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  AP Deutsche Bank, Germany’s largest lender, has apologized in full-page German newspaper ads for misconduct that has cost the company billions. The ad, signed by CEO John Cryan on behalf of the bank’s top management, ran in the Frankfurter Allgemeine Zeitung and the Munich-based Sueddeutsche Zeitung. The bank said its past conduct “not only cost us money, but also ...

  Bloomberg The pound snapped a two-day rally and gilts rose after the Bank of England (BoE) signaled that a policy tightening wasn’t imminent. Sterling rose initially after the central bank said that some within its committee had become more concerned about accelerating inflation and that they were “closer to those limits” of tolerance. It reversed gains after a fuller ...

  Bloomberg Salespeople of all stripes know the drill. Go to the morning pump-up sessions. Hit the revenue targets. Move product or move along. The playbook for selling everything from phones to time shares also crops up in a rarefied environment — the Manhattan offices of JPMorgan Chase & Co.’s elite wealth-management unit. There, private bankers working with JPMorgan’s richest ...

  Bloomberg The White House announced a contract for 90 F-35 jets from Lockheed Martin Corp. valued at as much as $8.2 billion, boasting of savings after President Donald Trump chided that the Pentagon’s costliest program was “out of control.” Based on the per-plane cost, the savings will be $728 million compared with the previous contract, according to a Pentagon ...

  DUBAI / Reuters Qatar Airways launched its first service to Auckland, New Zealand on Sunday with the return leg set to be the longest scheduled commercial flight by flying time, according to the airline’s website. Flight QR920 departed Doha’s Hamed International Airport, a spokeswoman confirmed, and was scheduled to arrive in Auckland on Monday at 0730 local time (1830 ...

  Abu Dhabi / Emirates Business Swiss luxury watchmaker and aviation chronograph specialist, Breitling announced that French pilot, Mika Brageot, will be making his Master Class debut in Abu Dhabi at the season opener of the 2017 Red Bull Air Race World Championship from February 10-11. The Abu Dhabi race, which is celebrating its 10th anniversary, will see Brageot and ...

  Bloomberg Dubai agreed a $3 billion loan with banks to fund the expansion of Dubai World Central airport and logistics hub as it prepares to host the World Expo in 2020, reports said. The emirate will pay interest of 200 basis points, or 2 percentage points, above the London Interbank Offered Rate on the seven-year facility, said the people, ...

  Bloomberg In line with its efforts to digitise its services to create a secure e-commerce environment, du has increased the security of its payment gateway with Payment Card Industry Data Security Standard (PCI DDS) compliance. This certification enables du customers to process their payment transactions and cardholder data more securely than ever before. “PCI-DSS Compliance enables du to tighten ...

  Broome/ DPA The sun has dipped behind the horizon but still hundreds of tourists remain on the mangrove beach at Broome in north-western Australia. All are looking out to sea. Slowly, a golden moon rises over the black water and a spectacular phenomenon takes place. The moonlight reflected off the mudflats makes it appear as if the moon has ...

  ANN ARBOR, Mich / AP The University of Michigan collects video games. Lots of them. The Ann Arbor university‘s Computer and Video Game Archive (CVGA) features over 7,000 titles — everything from time-honored favorites such as “Pac-Man” and “Frogger” to newer fare, including “Call of Duty” and “Halo”— on dozens of gaming systems. Now in its 10th year, the ...