Category: Reuters

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JPMorgan to launch digital bank Chase in Britain next week

JPMorgan to launch digital bank Chase in Britain next week

JPMorgan to launch digital bank Chase in Britain next week Workers are reflected in the windows of the Canary Wharf offices of JP Morgan in London September 19, 2013. REUTERS/Neil Hall/File Photo LONDON, Sept 17 (Reuters) – JPMorgan (JPM.N) is set to launch its big assault on British high street banks and online lenders from...

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Commerzbank aims for “net zero” credit and investment portfolio by 2050

Commerzbank aims for “net zero” credit and investment portfolio by 2050

Commerzbank aims for "net zero" credit and investment portfolio by 2050 A company logo is pictured at the headquarters of Germany’s Commerzbank AG in Frankfurt, Germany, February 13, 2020. REUTERS/Ralph Orlowski/File Photo FRANKFURT, Sept 17 (Reuters) – Commerzbank (CBKG.DE) said on Friday that its credit and investment portfolio would be “net zero” for carbon emissions...

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Aegean Airlines shrinks loss in second quarter, sales jump

Aegean Airlines shrinks loss in second quarter, sales jump

Aegean Airlines shrinks loss in second quarter, sales jump An Aegean Airlines Airbus A320-200 aircraft takes off from the Eleftherios Venizelos International Airport in Athens, Greece, May 16, 2016. REUTERS/Alkis Konstantinidis/File Photo ATHENS, Sept 17 (Reuters) – Aegean Airlines (AGNr.AT) on Friday posted a smaller second-quarter loss that a year earlier as Greece’s largest carrier...

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Ford wakes up badly burnt from its India dream

Ford wakes up badly burnt from its India dream

Ford wakes up badly burnt from its India dream NEW DELHI, Sept 17 (Reuters) – When Ford Motor Co (F.N) built its first factory in India in the mid-1990s, U.S. carmakers believed they were buying into a boom – the next China. The economy had been liberalised in 1991, the government was welcoming investors, and...

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Marketmind: Evergrande worries? Not really

Marketmind: Evergrande worries? Not really

Marketmind: Evergrande worries? Not really The China Evergrande Centre is seen in Hong Kong, China. August 25, 2021. REUTERS/Tyrone Siu/Files A look at the day ahead from Tommy Wilkes. The troubles of over-indebted property giant China Evergrande may have been brewing for a long time but the muted reaction in markets internationally to the dramatic...

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UK retail sales fall unexpectedly in August – ONS

UK retail sales fall unexpectedly in August – ONS

UK retail sales fall unexpectedly in August - ONS People shop in the Selfridges department store on Oxford street, as the coronavirus disease (COVID-19) restrictions ease, in London, Britain April 12, 2021. REUTERS/Henry Nicholls/File Photo LONDON, Sept 17 (Reuters) – British retail sales unexpectedly fell again last month in what is now a record streak...

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Supply fears lead EU vaccine industry to seek home comforts

Supply fears lead EU vaccine industry to seek home comforts

Supply fears lead EU vaccine industry to seek home comforts An employee of the drugs and chemicals group Merck KGaA waits in line in front of a vaccination centre at Merck’s plant in Darmstadt, Germany, May 4, 2021, as Germany started projects involving company doctors helping in the state’s vaccination campaign against the coronavirus disease...

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Malaysia's Top Glove quarterly earnings plunge 48% on slower sales

Malaysia's Top Glove quarterly earnings plunge 48% on slower sales

Malaysia's Top Glove quarterly earnings plunge 48% on slower sales A worker leaves a Top Glove factory after his shift in Klang, Malaysia Dec. 7, 2020. REUTERS/Lim Huey Teng/File Photo KUALA LUMPUR, Sept 17 (Reuters) – Malaysia’s Top Glove Corp Bhd (TPGC.KL) posted on Friday a 48% drop in its fourth-quarter earnings as the steady...

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Pandemic-hit Qantas weighs new pay structure to keep key executives

Pandemic-hit Qantas weighs new pay structure to keep key executives

Pandemic-hit Qantas weighs new pay structure to keep key executives A crew member walks from a Qantas plane at a domestic terminal at Sydney Airport in Sydney, Australia, November 16, 2020. REUTERS/Loren Elliott/File Photo GLOBAL BUSINESS WEEK AHEAD Executives have had pay freeze, no annual bonuses Growing industries trying to poach Qantas staff Will reward...