Deutsche Bank chief executive Christian Sewing has raised the medium-term revenue target for his struggling investment bank and now targets an average growth of 2 per cent over the coming three years, a presentation for the lender’s capital markets day shows.

Just Eat has rejected a fresh attempt by South Africa’s Naspers to disrupt the food delivery group’s planned tie-up with Takeaway.com, saying the sweetened offer “significantly undervalues” the company.

Ted Baker’s chief executive has resigned after less than a year in the job, as the clothing group suspended its dividend and warned its profits will tumble as much as 90 per cent during its “most challenging” year. 

Wall Street began the week on the back foot, slipping for the first time in four days as investors grew antsy about the US-China trade war ahead of a fresh round of tariffs scheduled to take effect on Sunday.

The European Space Agency (ESA) has chosen a Swiss start-up company to head what it says will be the world’s first mission to remove a large piece of space junk from orbit.

Investors snapped up a further $25bn in short-term loans from the Federal Reserve on Monday, seeking to shore up financing over the end of the year.

Market attention next week will be focused on global monetary policy and the UK general election. Here’s what to watch in the coming days.

Wall Street rallied and US Treasuries sold off on Friday as traders cheered reports showing the economy added jobs in November at the quickest pace in 10 months and consumer sentiment improved.

The US has sanctioned four Iraqis it has accused of being involved in a recent brutal crackdown on protesters and corruption.

Asana, the business software company led by Facebook co-founder Dustin Moskovitz, is expected to choose a direct listing when it goes public next year, adding to the succession of companies using the alternative to initial public offerings.

Bank of Canada governor Stephen Poloz will step down in 2020, and the central bank has begun a search for his successor.

Germany’s sprawling industrial sector is suffering its steepest downturn for a decade, underlining how the engine of the eurozone’s biggest economy is sputtering.

Smith & Wesson’s parent company American Outdoor Brands raised its full-year outlook after booking stronger quarterly sales than forecast, as US demand for firearms has picked up in the back half of 2019.

General Motors and South Korea’s LG Chem plan to invest a combined $2.3bn in a joint venture to build a new battery plant in the US, as the automaker prepares to ramp up production of electric vehicles.

United Airlines on Thursday said Oscar Munoz will step down as chief executive next year, hand the top job to the US carrier’s president, Scott Kirby and finally take a seat in the chairman’s lounge.

The two-year recession in German industry is showing few signs of ending after orders in the country’s manufacturing sector fell more than expected in October with a further shrinkage expected in November.

Euronext, the exchanges operator, has made its second deal in northern Europe in a year with an €84m cash purchase of a controlling interest in Nord Pool, a power trading venue that competes with Nasdaq and Deutsche Börse.

India’s central bank left its benchmark interest rate unchanged on Thursday as policymakers grapple with the need to boost a slowing economy while curbing a rise in inflation that risks spurring social unrest.

Slack’s shares recovered some lost ground late on Wednesday after the workplace messaging app reported stronger revenue growth in its latest quarter and issued a positive forecast for the rest of its fiscal year.

US stocks bounced back on Wednesday, while Treasury yields also rose, as reports China and the US could be close to a trade deal breathed new life into risk assets.

The owners of the New York Mets are in talks to sell up to 80 per cent of the baseball club to hedge fund manager Steven Cohen, valuing the team at $2.6bn, said people familiar with the matter.

Glencore has signed a six-year deal to supply up to 30,000 tonnes of cobalt to SK Innovation, the Korean manufacturer, allowing it to produce batteries for 3m electric vehicles.

Inquests into the deaths of the two victims of the London Bridge attack along with their attacker were opened and adjourned on Wednesday at London’s Old Bailey.

German-Russian relations have been plunged into crisis after German federal prosecutors said there were “sufficient indications” that Moscow was behind the murder of a Chechen rebel in a Berlin park in August.