypt's Sisi swears in new government, keeps ministers in key posts
Egyptian President Abdel Fattah al-Sisi kept his finance, investment and interior ministers in a new government sworn in on Saturday as he tries to rebuild an economy battered by Islamist militant violence.
China 'extremely concerned' by proposed U.S. challenge to claims
China said on Friday it was "extremely concerned" about a suggestion from a top U.S. commander that U.S. ships and aircraft should challenge China's claims in the South China Sea by patrolling close to artificial islands it has built.
Deutsche Bank posts announcement on closure of some Russia ops
Germany's Deutsche Bank (DBKGn.DE) posted a statement on Thursday saying it would close its corporate banking services and securities business in Russia, where it has been hit by sanctions, a downturn and investigations into share trades.
Fed to dominate week of central bank meetings
The U.S. Federal Reserve takes center stage in the coming week, eclipsing industry data from China, another grim inflation reading from the euro zone and rate decisions in Japan and Switzerland.
Austria says army will help impose tougher border checks
Austria said on Monday it would dispatch the armed forces to help impose additional controls on its eastern border, belatedly following Germany's example as thousands of migrants streamed across its frontier from Hungary on foot.
Deutsche Bank to close almost all Russian operations: sources
Deutsche Bank (DBKGn.DE) has decided to close its Russian operations, apart from transaction banking services, two financial sources told Reuters on Monday.
China unveils details of state-firm reforms as growth sputters
China unveiled details on Sunday of how it would restructure its state-owned enterprises (SOEs), including partial privatization, as data pointed to a cooling in the world's second-largest economy.
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