financial crisis

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Image for Covestro sees China lockdown blow in Q2, higher energy costs
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Covestro sees China lockdown blow in Q2, higher energy costs

(Reuters) – German chemicals maker Covestro expects COVID-19 lockdowns in China to significantly aff...

3rd May, 2022

Image for HSBC shares rise as markets warm up to break-up proposal by top shareholder
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HSBC shares rise as markets warm up to break-up proposal by top shareholder

By Anshuman Daga and Selena Li SINGAPORE/HONG KONG (Reuters) -Shares in HSBC Holdings gained on Tues...

3rd May, 2022

Image for Ukraine and Russia: What you need to know right now
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Ukraine and Russia: What you need to know right now

(Reuters) – In a major shift, Germany said it was prepared to back an immediate European Union embar...

2nd May, 2022

Image for Italy readies $7 billion package to curb energy prices, help firms
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Italy readies $7 billion package to curb energy prices, help firms

By Giuseppe Fonte ROME (Reuters) – Italy is set to unveil a new stimulus package on Monday worth up...

2nd May, 2022

Image for Goldman Sachs slashes credit exposure to Russia
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Goldman Sachs slashes credit exposure to Russia

(Reuters) -Goldman Sachs Group Inc reduced its total credit exposure to Russia to $260 million in Ma...

2nd May, 2022

Image for Analysis-Iran nuclear deal near death, but West not ready to pull plug
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Analysis-Iran nuclear deal near death, but West not ready to pull plug

By Arshad Mohammed, John Irish and Parisa Hafezi WASHINGTON/PARIS/DUBAI (Reuters) – Western official...

2nd May, 2022

Image for Vestas warns Ukraine war adds to strain on wind industry, shares plummet
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Vestas warns Ukraine war adds to strain on wind industry, shares plummet

COPENHAGEN (Reuters) -Wind turbine maker Vestas posted a deep first-quarter loss and slashed its 202...

2nd May, 2022

Image for EU ministers to set out on long road to complete banking union
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EU ministers to set out on long road to complete banking union

By Christian Kraemer and Jan Strupczewski BERLIN/BRUSSELS (Reuters) – European Union finance ministe...

29th April, 2022

Image for ‘Entry only. No exit:’ Beijing sees more COVID closures as anger grows in Shanghai
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‘Entry only. No exit:’ Beijing sees more COVID closures as anger grows in Shanghai

By Martin Quin Pollard and David Stanway BEIJING/SHANGHAI (Reuters) -China’s capital Beijing closed...

29th April, 2022

Image for Factbox – Companies count the cost of ditching Russia
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Factbox – Companies count the cost of ditching Russia

(Reuters) – Multinationals that announced their exit from Russia, or suspension of activities there,...

29th April, 2022

Image for Credit Suisse shareholders withhold management approval as ire grows
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Credit Suisse shareholders withhold management approval as ire grows

By Brenna Hughes Neghaiwi ZURICH (Reuters) -Credit Suisse shareholders on Friday rejected by a wide...

29th April, 2022

Image for Russia makes last-gasp dollar bond payments in bid to avoid default
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Russia makes last-gasp dollar bond payments in bid to avoid default

(Reuters) – Russia made what appeared to be a late u-turn to avoid a default on Friday, as it made a...

29th April, 2022