EU antitrust regulators opened on Monday a full-scale investigation into Aon's US$30 billion bid for Willis Towers Watson to create the world's largest insurance broker, concerned that the deal may reduce competition.
Deutsche Bank is in danger of failing U.S. stress tests, a European bank supervisor told Reuters, adding to pressure on Germany's biggest lender to make changes to its investment bank after failed merger talks with Commerzbank.
An ambitious "phase two" trade deal between the United States and China is looking less likely as the two countries struggle to strike a preliminary "phase one" agreement, according to US and Beijing officials, lawmakers and trade experts.
