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Services news

Metro Bank reports a significant increase in bad loans as Coronavirus wreaks havoc
26th May
  • Metro Bank reports a significant increase in bad loans as Coronavirus wreaks havoc.
  • CFO David Arden says the bank is open to assets sale to shore up finances amidst COVID-19.
  • The UK retail and commercial bank reports a £77 million increase in total deposits in Q1.

Latest Services news

22nd May
United Utilities reports a 9% increase in underlying full-year operating profit
21st May
Expedia sees an unprecedented 545% increase in adjusted net loss in Q1
21st May
Aviva reports a 28% increase in new sales in Q1 on bulk annuities
20th May
Lufthansa says hundreds of its aeroplanes will remain grounded until 2022 due to COVID-19
20th May
Experian forecasts a 5% to 10% decline in Q1 organic revenue due to Coronavirus restrictions
19th May
Baidu tops analysts’ estimates for earnings and revenue in the first quarter
19th May
Telecom Italia reports a 7.5% decline in organic earnings on Coronavirus restrictions
19th May
Vroom files for an initial public offering in the U.S after seven years of operations
19th May
Compass Group launches a £2 billion share offer as Coronavirus weighs on performance
18th May
Enel’s new board of directors reappoints Francesco Starace as chief executive
16th May
Amazon to send an appropriate executive in place of Jeff Bezos to testify to the U.S Congress
15th May
Apple Inc. acquires California-based virtual reality startup NextVR
15th May
Mediaset reports a 47% decline in its operating profit in the first quarter
15th May
William Hill reports a 57% decline in total net revenue as Coronavirus cancels sports events
15th May
BT Group to sell its stake in its wholly-owned network subsidiary Openreach
14th May
SmileDirectClub’s net loss widens in Q1 as Coronavirus weighs on performance
14th May
Deutsche Telekom maintains guidance for 2020 on upbeat Q1 earnings report
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