Deutsche Bank (DE:DBKGn) is targeting reducing global headcount to below 93,000 by year-end and achieve a return on tangible equity of more than 4 percent next year, the lender said in slides prepared for a conference.
Elon Musk is confident Tesla (NASDAQ:TSLA) Inc. can finally meet a production target with its crucial Model 3 and predicted that manufacturing will actually become a strength for the electric-car maker over time.
Tesla Inc (O:TSLA) shares rose 3.5 percent on Wednesday morning after Chief Executive Elon Musk said the car maker was now churning out 500 of its Model 3 sedans a day and should achieve its 5,000 per week target by the end of June.
A consortium including infrastructure investor Dalmore Capital has agreed to buy UK recycling company Cory Riverside Energy from investors including Strategic Value Partners, for an undisclosed sum.
Volkswagen (DE:VOWG_p) said it has reinstated its former chief lobbyist after an internal investigation into his role in tests that exposed monkeys and humans to toxic diesel fumes found no evidence of wrongdoing.