COPENHAGEN (Reuters) - Danske Bank lowered its outlook for 2019 after a disappointing first quarter, due in part to the effects of a massive money laundering scandal at its Estonian branch that has sent ripples across the Nordic banking sector.
(Reuters) - Britain's main index slipped on Tuesday as mining shares fell following weak data from China and restaurant group Whitbread and mining company Glencore dropped after issuing weak forecasts. FILE PHOTO: The London Stock Exchange Group ...
BRUSSELS (Reuters) - Euro zone economic growth was stronger than expected in the first quarter, rebounding strongly from a slump in the second half of 2018, while unemployment fell to its lowest rate in more than a decade, data showed on Tuesday.
General Electric's first-quarter earnings were better on both the top and bottom lines than what Wall Street expected as the company works to turn around and simplify its businesses. GE's industrial free cash flow in the quarter, a key metric that many analysts ...
LG Chem Ltd., the South Korean electric-car battery giant, sued local rival SK Innovation Co. in the U.S. for allegedly stealing trade secrets by poaching scores of highly knowledgeable employees. The lawsuits, filed with the U.S. International Trade ...
Editor's note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. It may have lost its original founding team, but the wheels are still rolling for embattled electric vehicle (EV) maker Faraday Future. The company ...
Australia's biggest banks are set for a "messy" earnings season as they grapple with a slumping housing market and the mounting costs of compensating customers for years of wrongdoing. With the banks selling assets -- including financial advice and wealth ...
One of the U.K.'s biggest supermarkets has opened a till-free store. All customers at the Sainsbury's convenience store, in Holborn Circus, London, will scan and pay for their shopping using an app that they download to their smartphone. As shoppers walk ...
Fiat Chrysler Automobiles NV is aiming to equip all of its vehicles with a new connected platform by 2022, partnering on the technology with Harman and Google. The connected-vehicle platform, slated to start rolling out on new vehicles later this year, ...
Sainsbury's was the only major supermarket chain to suffer a drop in sales over Easter, bucking the trend among its rivals, which reaped the benefits of the warm weather. The grocery chain's sales fell 1.2% in the three months to 21 April according to the latest ...
Australians paid Google $4.3 billion and Facebook $598 million for services in 2018, yet the search and social media giants paid corporate tax of only $49 million and $14 million respectively. In financial statements lodged on Tuesday that are set to reignite ...
CANBERRA, Australia (AP) — A major Australian media company announced on Tuesday it has agreed to sell 170 regional and rural newspapers for 115 million Australian dollars ($81 million). Nine Entertainment said it signed an agreement to sell the ...
Investors and analysts alike are losing faith that Argentina's policymakers have a clear plan to reduce the wild volatility that has roiled the country's financial assets in recent weeks, as the central bank introduces a fourth change in six weeks to its currency ...
LONDON, April 30 (Reuters) - Just Group said on Tuesday that Chief Executive Rodney Cook would step down with immediate effect to plan his retirement. Cook will remain with the company until June 30 to ensure a smooth transition process, it said in a ...
Failings by financial advisers operating under Westpac Banking Corp's licence have triggered a $510 million pre-tax provision and the bank has flagged compensation bills could rise even higher. Chief executive Brian Hartzer described the $357 million ...
Following the introduction of Dunkin's power breakfast sandwich that launched earlier this year, the ubiquitous doughnut and coffee chain has added two new, limited-edition items to its breakfast menu: the egg white bowl and the sausage scramble bowl.
Risk assets isn't offering much help to commodity currencies so far today but the aussie is the main mover after it got a nudge lower following weaker-than-expected Chinese PMI data for April earlier today. The details in the manufacturing print weren't too bad ...
An Indian official believes cryptos including Bitcoin are Ponzi schemes that the country's regulator should ban. That is despite the acceptance in Japan and other governments taxing the asset like any other commodity. Even so, Bitcoin (BTC) is under pressure ...
Owners of Bitcoin and other cryptocurrencies have been warned the Australian Tax Office has a new data matching program to ensure those trading in the digital asset are paying their fair share of tax. ATO deputy commissioner Will Day said data obtained ...
Silicon Valley is abuzz with Internet of Things (IoT), virtual reality (VR)/augmented reality (AR) and blockchain vendors seeking the Holy Grail of Retail: mass consumer markets where their technology can help fashion designers and retailers survive the "retail ...
Glasgow Airport has reopened after a security alert on board an Easyjet flight. All flights were suspended after the crew on the aircraft, which had just landed from Gatwick, raised the alarm at 10:25. BBC Scotland understands the incident was linked to a ...
Shares of Walmart (WMT - Get Report) were showing signs of recovery Monday after the company fired back at rival Amazon.com (AMZN - Get Report) about the giant online retailer's plans to launch one-day delivery for its Prime members. Walmart and Target ...
The next-generation 2020 Land Rover Defender has achieved a new test and development milestone, by completing the 1.2-million-kilometre test landmark. The British SUV manufacturer says that by the time the new Defender makes its public debut later this ...
Las Vegas: When the global leader of a leading multi-billion dollar technology company devotes a large portion of his keynote to cloud computing, especially in a digital world that is obsessed with the role of cutting-edge technologies like artificial intelligence ...
GFK Consumer Confidence Index found that consumer confidence remained negative, but stable, during April. // The index found two measures increased and three decreased last month. // Overall confidence remained stable but negative at -13 ...
NEW DELHI: Nifty futures on the Singapore Exchange were trading 44.50 points, or 0.38 per cent, lower at 11,825, indicating a negative start for the Nifty50. Here are a few stocks which may buzz the most in today's trade: Kotak Mahindra Bank, Ambuja ...
Jupiter continued to suffer net outflows in the first months of the year, but reported a slight rise in assets on the back of a better investment performance, adding to a clutch of results which hint that asset managers have put a torrid 2018 behind them. In its first ...
The European Commission announced it has accepted the commitments by Mastercard (MA) and Visa (V) to cut inter-regional interchange currency fees, in a legally binding pledge under European Union antitrust rules. The companies will significantly ...
May is National Skin Cancer Awareness Month, and according to data from the Skin Cancer Foundation, the number of new melanoma cases is expected to rise by nearly 8 percent in 2019. So this is a fitting time to discuss some of the most common mistakes ...
A slowdown in the national property market has delivered the Reserve Bank a chance to slice interest rates in the midst of the federal election campaign as evidence grows of deflationary pressures and consumers winding back their spending. As Opposition ...
(CNN) President Donald Trump, three of his children -- Donald Jr., Eric and Ivanka -- and his business are suing two banks to block them from turning over financial records to congressional committees that have issued subpoenas for the information.
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