Bond trading surge sends Deutsche Bank to highest profit in 6 quarters

Deutsche Bank returned to profit for the first time since early 2019 as a surge in bond trading and lower provisions for bad loans buoyed Germany’s largest lender.The bank’s fixed-income trading revenues climbed 47 per cent in the third quarter, surpassing the average of 26 per cent recorded by its five largest rivals on Wall…Continue Reading

Uber at the crossroads: CEO Dara Khosrowshahi faces a gig-economy revolution

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more. Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access…Continue Reading

Why ExxonMobil is sticking with oil as rivals look to a greener future

Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business news Read more Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend…Continue Reading

Text election: campaigns bombard US voters with billions of messages

Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business news Read more Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend…Continue Reading

Growing a Manufacturing Company with a Social Mission

October 27, 2020 Nehemiah Manufacturing, a Cincinnati, Ohio-based company that builds fast-moving consumer goods, turned a social mission to hire convicted felons into a competitive advantage, providing the company with decreased turnover and higher staff loyalty. Harvard Business School professor Michael Chu discusses the challenges and opportunities of combining profit with social impact in his…Continue Reading

Give Your Remote Team Unstructured Time for Collaboration

Stephen Smith/Getty Images After more than six months of at least partial remote work for roughly a third of U.S. workers, managers have largely implemented the basic best practices for overseeing their remote workforces. Now, as many companies are continuing to work remotely — and some are shifting to permanent WFH policies — many leaders…Continue Reading

Unlocking AI’s Potential for Social Good

Hiroshi Watanabe/Getty Images New developments in AI could spur a massive democratization of access to services and work opportunities, improving the lives of millions of people around the world and creating new commercial opportunities for businesses. Yet they also raise the specter of potential new social divides and biases, sparking a public backlash and regulatory…Continue Reading

4 Ways Men Can Support Their Female Colleagues — Remotely

Illustration by Jason Schneider Everyday gender biases and barriers remain a persistent problem in office culture. But men with a keen awareness of how women experience the workplace and how gender inequities torpedo profitability and mission outcomes can actively deploy strategies to overcome them. In the in-person work environment, these strategies include ensuring that women have…Continue Reading

Would acquiring a mid-size Indian bank help Asia’s richest banker beat economic woes?

Back in May, when the Indian economy was at a standstill due to coronavirus-linked lockdowns, Asia’s richest banker Uday Kotak pulled off a giant feat by raising a staggering Rs7,442 crore ($992 million) from institutional investors.Now, flush with cash, Kotak is reportedly attempting another masterstroke that could give his Kotak Mahindra Bank a significant push…Continue Reading

Tanzania has blocked social media, bulk SMS as its election polls open

Tanzania has been blocking social media applications ahead of Wednesday’s (Oct. 28) election, days after the state issued a directive restricting text messaging within the country. This builds on earlier legislation outlawing international press from covering developments in the country without local media partnerships.The presidential and parliamentary election in Tanzania tomorrow is likely to be…Continue Reading