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Germany's biggest lender Deutsche Bank Friday flexed its muscle on Friday, launching a massive bond-buying programme to assuage concerns over the depth of its pockets. Its share price has plunged by a third since the beginning of the year.
The Independent will publish its final print edition next month and become digital only, its owners said on Friday, in the latest shake-up for British newspapers hit by falling advertising revenues. The last Independent on Sunday will be on March 20. ESI Media, the group which controls The Independent, said in a statement it was also selling off the "i" -- a cut-price sister title -- to Scotland-based publisher Johnston Press to fund the website.
PARIS (AP) — Facebook lost a crucial legal battle Friday as a Paris court ruled the social network can be sued in France over its decision to remove the account of a French user who posted a photo of a famous 19th-century nude painting.