Europe's banks are bracing for a wave of defaults
Some of Europe's biggest banks are setting aside more cash to absorb potential losses on loans, as rising interest rates increase pressure on borrowers.
2023-07-28 00:27
UK retail sales slide at fastest pace in more than a year: CBI
LONDON British retail sales fell in July at the fastest rate since April 2022 and stores are bracing
2023-07-27 18:28
Iberdrola First Half Earnings Meet Estimates as Hydro Recovers
Spanish renewable energy giant Iberdrola SA reported first-half earnings that met analyst estimates, driven by the recovery of
2023-07-27 14:46
Higher interest rates depress UK commercial property, survey finds
By David Milliken LONDON Two thirds of property surveyors think Britain's commercial real estate market is in a
2023-07-27 07:22
UK car output rises for fifth straight month in June - SMMT
British car production rose for the fifth consecutive month in June compared to last year as pandemic-induced chip
2023-07-27 07:19
Brazil's finance minister expects interest to fall to 'at least' 12% by year-end
BRASILIA Brazil's Finance Minister Fernando Haddad said on Wednesday that he expects the basic interest rate to fall
2023-07-27 02:54
UK budget watchdog warned ex-finance minister Kwarteng about soaring borrowing
By Andy Bruce LONDON Britain's former finance minister Kwasi Kwarteng held back official warnings that borrowing was on
2023-07-26 20:29
Rogers Lifts Outlook on Shaw Deal, Canada Population Boom
Rogers Communications Inc. raised its outlook for the year, as Canada’s high immigration levels helped the company show
2023-07-26 19:46
Santander Brasil weighs on group results as Q2 net profit falls 45%
SAO PAULO (Reuters) -Brazilian lender Santander Brasil on Wednesday reported higher second-quarter net profit on a sequential basis but saw
2023-07-26 18:47
Santander Earnings Beat Estimates as Rates Boost Spain, Europe
Banco Santander SA’s earnings beat estimates as higher interest rates in Europe boosted revenue, offsetting the impact of
2023-07-26 13:21
Godwin Emefiele's downfall: How Nigeria's bank boss ended up in court
The once-powerful bank chief is charged with illegally owning a shotgun, which he denies.
2023-07-26 08:21
LVMH’s US Weakness Weighs on Sales as China Rebounds
LVMH’s US sales declined in the second quarter as a sluggish economy deterred some shoppers from buying its
2023-07-26 02:47