FILE PHOTO: The sun sets over snow-covered field as seen from a train heading to the coal city of Hegang, in Heilongjiang province, northeast China January 1, 2020. REUTERS/Ryan Woo
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Barclays says it is ‘very unlikely’ to meet profit goal amid virus outbreak
LONDON (Reuters) – Barclays <BARC.L> is ‘very very unlikely’ to meet its goal of a 10% return on equity this year given the impact on its business of the coronavirus pandemic, its Chief Financial Officer Tushar Morzaria said on Tuesday. Profits will be hit by a buildup of bad loan provisions as corporate borrowers suffer […]
Russian and Chinese weapons found in huge cache in Middle East
US Navy show illicit weapons interdicted by missile cruiser When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any […]