financial crisis

Image for European retailers downbeat despite Black Friday boost
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European retailers downbeat despite Black Friday boost

By Maria Sheahan, Toby Sterling and Alvise Armellini BERLIN/AMSTERDAM/MILAN (Reuters) -Europeans sna...

29th November, 2022

Image for Cost-of-living crisis casts shadow over Europe’s Black Friday
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Cost-of-living crisis casts shadow over Europe’s Black Friday

By James Davey LONDON (Reuters) -Europe’s retailers are hoping Black Friday discount day will get sh...

25th November, 2022

Image for Exclusive: Foxconn woes could hit at least 30% of iPhone Nov shipments from China plant – source
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Exclusive: Foxconn woes could hit at least 30% of iPhone Nov shipments from China plant – source

TAIPEI (Reuters) – Production of Apple Inc’s iPhones could slump by at least 30% at Foxconn’s factor...

25th November, 2022

Image for UK motor and home insurers headed for heavy losses, EY warns
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UK motor and home insurers headed for heavy losses, EY warns

(Reuters) – British motor and home insurers are set for significant losses in 2022 and 2023 due to i...

25th November, 2022

Image for Credit Suisse offers 889 million shares to existing investors in $4 billion capital hike
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Credit Suisse offers 889 million shares to existing investors in $4 billion capital hike

ZURICH (Reuters) -Credit Suisse has made 889 million new shares available to existing investors at 2...

25th November, 2022

Image for Italy’s A2A trims green investment plan citing economy, volatile markets
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Italy’s A2A trims green investment plan citing economy, volatile markets

(Reuters) -Italy’s largest regional utility A2A on Tuesday scaled back its investments aimed at redu...

23rd November, 2022

Image for Zoom shares down 90% from peak as pandemic boom fades
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Zoom shares down 90% from peak as pandemic boom fades

By Aditya Soni and Chavi Mehta (Reuters) – Shares of Zoom Video Communications Inc have tumbled abou...

22nd November, 2022

Image for Exclusive-Bankman-Fried’s FTX, parents bought Bahamas property worth $121 million
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Exclusive-Bankman-Fried’s FTX, parents bought Bahamas property worth $121 million

By Koh Gui Qing NEW PROVIDENCE, Bahamas (Reuters) – Sam Bankman-Fried’s FTX, his parents and senior...

22nd November, 2022

Image for Younger Chinese are spurning factory jobs that power the economy
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Younger Chinese are spurning factory jobs that power the economy

By David Kirton SHENZHEN (Reuters) – Growing up in a Chinese village, Julian Zhu only saw his father...

21st November, 2022

Image for Collapsed FTX owes nearly $3.1 billion to top 50 creditors
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Collapsed FTX owes nearly $3.1 billion to top 50 creditors

(Reuters) -Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, said i...

21st November, 2022

Image for Why we’re all in this together – including the boss
Business

Why we’re all in this together – including the boss

By Phil Worms Amid the ceaseless barrage of media noise over the cost-of-living crisis, rocketing fu...

18th November, 2022

Image for As recession bites, Tesco offers UK staff pay advance
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As recession bites, Tesco offers UK staff pay advance

By James Davey and Sarah Young LONDON (Reuters) – Tesco, one of Britain’s largest private-sector emp...

18th November, 2022