Losses narrow at Flipdish to €11.1m as firm cuts staff Pre-tax losses at Irish home-grown "tech unicorn" Flipdish reduced by 58.5% to €11.12m this year. Business • 16 Sep 24
Losses narrow at Flipdish to €11.1m as firm cuts staff Pre-tax losses at Irish home-grown "tech unicorn" Flipdish reduced by 58.5% to €11.12m this year. Business • 16 Sep 24
Evergrande's overdue results show losses of $81 billion China Evergrande Group, the world's most indebted property developer, posted a combined loss of $81 billion in 2021 and 2022 and a rise in total liabilities in its long overdue results. Business • 18 Jul 23
Evergrande's overdue results show losses of $81 billion China Evergrande Group, the world's most indebted property developer, posted a combined loss of $81 billion in 2021 and 2022 and a rise in total liabilities in its long overdue results. Business • 18 Jul 23
WeWork losses widen to $1.25 billion amid record growth The We Company, owner of WeWork, said its net losses in the third quarter more than doubled to $1.25 billion as the money-losing shared-office operator added a record number of desks to its global network. Business • 14 Nov 19
WeWork losses widen to $1.25 billion amid record growth The We Company, owner of WeWork, said its net losses in the third quarter more than doubled to $1.25 billion as the money-losing shared-office operator added a record number of desks to its global network. Business • 14 Nov 19
VW faces €9.2 billion investor suit over dieselgate sca Volkswagen faces a trial next week as investors seek €9.2 billion in compensation arguing that the carmaker should have informed shareholders about a diesel pollution scandal before regulators did in September 2015. Business • 07 Sep 18
VW faces €9.2 billion investor suit over dieselgate sca Volkswagen faces a trial next week as investors seek €9.2 billion in compensation arguing that the carmaker should have informed shareholders about a diesel pollution scandal before regulators did in September 2015. Business • 07 Sep 18
UK's Co-op bank posts annual loss of £477m Britain's Co-operative Bank has reported an annual loss for 2016 of £477m, a month after the struggling lender put itself up for sale after failing to meet regulatory capital requirements. Business • 13 Mar 17
UK's Co-op bank posts annual loss of £477m Britain's Co-operative Bank has reported an annual loss for 2016 of £477m, a month after the struggling lender put itself up for sale after failing to meet regulatory capital requirements. Business • 13 Mar 17
Monte dei Paschi posts €3.4 billion loss in 2016 Italian bank Monte dei Paschi di Siena, which is being bailed out by the government, booked a net loss of €3.38 billion for 2016 after setting aside more money to cover for bad loans. Business • 14 Feb 17
Monte dei Paschi posts €3.4 billion loss in 2016 Italian bank Monte dei Paschi di Siena, which is being bailed out by the government, booked a net loss of €3.38 billion for 2016 after setting aside more money to cover for bad loans. Business • 14 Feb 17
Commerzbank's Q3 loss smaller than expected Commerzbank has today posted a smaller-than-expected net loss for the third quarter, hit by restructuring costs and the impact of low interest rates coupled with weak loan demand from German companies. Business • 04 Nov 16
Commerzbank's Q3 loss smaller than expected Commerzbank has today posted a smaller-than-expected net loss for the third quarter, hit by restructuring costs and the impact of low interest rates coupled with weak loan demand from German companies. Business • 04 Nov 16
Yahoo reports weak results as sale looms Yahoo's quarterly earnings fell short of Wall Street expectations last night in what may be the company's last financial report before it sells its core business. Business • 19 Jul 16
Yahoo reports weak results as sale looms Yahoo's quarterly earnings fell short of Wall Street expectations last night in what may be the company's last financial report before it sells its core business. Business • 19 Jul 16
Toymaker Hornby announces turnaround plan Toymaker Hornby has said it would decrease its product lines by 40% and exit a majority of its concession agreements in the UK in a turnaround plan aimed at boosting its gross margins. Business • 22 Jun 16
Toymaker Hornby announces turnaround plan Toymaker Hornby has said it would decrease its product lines by 40% and exit a majority of its concession agreements in the UK in a turnaround plan aimed at boosting its gross margins. Business • 22 Jun 16
Examiner appointed to Debenhams Retail (lreland) The High Court has appointed an Interim Examiner to Debenhams Retail (Ireland), a wholly-owned subsidiary of Debenhams, following an application by the directors of the company. Business • 12 May 16
Examiner appointed to Debenhams Retail (lreland) The High Court has appointed an Interim Examiner to Debenhams Retail (Ireland), a wholly-owned subsidiary of Debenhams, following an application by the directors of the company. Business • 12 May 16
EasyJet reports half year loss of £24m EasyJet said strong demand for beach holidays was making up for a drop in travelling in the wake of recent attacks in Europe, and raised its dividend in a sign of its confidence. Business • 10 May 16
EasyJet reports half year loss of £24m EasyJet said strong demand for beach holidays was making up for a drop in travelling in the wake of recent attacks in Europe, and raised its dividend in a sign of its confidence. Business • 10 May 16
UK bank Metro Bank's Q1 loss narrows British lender Metro Bank said its first-quarter underlying loss after tax narrowed, driven by strong growth in residential mortgages and commercial lending. Business • 20 Apr 16
UK bank Metro Bank's Q1 loss narrows British lender Metro Bank said its first-quarter underlying loss after tax narrowed, driven by strong growth in residential mortgages and commercial lending. Business • 20 Apr 16
RBS reports eighth annual loss in a row Royal Bank of Scotland shares slumped to their lowest in over three years as the bank reported its eighth full-year loss in a row. Business • 26 Feb 16
RBS reports eighth annual loss in a row Royal Bank of Scotland shares slumped to their lowest in over three years as the bank reported its eighth full-year loss in a row. Business • 26 Feb 16
Standard Chartered profit plunges by 84% last year Profits at Standard Chartered plunged 84% last year, its worst result since 1998, as volatile markets, weak commodity prices and low interest rates took their toll. Business • 23 Feb 16
Standard Chartered profit plunges by 84% last year Profits at Standard Chartered plunged 84% last year, its worst result since 1998, as volatile markets, weak commodity prices and low interest rates took their toll. Business • 23 Feb 16
Credit Suisse posts its first loss since 2008 Credit Suisse has reported its first full-year loss since 2008 as it booked a big impairment charge for its investment banking business under new CEO Tidjane Thiam. Business • 04 Feb 16
Credit Suisse posts its first loss since 2008 Credit Suisse has reported its first full-year loss since 2008 as it booked a big impairment charge for its investment banking business under new CEO Tidjane Thiam. Business • 04 Feb 16
Electrolux eyes future after GE deal collapse Sweden's Electrolux skidded to a loss in the fourth quarter, impacted by the collapsed purchase of General Electric's white goods business. Business • 28 Jan 16
Electrolux eyes future after GE deal collapse Sweden's Electrolux skidded to a loss in the fourth quarter, impacted by the collapsed purchase of General Electric's white goods business. Business • 28 Jan 16
Deutsche Bank's investment bank slips to Q4 loss Deutsche Bank's chief executive John Cryan has urged investors to bear with him as he expects the overhaul of Germany's biggest lender to peak this year, following a record loss in 2015. Business • 28 Jan 16
Deutsche Bank's investment bank slips to Q4 loss Deutsche Bank's chief executive John Cryan has urged investors to bear with him as he expects the overhaul of Germany's biggest lender to peak this year, following a record loss in 2015. Business • 28 Jan 16
Barclays takes extra €750m forex provision Barclays has set aside an extra £750m for potential fines arising from allegations of manipulation in the foreign exchange market. Business • 03 Mar 15
Barclays takes extra €750m forex provision Barclays has set aside an extra £750m for potential fines arising from allegations of manipulation in the foreign exchange market. Business • 03 Mar 15
FBD Holdings' shares slump as it posts 2014 loss Shares in insurer FBD Holdings slumped in Dublin trade after it said that 2014 was the worst year for weather-related claims in its history. Business • 03 Mar 15
FBD Holdings' shares slump as it posts 2014 loss Shares in insurer FBD Holdings slumped in Dublin trade after it said that 2014 was the worst year for weather-related claims in its history. Business • 03 Mar 15
RBS reports loss of £3.5 billion for last year Royal Bank of Scotland reported another big annual loss today as it confirmed its chief executive is to forgo a £1m slice of his pay packet. Business • 26 Feb 15
RBS reports loss of £3.5 billion for last year Royal Bank of Scotland reported another big annual loss today as it confirmed its chief executive is to forgo a £1m slice of his pay packet. Business • 26 Feb 15
Bank of America posts $70m loss on legal costs Bank of America reported a $70m third-quarter loss following a $5.3 billion charge to settle mortgage securities litigation. Business • 15 Oct 14
Bank of America posts $70m loss on legal costs Bank of America reported a $70m third-quarter loss following a $5.3 billion charge to settle mortgage securities litigation. Business • 15 Oct 14
Permanent TSB eyes return to profits by 2017 Permanent TSB has reported an operating loss before exceptional items of €171m for the first half of its trading year. Business • 19 Aug 14
Permanent TSB eyes return to profits by 2017 Permanent TSB has reported an operating loss before exceptional items of €171m for the first half of its trading year. Business • 19 Aug 14
Standard Chartered's H1 net profit up 8.4% Standard Chartered's year-on-year profit for the first half of 2014 was up slightly at 8.4%. Business • 06 Aug 14
Standard Chartered's H1 net profit up 8.4% Standard Chartered's year-on-year profit for the first half of 2014 was up slightly at 8.4%. Business • 06 Aug 14
Portugal assures markets over financial system Portugal's government and central bank has assured investors that the country's financial system was sound, aiming to quell worry about the spill over effects of trouble at the Espirito Santo business empire. Business • 11 Jul 14
Portugal assures markets over financial system Portugal's government and central bank has assured investors that the country's financial system was sound, aiming to quell worry about the spill over effects of trouble at the Espirito Santo business empire. Business • 11 Jul 14
BlackBerry posts smaller than expected loss BlackBerry has today reported a smaller than expected first-quarter loss, as its cost cutting and other initiatives started to pay off. Business • 19 Jun 14
BlackBerry posts smaller than expected loss BlackBerry has today reported a smaller than expected first-quarter loss, as its cost cutting and other initiatives started to pay off. Business • 19 Jun 14
