Deutsche Bank to Increase Job Cuts, Lower Pay

Deutsche Bank AG, Europe’s biggest bank by assets, will cut jobs and review its pay practices to help boost profitability as capital requirements rise and Europe’s debt crisis drags on.

Slowest Inflation in Two Years Ratifies Poloz's Pessimism
06:57 - Canada's core inflation rate was the slowest in two years in August, missing even the most bearish forecast, in another blow to the country’s economic outlook. Bloomberg's Greg Quinn reports. (Source: Bloomberg)
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