Bloomberg Danske Bank A/S may need to cut at least 1,000 jobs if it’s to meet its latest cost goals, according to analysts monitoring the lender. Danske’s chief executive, Chris Vogelzang, told Bloomberg that he’s planning “significant” staff cuts in an effort to bring expenditure under control. Given the lender’s stated cost targets, that entails a “low four-digit number,” according ...

Bloomberg Futures on the S&P 500 Index dropped with European stocks after China said the US ordered the closure of its consulate in Houston, further stoking tensions between the two countries. Treasuries edged higher and the dollar erased a loss. The yuan weakened after a Chinese Foreign Ministry spokesman said the move was unilaterally initiated by the US and China ...

Bloomberg Indian stocks swung between gains and losses in early trade as investors weighed valuations and quality of quarterly earnings. The S&P BSE Sensex fell 0.1% to 37,882.06 as of 10:10 am in Mumbai after gaining as much as 0.7%. The NSE Nifty 50 Index also slipped 0.1%, erasing an initial advance. Both measures capped five-straight days of gains, breaching ...