financial crisis

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Image for Estonia’s pro-Kyiv government faces election test amid cost of living crisis
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Estonia’s pro-Kyiv government faces election test amid cost of living crisis

By Andrius Sytas KOHTLA-JARVE, Estonia (Reuters) – One of Europe’s most staunchly pro-Ukrainian gove...

3rd March, 2023

Image for Merck KGaA expects 2023 profit to slip as COVID demand wanes
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Merck KGaA expects 2023 profit to slip as COVID demand wanes

By Ludwig Burger FRANKFURT (Reuters) – Germany’s Merck KGaA on Thursday predicted 2023 earnings woul...

2nd March, 2023

Image for Covestro sees lower 2023 profit, cash flow as macro challenges prevail
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Covestro sees lower 2023 profit, cash flow as macro challenges prevail

By Bartosz Dabrowski and Andrey Sychev (Reuters) -German chemicals maker Covestro said on Thursday i...

2nd March, 2023

Image for Novavax shares sink premarket as going concern worries weigh
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Novavax shares sink premarket as going concern worries weigh

(Reuters) -Novavax Inc’s shares plunged more than 24% in U.S. premarket trading on Wednesday, a day...

1st March, 2023

Image for Grifols sees core earnings rising in 2023 after 2022 net profit grew 10%
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Grifols sees core earnings rising in 2023 after 2022 net profit grew 10%

By Joan Faus BARCELONA (Reuters) -Spanish pharmaceuticals company Grifols’ full-year net profit rose...

28th February, 2023

Image for TD, other banks reach $1.35 billion settlements to end Stanford litigation
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TD, other banks reach $1.35 billion settlements to end Stanford litigation

By Jonathan Stempel (Reuters) -Three banks agreed to pay $1.35 billion to resolve litigation by form...

28th February, 2023

Image for Financial Services marketing leaders share how they are navigating current challenges
Finance

Financial Services marketing leaders share how they are navigating current challenges

By Patrick Kampff, Strategy Director and Mick Smyth, Senior Strategist, Siegel+Gale Since the COVID-...

27th February, 2023

Image for German GDP contracted by 0.4% in the fourth quarter
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German GDP contracted by 0.4% in the fourth quarter

BERLIN (Reuters) -The German economy contracted at the end of the year, as inflation and the energy...

24th February, 2023

Image for Galois Capital flagship fund to close after FTX losses
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Galois Capital flagship fund to close after FTX losses

By Nell Mackenzie and Elizabeth Howcroft LONDON (Reuters) -Galois Capital hedge fund founder Kevin Z...

20th February, 2023

Image for Citi halted financing for Trafigura’s nickel deals in October – Bloomberg
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Citi halted financing for Trafigura’s nickel deals in October – Bloomberg

(Reuters) -Citigroup Inc stopped financing nickel deals for commodity trader Trafigura with companie...

14th February, 2023

Image for Coca-Cola HBC’s annual profit beats, warns of price increases
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Coca-Cola HBC’s annual profit beats, warns of price increases

By Radhika Anilkumar (Reuters) -Coca-Cola HBC AG on Tuesday reported better-than-expected full-year...

14th February, 2023

Image for Europe’s spend on energy crisis nears 800 billion euros
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Europe’s spend on energy crisis nears 800 billion euros

By Kate Abnett BRUSSELS (Reuters) – European countries’ bill to shield households and companies from...

13th February, 2023