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 …
Read More »ECB stress tests on banks amid the coronavirus crisis
A sign of the Eurosystem’s monetary authority is located outside the headquarters of the European Central Bank. Bloomberg | Bloomberg | fake pictures Banks in the euro area could soon face difficulties if the current crisis deepens and erodes their capital positions, Andrea Enria, chairman of the European Central Bank’s …
Read More »European travel stocks sink into second wave fears
Shares in the European tourism sector sank on Monday morning when investors became anxious about a surge in coronavirus cases in the region. The top sixteen travel and leisure stocks in Europe fell more than 3% in the first hour of trading, with Tui, easyJet and International Airlines Group, the …
Read More »Ryanair Q1 2020 earnings
The passenger aircraft, operated by Ryanair Holdings, are on the runway at London Stansted Airport in Stansted, UK, on May 1, 2020. Chris Ratcliffe | Bloomberg | fake pictures Ryanair posted a net loss of 185 million euros ($ 216.4 million) during the first quarter of its 2021 fiscal year, …
Read More »security disputes should not pollute trade
The World Trade Organization is not responsible for disputes over security and other non-trade issues, Liam Fox, one of several candidates to be the new head of the WTO, told CNBC in an exclusive interview on Friday. The organization, created in 1995 to expand world trade beyond goods, has been …
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