Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Regional troops gather at Gambian border amid political standoff

Read more

MEDIAWATCH

Online reactions to Valls being slapped in face in Brittany

Read more

BUSINESS DAILY

Davos 2017: "Donald Trump could be the entrepreneurs' entrepreneur"

Read more

THE DEBATE

Hard Brexit, here we come: The blowback against globalisation (part 2)

Read more

THE DEBATE

Hard Brexit, here we come: UK to leave EU common market (part 1)

Read more

THE DEBATE

Pardon my whistleblower: Obama commutes Chelsea Manning sentence (part 1)

Read more

THE DEBATE

Pardon my whistleblower: Obama, security and surveillance (part 2)

Read more

FOCUS

CAR citizens reluctantly leave makeshift camp

Read more

ENCORE!

Film show: My French Film Festival, 'Stalin's Couch' and 'Birth of a Nation'

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)