Deutsche Bank has unveiled a �3.5bn cost cutting plan and scaled back its target for profitability, as Germany's biggest lender spelt out the details of a new strategy to bolster its financial strength to meet new regulatory requirements.
Merger activity increased last week with three new deals announced. None of the pending deals closed last week. New Deals: LRE, PKT, AEC.
TOKYO-- Applied Materials Inc. and Tokyo Electron Ltd. said that they will scrap plans to merge their operations, citing problems with the U.S.
LONDON - Capgemini, the French technology and outsourcing company, agreed on Monday to buy its United States rival iGate in an all-cash deal worth $4 billion.
That means none of the ingredients will be genetically modified -- for its tortillas, rice, chips and salsa, and also in the marinades used to cook its meats.