Open

Coming up

Don't miss

Replay


LATEST SHOWS

AFRICA NEWS

Frenchman kidnapped in Algeria: 'IS'-linked jihadists claim abduction of 55 year-old tourist

Read more

DEBATE

What's the deal with Turkey? (part 2)

Read more

MEDIAWATCH

The Sarkozy soap opera

Read more

DEBATE

What's the deal with Turkey?

Read more

LIFESTYLES

New road trip

Read more

LIFESTYLES

High-tech in France

Read more

DOWN TO EARTH

Global warming: A drowning planet

Read more

THE BUSINESS INTERVIEW

Christian Kastrop, Director of Policy Studies, OECD

Read more

MEDIAWATCH

Sarkozy's political comeback: Did he ever leave?

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)