Tag: risk of recession
US bank Wells Fargo with profit slump
Wells Fargo store in New York The US bank reacted to the increased risk of recession with high provisions. The measures are depressing the quarterly result. (Photo: dpa) san francisco…
Parity with the dollar is imminent
dollars and euros The European single currency has fallen to its lowest level in 20 years against the dollar. (Photo: Reuters) Dusseldorf, Frankfurt Parity between the euro and the dollar…