Category Archives:
Credit Suisse Q3 net profit falls 21%, sees Q4 loss
ZURICH (Reuters) - Credit Suisse posted a 21% fall in third-quarter net profit to 434 million Swiss francs ($476 million), hit by a higher tax rate and a 214 million Swiss franc charge to settle alleg...
Nov 04, 2021
ING Bank Q3 earnings rise on fee income, lending margins
AMSTERDAM (Reuters) - ING Groep NV on Thursday reported better-than-expected third-quarter pretax profit of 1.92 billion euros ($2.22 billion), due to fee growth and better commercial lending margins,...
Nov 04, 2021
HeidelbergCement launches $579 savings programme after Q3 profit drop
FRANKFURT (Reuters) -HeidelbergCement, the world's No. 2 cement maker, launched a fresh 500 million euro ($579 million) savings programme to battle cost inflation, after higher energy costs caused a 1...
Nov 04, 2021
EBRD ups regional 2021 growth forecast to 5.5%, warns of inflation, pandemic bumps
By Karin Strohecker LONDON (Reuters) - The European Bank for Reconstruction and Development (EBRD) on Thursday lifted this year's growth forecast for the 37 countries in its region, but warned rising ...
Nov 04, 2021
EBRD sees Russian economy growing 3% in 2022, notes sanctions risk
MOSCOW (Reuters) - The Russian economy will grow 3.0% in 2022 after expanding 4.3% this year, the European Bank for Reconstruction and Development said on Thursday, pointing to geopolitical risks that...
Nov 04, 2021
SocGen beats expectations in Q3, raises provision guidance for 2021
PARIS (Reuters) - French bank Societe Generale on Thursday posted better-than-expected third-quarter earnings on higher revenue in its corporate and investment banking business and lower pandemic-rela...
Nov 04, 2021
Evonik Q3 core profit broadly in-line on increased demand, higher pricing
(Reuters) - German chemicals group Evonik Industries on Thursday reported adjusted core profit for the third quarter broadly in-line with analysts' estimates, citing increased demand across all of its...
Nov 04, 2021
BOJ Kuroda signals no mood to rush stimulus exit even as Fed tapers asset buying
By Tetsushi Kajimoto TOKYO (Reuters) - Bank of Japan (BOJ) Governor Haruhiko Kuroda on Thursday suggested his bank was in no mood to exit its massive monetary stimulus programme soon, speaking after t...
Nov 04, 2021
Japanese shippers reap quarterly profit bonanza amid supply chain chaos
By Aaron Sheldrick TOKYO (Reuters) - Nippon Yusen and Kawasaki Kisen Kaisha, Japan's biggest and third-biggest shipping companies by sales, reported record quarterly profits on Thursday as they benefi...
Nov 04, 2021
S.Africa’s MTN plans to offload shares in Nigeria business via public offer
(Reuters) - MTN Group plans to proceed with a public offer to sell up to 575 million shares in its Nigerian business, the South African telecoms operator said on Thursday as it reported a surge in thi...
Nov 04, 2021
Peoria, IL, USA
44 °F Light Rain, Mist
