financial crisis

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Image for Fresenius cuts profit guidance again on slower recovery, rising costs
Finance

Fresenius cuts profit guidance again on slower recovery, rising costs

By Ludwig Burger and Riham Alkousaa (Reuters) – German healthcare group Fresenius has cut its 2022 g...

31st October, 2022

Image for Seoul crush hits storied Itaewon nightlife district on verge of renewal
Top Stories

Seoul crush hits storied Itaewon nightlife district on verge of renewal

By Ju-min Park, Hyonhee Shin and Soo-hyang Choi SEOUL (Reuters) -With “Hooker Hill” and snaking alle...

31st October, 2022

Image for Fresenius Medical cuts outlook on slower recovery, rising costs
Top Stories

Fresenius Medical cuts outlook on slower recovery, rising costs

BERLIN (Reuters) -Kidney dialysis provider Fresenius Medical Care (FMC) on Sunday revised down its f...

31st October, 2022

Image for NatWest shares plunge after warning on rising costs
Investing

NatWest shares plunge after warning on rising costs

By Iain Withers and Lawrence White LONDON (Reuters) -NatWest’s shares fell as much as 9% on Friday a...

28th October, 2022

Image for Energy crisis risks upending Europe’s key medicine supply chains – industry says
Top Stories

Energy crisis risks upending Europe’s key medicine supply chains – industry says

By Natalie Grover LONDON (Reuters) – Surging energy costs in Europe risk accelerating an exodus of c...

27th October, 2022

Image for Tech rout widens as Meta sinks after results
Technology

Tech rout widens as Meta sinks after results

(Reuters) -A carnage in U.S. technology stocks widened on Thursday as shares of Meta Platforms Inc s...

27th October, 2022

Image for Italy’s windfall tax on energy companies needs to be rewritten – PM
Top Stories

Italy’s windfall tax on energy companies needs to be rewritten – PM

ROME (Reuters) – Italy needs to rewrite its windfall tax on energy companies that have benefited fro...

27th October, 2022

Image for Heathrow Airport says return to pre-pandemic demand years away
Top Stories

Heathrow Airport says return to pre-pandemic demand years away

LONDON (Reuters) -Britain’s biggest airport Heathrow reported a nine-month loss of 442 million pound...

27th October, 2022

Image for Sainsbury’s tipped to trim profit forecast as UK shoppers struggle
Business

Sainsbury’s tipped to trim profit forecast as UK shoppers struggle

By James Davey LONDON (Reuters) – Sainsbury’s, Britain’s second biggest supermarket group, looks lik...

26th October, 2022

Image for Deutsche Bank reports big jump in profit despite slump in dealmaking
Banking

Deutsche Bank reports big jump in profit despite slump in dealmaking

By Tom Sims and Marta Orosz FRANKFURT (Reuters) – Deutsche Bank on Wednesday posted a better-than-ex...

26th October, 2022

Image for Sterling hits six-week high as Sunak mulls delay to Oct. 31 budget plan
Trading

Sterling hits six-week high as Sunak mulls delay to Oct. 31 budget plan

By Lucy Raitano LONDON (Reuters) – Sterling soared to six-week highs on Wednesday, as Britain’s new...

26th October, 2022

Image for Reckitt flags pressure on consumers as volumes decline
Business

Reckitt flags pressure on consumers as volumes decline

By Richa Naidu LONDON (Reuters) -Reckitt Benckiser, maker of Dettol cleaning products and Durex cond...

26th October, 2022