Category: Finance News

Nov 5

Spanish banks 'face asset quality slump’ in 2021

Leading Spanish banks reported a slight recovery in third quarter domestic earnings compared to the second quarter as net fees and interest income rose, boosted by larger loan and fixed income books. However, new restrictions that have been imposed in Spain to fight the second wave of Covid-19 are likely to increase loan loss provisions […]
Nov 5

Europe Markets: European stocks advance for second day on possibility of divided U.S. government

ATLANTA, GA – NOVEMBER 04: Members of an adjudication review panel look over scanned absentee ballots at the Fulton County Election Preparation Center on November 4, 2020 in Atlanta, Georgia. Jessica McGowan/Getty Images European stocks advanced Thursday, extending gains as traders reacted to the possibility of a dividend U.S. government. Up 2% on Wednesday, the […]
Nov 5

: Cruises can start a phased reopening — but be ready for shorter voyages, multiple COVID tests and no more buffets

Tourists wearing protective face masks disembark from a cruise boat in Corsica. The CDC has outlined the steps cruise lines must take to resume operations out of American ports. Photo by PASCAL POCHARD-CASABIANCA/AFP via Getty Images Public-health officials have given cruise lines the green light to begin a phased reopening in the U.S. following months […]
Nov 4

Tom Ridge calls Trump's attempt to falsely claim victory 'un-American'

Former Pennsylvania Gov. Tom Ridge, a Republican, said Wednesday that President Trump’s attempts to stop votes from being counted in Pennsylvania and Michigan are “un-American” and “wrong.” “I’m grateful and truly grateful that so many Republicans, so many conservative Republicans, have repudiated his remarks as being inappropriate — I’ll say un-American — because to a […]
Nov 4

His hopes of winning growing dim, Trump looks to halt vote counting in Pennsylvania

As President Trump’s reelection prospects continued to dim on Wednesday, his campaign launched an aggressive yet questionable strategy to keep Joe Biden from winning the state of Pennsylvania. Trump’s campaign announced on Wednesday afternoon that it was suing to prevent the state from proceeding with tallying ballots there “to stop Democratic election officials from hiding […]