Deutsche Bank Shares Drop on Capital Raising Fears

Shares in Deutsche Bank fell sharply with investors spooked by the possibility of a capital increase ahead of a looming fine from the U.S. Department of Justice.

Lanxess to Acquire Chemtura for $2.7 Billion

Specialty chemical company Lanxess said Sunday it is buying Chemtura in a deal with an enterprise value of around $2.7 billion.

Goldman Sachs Slashes Asia Investment Bankers

Goldman Sachs Group Inc. plans to lay off more than one-quarter of its investment bankers in Asia amid a slowdown in deal activity in the region, according to people familiar with the matter.

Hyundai Workers on Full Strike for First Time in 12 Years

Hyundai Motor plants in South Korea were crippled by the first complete strike by unionized workers in more than a decade, threatening to worsen the auto maker's profit slide.

GM Workers in Canada Approve New Contract

The union representing Canadian auto workers won approval for a new four-year contract with General Motors Co., securing future investment for Canada's weakening auto sector and eventually giving GM more capacity for its profitable pickup trucks.

Apple Goes Without a Lobby Into European Fray

Apple is heading toward a battle with the EU antitrust regulator over $14.5 billion in taxes without the army of lobbyists and public relations campaigners typical in such fights.

(END) Dow Jones Newswires

September 26, 2016 06:00 ET (10:00 GMT)

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