TOPNWS
A company logo is pictured at the headquarters of Germany’s Commerzbank AG in Frankfurt, Germany, February 13, 2020. REUTERS/Ralph Orlowski Register now for FREE unlimited access to Reuters.com Register Bank still expects full-year profit Provisions related to Swiss franc mortgage loans FRANKFURT, Jan 21 (Reuters) – Commerzbank (CBKG.DE) on Friday said its fourth-quarter earnings would […]
The ByteDance logo is seen in this illustration taken, Nov. 27, 2019. REUTERS/Dado Ruvic/Illustration BEIJING, Jan 19 (Reuters) – ByteDance, the owner of short video app TikTok, announced on Wednesday that it was overhauling its strategic investment team after its business analysis earlier this month highlighted investments with “low synergies”. ByteDance will disband its group-level […]
SINGAPORE, Jan 17 (Reuters) – Credit Suisse (CSGN.S) Chairman Antonio Horta-Osorio, who was being investigated by the Swiss bank’s board for breaching COVID-19 quarantine rules, has quit with immediate effect and board member Axel Lehmann has taken over the role. “I regret that a number of my personal actions have led to difficulties for the […]
The logo of Citi bank is pictured at an exhibition hall in Bangkok, Thailand, May 12, 2016. REUTERS/Athit Perawongmetha Register now for FREE unlimited access to Reuters.com Register Jan 14 (Reuters) – Citigroup Inc (C.N) on Friday posted a 26% drop in fourth-quarter profit but exceeded market expectations as strong gains in its investment banking […]
Telecom firms in ‘crisis management mode’, says minister Economic crash has hammered currency, crippled power grid Diesel generators now needed to keep mobiles running Political deadlock means state-run firms can’t hike prices BEIRUT, Jan 12 (Reuters) – Lebanon’s telecom duopoly, once cash cows for the state, used to allocate most of their spending on wages, […]
Chinese 100 yuan banknotes are seen in a counting machine while a clerk counts them at a branch of a commercial bank in Beijing, China, March 30, 2016. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register Dec new loans seen at 1.25 trln yuan vs 1.27 trln yuan in Nov Dec money […]