Don't miss

Replay


LATEST SHOWS

FRENCH CONNECTIONS

Malbouffe: understanding junk food à la française

Read more

IN THE PAPERS

Lebanon repeals 'rape law', but activists say more is needed to protect women

Read more

BUSINESS DAILY

US business leaders abandon Trump after Charlottesville

Read more

IN THE PAPERS

'Why do French people smoke so much?'

Read more

MEDIAWATCH

Trump's 'unprecedented transgression'

Read more

EYE ON AFRICA

Kenya’s opposition leader to take poll dispute to Supreme Court

Read more

THE DEBATE

US racial tensions: How far should freedom of speech be stretched?

Read more

THE DEBATE

Burkina Faso attack: How to restore security in the Sahel region?

Read more

THE DEBATE

India and Pakistan mark 70 years of independence: Can the two countries ever reconcile?

Read more

Business

ING announces 793-million-euro Q1 loss

Latest update : 2009-05-13

The Dutch insurance company ING announced a net loss of 793 million euros in the first quarter, a massive drop compared to last year when the same firm registered a net profit of 1.54 billion euros.

AFP - Dutch banking and insurance group ING on Wednesday announced a 793-million-euro net loss for the first quarter, compared with a net profit of 1.54 billion euros in the same period last year.

Eight analysts questioned by Dow Jones Newswires had predicted an average net loss of 553 million euros (757 million dollars), though their forecasts ranged between losses of 21 million euros and 854 million euros.

Date created : 2009-05-13

COMMENT(S)