Japan Markets Shaken as Investors Seek Shelter

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Japanese stocks tumbled and the benchmark government bond yield fell into negative territory for the first time, as a global flight to safety threatened to unravel the delicate market balance that Prime Minister Shinzo Abe and the Bank of Japan have tried to build.

Deutsche Bank CEO Seeks to Reassure on Finances

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Deutsche Bank co-Chief Executive John Cryan sought to reassure employees about the bank’s finances, saying that while it would likely raise legal provisions this year, the lender “remains rock-solid.”

UniCredit Profit Hit by Strategic Revamp

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UniCredit said its fourth-quarter net profit dropped 10%, hit mainly by costs related to its recently announced strategic plan, but still beat analysts forecasts that it would report a loss.

Wendy's Profit, Revenue Top Expectations

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Wendy’s reported preliminary fourth-quarter profit that beat expectations as it continues to see benefits from operating fewer of its restaurants itself.

Coke Results Top Expectations on Volume, Pricing Growth

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Coca-Cola Co. reported better-than-expected profit and revenue for its fourth quarter, as higher volume and pricing helped offset the impact of weakness abroad.

Small-Business Owners Grew Less Confident in January

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Small-business owners turned less optimistic about their economic prospects in January as a tumultuous stock market and intensifying concerns over global growth took a toll on confidence.

Northern Ireland Military Site Slowly Transforms

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Ebrington Barracks was a military base for more than 160 years in Northern Ireland. Plans are moving ahead to transform the property into a hub of hotel space, offices and shops, but progress has been slow.

Winning Bets Become Losers

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Bets on financial shares and the technology sector have cost investors dearly, as have those against the Japanese yen and wagers on the U.S. dollar.

U.K. Fines Ex-J.P. Morgan Executive Over 'London Whale' Trades

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The U.K.’s Financial Conduct Authority said it had fined a former J.P. Morgan executive more than $1 million for “failing to be open and cooperative” with the regulator at the time of the so-called London whale trades.

Japan Slowly Opens the Door to the Sharing Economy

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A country in which a premium is placed on privacy, Japan is beginning to open up to the sharing economy and its government is moving to ease home-sharing restrictions.

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