Tag Archives: Breaking News: Europe

UK GDP fell in the second quarter by a record 20.4%

A billboard displays official advice for testing and tracing coronavirus by the UK government. Mike Kemp | In PIctures via Getty Images The UK economy shrank by 20.4% in the second quarter of 2020, compared to the previous three months, as coronavirus-induced lockdowns hampered activity, according to preliminary figures released …

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Barclays Q2 2020 Earnings

A sign hangs above an entrance to a branch of Barclays Plc Bank in the City of London, UK Bloomberg | Bloomberg | fake pictures Barclays posted a net income of £ 695 million ($ 765.64 million) for the first half of 2020, while increasing its coronavirus-related provisions. The British …

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UBS earnings Q2 2020

Sergio Ermotti, CEO of UBS Group Stefan Wermuth | Bloomberg | fake pictures UBS announced a net profit of $ 1.23 billion for the second quarter of 2020, below 11% from the same period last year ($ 1.4 billion) when the coronavirus pandemic weighed on earnings. Analysts surveyed by the …

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EU leaders make progress on the region’s recovery fund

Dutch Prime Minister Mark Rutte watches alongside German Chancellor Angela Merkel, European Commission President Ursula von der Leyen, and French President Emmanuel Macron, before the start of the European Council building in Brussels, on July 18, 2020. Francisco Seco | AFP | fake pictures The 27 governments of the European …

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