Bloomberg Royal Dutch Shell Plc’s plan to sell its $3.3 billion stake in Canadian Natural Resources Ltd. put a dent in the oil-sands producer’s shares, but there’s a silver lining. The impending sale removes a cloud that had loomed over Canadian Natural since Shell took the shares as part of a $7.25 billion deal last year and signalled it would …

Bloomberg International politics are looming large over the race among global investment banks to secure coveted permits for taking majority stakes in Chinese securities joint ventures. Switzerland’s UBS Group AG and Nomura Holdings Inc. of Japan in the past week became the first to apply for permission to buy 51 percent stakes in local securities JVs. Both banks acted after …

Bloomberg Deutsche Bank AG is considering a sweeping restructuring in the US that could result in the firm cutting about 20 percent of staff in the region, according to people briefed on the matter. The bank is nearing a decision and the final reductions may end up lower, one of the people said, asking not to be identified because the …