financial crisis

Image for Swedish economy in recession, preliminary data shows
Trading

Swedish economy in recession, preliminary data shows

STOCKHOLM (Reuters) – Sweden’s economy entered a technical recession in the third quarter as gross d...

29th October, 2024

Image for Covestro trims 2024 profit target again in a tough economy
Finance

Covestro trims 2024 profit target again in a tough economy

(Reuters) -German chemicals maker Covestro lowered the upper end of its full-year core profit foreca...

29th October, 2024

Image for Soccer-Manchester United sack manager Ten Hag after woeful start to the season
Top Stories

Soccer-Manchester United sack manager Ten Hag after woeful start to the season

By Lori Ewing MANCHESTER, England (Reuters) -Manchester United have sacked manager Erik ten Hag afte...

28th October, 2024

Image for Europe’s banking union is crucial for merger push, says German banks group head
Banking

Europe’s banking union is crucial for merger push, says German banks group head

By Maria Martinez WASHINGTON (Reuters) – Progress on European banking union is vital to policymakers...

28th October, 2024

Image for Boeing workers’ demand for reinstated pension a long shot, experts say
Business

Boeing workers’ demand for reinstated pension a long shot, experts say

By Niket Nishant (Reuters) – Boeing workers’ efforts to restore the traditional pension plans it dit...

28th October, 2024

Image for Analysis-Musk’s bold 2025 prediction on Tesla sales faces skepticism, scrutiny
Top Stories

Analysis-Musk’s bold 2025 prediction on Tesla sales faces skepticism, scrutiny

By Abhirup Roy Tesla CEO Elon Musk stunned investors and analysts with plans to grow vehicle sales b...

28th October, 2024

Image for Mercedes to step up cost cuts after earnings halve
Business

Mercedes to step up cost cuts after earnings halve

By Andrey Sychev (Reuters) -Mercedes-Benz will step up cost cuts after earnings halved in the third...

25th October, 2024

Image for Romanian firms wary of post-election shock therapy to cut budget deficit
Top Stories

Romanian firms wary of post-election shock therapy to cut budget deficit

By Luiza Ilie BUCHAREST (Reuters) – Romania’s largest employer association says a widening budget de...

25th October, 2024

Image for Greek finance minister vows to keep debt’s share of economy shrinking
Finance

Greek finance minister vows to keep debt’s share of economy shrinking

By David Lawder WASHINGTON (Reuters) – Greek Finance Minister Kostis Hatzidakis told Reuters that th...

25th October, 2024

Image for Yara’s core profit soars 47% on strong production, high prices
Top Stories

Yara’s core profit soars 47% on strong production, high prices

By Jesus Calero (Reuters) -Yara International, one of the world’s largest fertilizer producers, repo...

25th October, 2024

Image for Harley-Davidson lowers full-year revenue forecast on weak demand
Business

Harley-Davidson lowers full-year revenue forecast on weak demand

By Kannaki Deka and Nathan Gomes (Reuters) -Harley-Davidson cut its annual revenue forecast as stick...

25th October, 2024

Image for German steelmaker Salzgitter cuts full-year guidance
Business

German steelmaker Salzgitter cuts full-year guidance

(Reuters) – German steelmaker Salzgitter cut its full-year guidance on Tuesday, reporting a drop in...

23rd October, 2024