financial crisis

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Image for Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says
Business

Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says

By Elisa Anzolin MILAN (Reuters) – Sales of personal luxury goods are set to fall 2% this year, maki...

13th November, 2024

Image for Buffeted by an economic storm, Germany heads for Feb. 23 vote
Top Stories

Buffeted by an economic storm, Germany heads for Feb. 23 vote

By Andreas Rinke and Rachel More BERLIN (Reuters) -Germany is set to hold fresh elections on Februar...

12th November, 2024

Image for German investor morale falls, rattled by Trump and coalition collapse
Investing

German investor morale falls, rattled by Trump and coalition collapse

By Rachel More BERLIN (Reuters) -German investor morale clouded over this month, an economic researc...

12th November, 2024

Image for Europe’s banks brace for tougher competition under Trump 2.0
Banking

Europe’s banks brace for tougher competition under Trump 2.0

By Sinead Cruise and Tommy Reggiori Wilkes LONDON (Reuters) -European banks face an even tougher tas...

12th November, 2024

Image for German commercial property prices drop but show some stabilisation
Investing

German commercial property prices drop but show some stabilisation

FRANKFURT (Reuters) – German commercial property prices fell 4.7% in the third quarter from a year e...

11th November, 2024

Image for NatWest buys back 1 billion pounds of its shares, accelerating full privatisation
Finance

NatWest buys back 1 billion pounds of its shares, accelerating full privatisation

LONDON (Reuters) – NatWest has bought back 1 billion pounds ($1.29 billion) worth of its own shares...

11th November, 2024

Image for Europe’s banks brace for tougher competition under Trump 2.0
Banking

Europe’s banks brace for tougher competition under Trump 2.0

By Sinead Cruise and Tommy Reggiori Wilkes LONDON (Reuters) -European banks face an even tougher tas...

11th November, 2024

Image for Greece’s mussel harvest wiped out by warming seas
Top Stories

Greece’s mussel harvest wiped out by warming seas

By Alexandros Avramidis THERMAIC GULF, Greece (Reuters) – When Anastasios Zakalkas pulled up the rop...

9th November, 2024

Image for Stellantis to lay off 400 workers at Detroit parts facility
Business

Stellantis to lay off 400 workers at Detroit parts facility

By Nora Eckert DETROIT (Reuters) -Stellantis added to its rising tally of layoffs on Friday, saying...

9th November, 2024

Image for Scholz calls for cool heads to pull Germany out of political crisis
Top Stories

Scholz calls for cool heads to pull Germany out of political crisis

By Christian Kraemer and Andreas Rinke BERLIN (Reuters) -Chancellor Olaf Scholz on Friday demanded a...

9th November, 2024

Image for Greece’s Alpha Bank posts higher 9-month profit on lower provisions, strong income
Banking

Greece’s Alpha Bank posts higher 9-month profit on lower provisions, strong income

ATHENS (Reuters) -Alpha Bank, Greece’s fourth-largest lender by market value, reported higher net ea...

8th November, 2024

Image for Explainer-German coalition collapses: What comes next?
Top Stories

Explainer-German coalition collapses: What comes next?

By Thomas Escritt BERLIN (Reuters) -Germany’s coalition collapsed on Wednesday as Chancellor Olaf Sc...

8th November, 2024