financial crisis

Image for Ryanair hails ‘very strong’ recovery with record summer profit
Investing

Ryanair hails ‘very strong’ recovery with record summer profit

By Conor Humphries DUBLIN (Reuters) – Ryanair on Monday posted its largest ever profit for its key s...

7th November, 2022

Image for Analysis-Twitter’s ‘massive’ revenue drop adds to heavy debt burden
Investing

Analysis-Twitter’s ‘massive’ revenue drop adds to heavy debt burden

By Matt Tracy NEW YORK (Reuters) – Elon Musk’s revelation that Twitter has suffered a “massive” reve...

7th November, 2022

Image for Sterling rises but gloomy economic outlook remains in focus
Trading

Sterling rises but gloomy economic outlook remains in focus

LONDON (Reuters) – Sterling rose on Monday, largely boosted by a softer dollar, which pushed the pou...

7th November, 2022

Image for At COP27, climate ‘loss and damage’ funding makes it on the table
Top Stories

At COP27, climate ‘loss and damage’ funding makes it on the table

By Laurie Goering SHARM EL-SHEIKH, Egypt (Thomson Reuters Foundation) – Warned that mounting economi...

7th November, 2022

Image for In U.S. midterm elections, rising rents stir up tenants
Top Stories

In U.S. midterm elections, rising rents stir up tenants

By Carey L. Biron WASHINGTON (Thomson Reuters Foundation) – Weeks before the U.S. midterm elections,...

7th November, 2022

Image for German industry calls for delay to global minimum tax – BDI
Top Stories

German industry calls for delay to global minimum tax – BDI

BERLIN (Reuters) – German industry has called for a delay to a global minimum corporate tax by at le...

7th November, 2022

Image for Facebook parent Meta is preparing large-scale layoffs this week – WSJ
Top Stories

Facebook parent Meta is preparing large-scale layoffs this week – WSJ

(Reuters) – Meta Platforms Inc is planning to begin large-scale layoffs this week that will affect t...

7th November, 2022

Image for Analysis-Bank of England’s recession warning turns spotlight to UK budget plan
Finance

Analysis-Bank of England’s recession warning turns spotlight to UK budget plan

By William Schomberg LONDON (Reuters) – The risk of a two-year recession in Britain, flagged this we...

4th November, 2022

Image for Twitter temporarily closes offices as layoffs begin
Business

Twitter temporarily closes offices as layoffs begin

By Sheila Dang, Katie Paul and Martin Coulter (Reuters) -Twitter Inc temporarily closed its offices...

4th November, 2022

Image for Inter IKEA posts 45% profit fall on costs, Russia
Business

Inter IKEA posts 45% profit fall on costs, Russia

STOCKHOLM (Reuters) – IKEA franchiser Inter IKEA posted a 45% fall in pre-tax profit for the year th...

3rd November, 2022

Image for Britain’s Rolls-Royce sticks to guidance despite inflation headwinds
Top Stories

Britain’s Rolls-Royce sticks to guidance despite inflation headwinds

By Sarah Young LONDON (Reuters) -British engineering company Rolls-Royce stuck to its forecasts for...

3rd November, 2022

Image for Russian retail sales fall deeper, jobless rate rises in Sept – data
Top Stories

Russian retail sales fall deeper, jobless rate rises in Sept – data

MOSCOW (Reuters) – Russian retail sales fell deeper and the jobless rate slightly increased in Septe...

3rd November, 2022