European banks’ commercial real estate exposures ‘visibly deteriorating,’ ECB finds
BANKS in the euro region have about 1.3 trillion euros (US$1.4 billion) in outstanding loans to commercial real estate investors and…
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BANKS in the euro region have about 1.3 trillion euros (US$1.4 billion) in outstanding loans to commercial real estate investors and…
Michelin factory workers burnt tyres in western France on Tuesday and vowed to stage a strike after the tyre company said it would close…
An "incredibly rare" female baby hippopotamus has been born at Edinburgh Zoo. The tiny endangered pygmy hippo calf, named Haggis, arrived…
FERRARI said on Tuesday (Nov 5) its core earnings rose 7 per cent in the third quarter, despite a slight decrease in car shipments, as the…
YUM Brands reported a surprise fall in worldwide same-store sales on Tuesday (Nov 5) as its KFC chain grapples with sluggish demand in the…
Suzuki Motor has launched its first mass-produced battery electric vehicle (EV), the e VITARA, marking a key milestone in its entry into…
APOLLO Global Management’s push to target wealthy individuals helped boost the firm’s assets under management to US$733 billion, a 16 per…
RESTAURANT Brands missed estimates for quarterly revenue on Tuesday (Nov 5) due to weak demand across key businesses such as Tim Hortons,…
THOMSON Reuters on Tuesday (Nov 5) reported higher than expected third-quarter revenue as it continued to invest in generative AI. The…
INVESTIGATORS searched the offices of US streaming giant Netflix in France and the Netherlands as part of a preliminary investigation into…
SANTA Claus is not delivering as many Christmas trees, toys and decorations to the US this year as in recent years, import data shows,…
In a small rural community in Tamil Nadu, villagers gather to offer prayers for Kamala Harris, the U.S. vice president who they see as a…
It’s finally over. All but the shouting, vote-counting, finger-pointing, legal wrangling, possible rioting and attempted overthrowing —…
Their deaths have fueled the notion that 27 is a lethal age for musicians and other notable artists. Amy Winehouse, the iconoclastic…
A broad swath of the California electorate is expected to cast ballots in this election, although some voters are concerned about the…
WASHINGTON — Mykel Dicus, 54, is finished with the United States. In September, the Hayward, Calif., resident toured Spain with a company…
It is election day, at last. Millions of Americans will cast their ballots Tuesday for Vice President Kamala Harris or former President…
Schaeffler will cut about 4,700 jobs in Europe and close two sites as a deepening slump at Volkswagen and other German carmakers ripples…
The destruction wreaked by Spain's deadliest floods in a generation in one of the country's economic motors will leave a huge bill for the…
MAINLAND China stocks closed at a four-week high on Tuesday (Nov 5), after Chinese Premier Li Qiang expressed confidence in the country’s…
SINGAPORE container carrier Pacific International Lines (PIL) is accelerating the renewal of its fleet with an order for another five…
TESLA has raised the wages of all employees at its German gigafactory outside Berlin by 4 per cent since the start of November, the US…
AIRCRAFT maintenance provider SIA Engineering (SIAEC) on Tuesday (Nov 5) reported a net profit of S$35.6 million for the quarter ended Sep…
Help was called to remove a python from a house's toilet days after a different snake had already been taken away. Snake handler Drew…