Bank of Ireland took a €937 million charge in first half of the year for an expected spike in bad debts resulting from the coronavirus crisis, sending the group into a loss before tax of €669 million. The bank also warned in its interim report, published on …
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German insurer on Wednesday posted a 29% fall in net profit in the second quarter from a year earlier and shied away from updating its full-year profit guidance as the coronavirus pandemic slows business and clouds the outlook. Allianz is one of many …
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TOKYO, Aug 5 (Reuters) – Japanese shares retreated from a one-week high on Wednesday as downbeat earnings reports underscored the economic blow from the COVID-19 pandemic and a firmer yen weighed on exporters. The Nikkei index ended down …
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TOKYO (Reuters) – Oil prices rose on Wednesday after inventory data showed a big drop in U.S. crude stocks although gains were capped by concerns over fuel demand with mounting global COVID-19 cases. Crude oil storage tanks are seen in an aerial …
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NEW DELHI — In a moment of triumph that India’s Hindu nationalists had worked toward for years, Prime Minister Narendra Modi on Wednesday set the ceremonial cornerstone for a new Hindu temple at the site of a destroyed mosque in Ayodhya.
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