financial crisis

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

Image for Nissan to axe 9,000 jobs, cut production on weak China, US sales
Business

Nissan to axe 9,000 jobs, cut production on weak China, US sales

By Daniel Leussink TOKYO (Reuters) -Nissan Motor will cut 9,000 jobs and 20% of its global manufactu...

7th November, 2024

Image for Match forecasts lackluster revenue as Tinder turnaround takes longer
Investing

Match forecasts lackluster revenue as Tinder turnaround takes longer

By Jaspreet Singh (Reuters) -Match Group projected fourth-quarter revenue below Wall Street estimate...

7th November, 2024

Image for Commerzbank seeks to fend off UniCredit as both banks hike targets
Banking

Commerzbank seeks to fend off UniCredit as both banks hike targets

By Tom Sims and Valentina Za FRANKFURT/MILAN (Reuters) – Germany’s Commerzbank raised some financial...

6th November, 2024

Image for Rugby-England’s replacements policy under fire after latest blown lead
Top Stories

Rugby-England’s replacements policy under fire after latest blown lead

By Mitch Phillips LONDON (Reuters) – While South Africa’s “Bomb Squad” has become a key factor in th...

6th November, 2024

Image for Who are the candidates running in the US presidential election?
Top Stories

Who are the candidates running in the US presidential election?

By Costas Pitas, Susan Heavey (Reuters) -Republican former President Donald Trump will face Vice Pre...

5th November, 2024

Image for US voters head to polls as turbulent election season nears climax
Top Stories

US voters head to polls as turbulent election season nears climax

By Joseph Ax WASHINGTON (Reuters) -The dizzying presidential contest between Republican Donald Trump...

5th November, 2024

Image for Poland’s Orlen sees no positive cashflow from Olefins project
Business

Poland’s Orlen sees no positive cashflow from Olefins project

By Marek Strzelecki WARSAW (Reuters) – Polish oil and gas company Orlen said on Tuesday its Olefins...

5th November, 2024

Image for Nintendo cuts annual profit forecast 10% as Switch sales slow
Investing

Nintendo cuts annual profit forecast 10% as Switch sales slow

By Kiyoshi Takenaka TOKYO (Reuters) -Nintendo cut its operating profit forecast for the year to Marc...

5th November, 2024