Corona Virus

  • U.S. bank profits plunge 70% on coronavirus loss provisioning

    June 16, 2020 Read More...

    U.S. bank profits fell by 69.6% to $18.5 billion in the first quarter of 2020 from the year prior as banks felt the economic impact of the novel coronavirus pandemic, according to new data from a banking regulator. The Federal Deposit Insurance Corporation reported that “deteriorating economic activity” caused lenders to write off delinquent debt […]

Public News

  • Commerzbank CEO offers to resign to give bank a fresh start

    July 3, 2020 Read More...

    Commerzbank (CBKG.DE) Chief Executive Martin Zielke offered to resign on Friday to open the way for a fresh start for the German lender, which has been under pressure from some investors over its poor financial performance. The bank said its supervisory board would recommend to the broader Commerzbank board that it accept Zielke’s offer and […]

Sports

  • Virat-Rohit is India’s defining pair: Sangakkara

    June 3, 2020 Read More...

    Sangakkara also says players from bygone era didn’t have to constantly play three formats Every cricketing era has a “defining pair” which builds the narrative and the duo of Virat Kohli and Rohit Sharma is a special one for India in modern times, says Sri Lankan legend Kumar Sangakkara. Kohli and Rohit have aggregated nearly […]

Technology

Trending news

  • Oil drops 4% on China-U.S. tensions, energy demand doubts

    May 22, 2020 Read More...

    Oil prices tumbled about 4% on Friday on rising U.S.-China tensions and doubts about how quickly fuel demand would recover from the coronavirus crisis. Fuel demand plummeted as the coronavirus pandemic caused governments to impose restrictions on movement and businesses closed their doors. Oil has rallied in recent days on as activity starts to resume, […]