Losses

BEIJING (Reuters) – China’s flagship carrier Air China Ltd posted record annual losses of 38.6 billion yuan ($5.61 billion)on Thursday as the country’s now-abandoned zero-COVID policy led to a plunge …

By Stephanie Kelly and Arathy Somasekhar NEW YORK (Reuters) – Oil producers, banks and hedge funds have increased purchases of put options to protect themselves from further losses, market sources …

LONDON (Reuters) – Rating agency S&P Global said on Thursday that the banks around the world that it provides credit scores for should be able handle “unrealized losses” from global …

By Nell Mackenzie and Elizabeth Howcroft LONDON (Reuters) -Galois Capital hedge fund founder Kevin Zhou said on Monday his flagship fund would close after “losing almost half” of the fund’s …

By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen warned county leaders on Tuesday that their residents could lose jobs and federal benefit payments if Congress allows the …

By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Russia’s VTB bank’s losses last year were due entirely to sanctions, CEO Andrei Kostin said on Tuesday, a rare acknowledgement that …

By Marc Jones LONDON (Reuters) – Central banks face mounting losses on the trillions of dollars of bonds they bought in the past 15 years of rolling crises, a paper …

LONDON (Reuters) – Former U.S. President Donald Trump’s two Scottish golf courses lost 4.4 million pounds ($5.44 million) in 2021, according to accounts released on Thursday, continuing a consistent run …

By Aluisio Alves SAO PAULO (Reuters) – Brazilian banks may start setting aside provisions for losses with retailer Americanas already in the fourth quarter of 2022, analysts say. Banks such …

By Saeed Azhar NEW YORK (Reuters) – Morgan Stanley is comfortable with its headcount after recent action to reduce jobs in December, Chief Financial Officer Sharon Yeshaya told Reuters on …

LOS ANGELES (Reuters) – FedEx’s plan to slash almost $4 billion in expenses has begun sheltering profits, but analysts say the uncertain economy points to the need for more surgical …

(Reuters) – Wall Street’s main stock indexes extended losses on Friday as fears of a looming recession, sparked by the Federal Reserve’s relentless battle against inflation, hammered sentiment. The Dow …

By Laura Sanicola (Reuters) – U.S. oil refiner PBF Energy is closing out one of the best financial years in its history, a wild bounce back from the brink in …

          LOS ANGELES – A San Bernardino County woman has pleaded guilty to a federal criminal charge for her involvement in an investment fraud scheme that caused more than $2.6 …

By Lananh Nguyen, Saeed Azhar and Shankar Ramakrishnan NEW YORK (Reuters) -Some of the banks that lent Elon Musk $13 billion to buy Twitter are preparing to book losses on …

TOKYO (Reuters) – Nomura Holdings Inc’s U.S. wholesale business has emerged as a profit driver despite some large one-off losses in the region that had dragged down the bank’s earnings …

NEW YORK (Reuters) – The U.S. dollar extended its losses against the euro and the yen on Wednesday, after minutes released from the Federal Reserve’s November meeting showed a “substantial …

DUBLIN (Reuters) – Irish consumer sentiment dipped slightly in November as people grew concerned about job losses in the country’s tech sector, a survey showed on Monday. The Credit Union …

FRESNO, Calif. — Miguel Leyva, 35, and Karina Gutierrez, 32, both of Wasco, were arrested today after a federal grand jury indicted them for conspiracy, bank fraud, access device fraud, …

LONDON (Reuters) – Britain’s government could end up paying 133 billion pounds ($157 billion) to the Bank of England over six years to finance its quantitative easing (QE) programme, official …

Don’t Blame Trump For Midterm Losses, JD Vance Says Harold Hutchison on November 14, 2022 Republican Sen.-elect J.D. Vance of Ohio claimed structural problems, not former President Donald Trump, were …

          LOS ANGELES – A Clarkston, Michigan man was sentenced today to 42 months in federal prison for his role in a series of “SIM swapping” schemes that allowed him …

PARIS (Reuters) -French nuclear power group EDF is expecting a hit of around 32 billion euro ($32.18 billion) to its full-year core earnings from lower nuclear production, a bigger loss …

By David Shepardson WASHINGTON (Reuters) – Boeing said Wednesday the company would take a new $766 million charge on its 2018 billion contract to build two new U.S. presidential airplanes …

By Francesco Canepa FRANKFURT (Reuters) – For more than a decade since the global financial crisis, central bankers pumped trillions of dollars of cheap money into the financial system to …