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...It has also enlisted accounting advisory group Alvarez & Marsal to advise on a possible sale of one or more of its business lines....
...Here’s the rest of the day’s news Five more stories in the news 1....
...The index has dropped almost 17 per cent so far this year....
...Before the pandemic, about 1.2m women, or 17 per cent of the female workforce, were employed in domestic work....
...Rating agency Fitch has forecast anaemic GDP growth of 0.8 per cent for Turkey this year, while it expects South Africa’s GDP to fall by 3.8 per cent and Russia’s by 1.4 per cent....
...After the bloc’s unemployment rate hit a 12-year low of 6.4 per cent in March, it then only inched up to 6.7 per cent in May....
...Q1 saw a €1.9bn proforma net debt increase (pre IFRS 16), similar to last year, and FY leverage guidance is reduced from €1.8-2.1bn to €1.4-1.7bn due to lower asset financing (and will drop further post...
...The results sent shares up more than 4 per cent....
...The S&P 500 slid 3.9 per cent this week while the Dow, with behemoths including Apple, ExxonMobil and Walt Disney, dropped 4.1 per cent....
...rates reduced loan costs In continental Europe, underlying attributable profits rose almost 10 per cent year on year to €750m, and the bank’s non-performing loans ratio fell from 5.37 per cent in June to 4.24...
...To phase an investment, you could either split your whole allowance into 12 chunks of about £1,666 per month, or divide whatever you want to invest into quarterly or monthly amounts....
...The metal was up $4 at $1,290 an ounce, after swinging between $1,286 and $1,294 on Friday, and $6 higher over the week....
...A year of elections Feb 4 Costa Rican conservative Fabricio Alvarado Munoz won 25% of the first-round vote, against Carlos Alvarado Quesada’s 22% and they go to the second round Apr 1 Second round in...
...Jeff Koons’s “Jim Beam — Observation Car” (1986) sold at Christie’s for £545,000 ($666,000), having been bought for $1.6m in 2013, while a Damien Hirst spin-skull painting that sold at his landmark Beautiful...
...In North America, its largest market by a stretch, the company posted a 2 per cent fall in shipments to 666,000 in the second quarter, though profits rose 4 per cent to €1.4bn because of sales of higher-margin...
...down -258.32 (-1.41%) at 18,067 Nasdaq down -56.63 (-1.09%) at 5,155 European markets Eurofirst 300 down -13.85 (-1.03%) at 1,333 FTSE100 down -35.27 (-0.53%) at 6,666 CAC 40 down -52.62 (-1.19%) at 4,387...
...up +51.23 (+0.28%) at 18,042 Nasdaq down -25.14 (-0.51%) at 4,863 European markets Eurofirst 300 up +3.71 (+0.27%) at 1,371 FTSE100 up +35.39 (+0.56%) at 6,320 CAC 40 unchanged 0.00 (0.00%) at 4,559 Dax...
...The index closed 1 per cent lower, down 57.17 points at 5,632.19....
...The bank’s shares had closed the day down 4.4 per cent, cutting its valuation to a three-year low of 0.88 times net assets....
...Ranking 1. Muhtar Kent Chairman and CEO, The Coca-Cola Company 2. Manjit Wolstenholme Chairman, Provident Financial 3. Albert Cheng Chief operating officer, Amazon Studios 4....
...An object I would never part with is my dad’s 1929 Riley 9 Mark 4 tourer. My father was an engineer and a total Riley enthusiast....
...Gross value added was only £17,573 on average for people in Northern Ireland....
...The larger Spanish market was down 1.4 per cent on the day. The bank’s overall percentage of non-performing loans compared with total lending fell to 4.64 per cent from 5.45 per cent a year ago....
...According to the OECD, it rose 5.4 per cent between 2012 and 2014, reaching $17,710, up from $4,541 in 1980....
...Markets Asian markets Nikkei 225 up +93.70 (+0.46%) at 20,614 Topix up +6.02 (+0.36%) at 1,666 Hang Seng up +67.09 (+0.27%) at 24,473 US markets DJIA down -47.51 (-0.27%) at 17,551 Nasdaq down -9.84 (...
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