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Deutsche Bank warns virus may ‘materially’ impact targets
FRANKFURT (Reuters) – Deutsche Bank <DBKGn.DE> said on Friday that the impact of the coronavirus outbreak may affect the lender’s ability to meet its financial targets as the fragile bank undergoes a major revamp after years of losses. The warning is the first time that Germany’s largest lender has sounded the alarm on the outbreak, […]
Current U.S. earnings season points to growth, defying expectations
By Caroline Valetkevitch NEW YORK (Reuters) – Earnings for S&P 500 <.SPX> companies are seen increasing for the fourth quarter over a year earlier, according to IBES data from Refinitiv. Earnings for the quarter are now expected to have risen 0.7% from the year-ago quarter, based on results from 193 S&P 500 companies and estimates […]
Many reported dead in Thailand bus-train collision
At least 17 passengers were killed and more than dozen injured on Sunday when a bus collided with a train in Thailand, officials said. The bus passengers were on their way to a temple in Cha Choeng Sao province – two hours from the capital Bangkok – for a ceremony to mark the end of […]