financial crisis

Image for German property bank PBB’s profit plunges as US office loans sour
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German property bank PBB’s profit plunges as US office loans sour

By Tom Sims and Alexander Hübner FRANKFURT (Reuters) -Deutsche Pfandbriefbank (PBB), one of Germany’...

14th August, 2024

Image for Investors’ comments on global stocks rout
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Investors’ comments on global stocks rout

(Reuters) – Share markets around the world tumbled and bonds rallied on Monday as fears the United S...

5th August, 2024

Image for Intel shares set for record loss as turnaround struggle deepens
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Intel shares set for record loss as turnaround struggle deepens

(Reuters) -Intel was set to erase about $35 billion in stock market value on Friday in potentially i...

2nd August, 2024

Image for Olympics-Triathlon-France and Britain victorious in thrilling Paris races
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Olympics-Triathlon-France and Britain victorious in thrilling Paris races

By Helen Reid PARIS (Reuters) -France and Britain hogged the Olympic triathlon spotlight as Cassandr...

31st July, 2024

Image for Pfizer lifts profit forecast as investors await turnaround
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Pfizer lifts profit forecast as investors await turnaround

By Michael Erman and Bhanvi Satija (Reuters) – Pfizer raised its annual profit forecast on Tuesday,...

30th July, 2024

Image for NatWest first-half profit down 16% as mortgage competition bites
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NatWest first-half profit down 16% as mortgage competition bites

LONDON (Reuters) – NatWest’s first-half pretax operating profit fell by a less than expected 16% to...

26th July, 2024

Image for As losses mount, CrowdStrike says bug in quality-control process led to botched update
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As losses mount, CrowdStrike says bug in quality-control process led to botched update

By James Pearson LONDON (Reuters) -A software bug in CrowdStrike’s quality-control system caused the...

25th July, 2024

Image for Visa reports rare quarterly revenue miss, shares drop
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Visa reports rare quarterly revenue miss, shares drop

By Arasu Kannagi Basil (Reuters) -Visa’s third-quarter revenue growth fell short of Wall Street targ...

24th July, 2024

Image for Porsche cuts forecasts due to alloy shortage, shares fall
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Porsche cuts forecasts due to alloy shortage, shares fall

By Victoria Waldersee (Reuters) -Porsche AG cut its sales and profit outlook on Tuesday due to an un...

23rd July, 2024

Image for Lift maker Schindler’s orders slip in Q2, weighed by China
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Lift maker Schindler’s orders slip in Q2, weighed by China

By Louis van Boxel-Woolf and Bartosz Dabrowski (Reuters) -Swiss lift and escalator maker Schindler r...

19th July, 2024

Image for German 2025 budget draft has a 17 billion euros hole – sources
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German 2025 budget draft has a 17 billion euros hole – sources

By Maria Martinez, Holger Hansen and Christian Kraemer BERLIN (Reuters) -The German cabinet plans to...

15th July, 2024

Image for Factbox-European companies cut jobs as economy sputters
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Factbox-European companies cut jobs as economy sputters

(Reuters) – Elevated levels of inflation and the impact of the war in Ukraine have forced companies...

15th July, 2024