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Danske staff hit by scandal fatigue amid flood of bad news

Bloomberg Staff at Danske Bank face a serious erosion of morale that could hit the lender’s business amid a string of scandals and the prospect of deep job cuts. “The average employee is just tired of all this,” said Kirsten Ebbe Brich, Danske employees’ representative on the bank’s supervisory board. It’s “affecting employee engagement and pride, their sense of connectedness ...

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Europe stocks snap losing streak; dollar advances

Bloomberg European stocks rebounded and US equity futures stabilised following Monday’s declines as tech shares once again led gains. The dollar extended its biggest daily advance in three months. Technology and auto shares including ASM International NV and United Internet AG led increases across European markets. Contracts on the S&P 500 and Nasdaq 100 indexes traded little changed following the ...

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India stocks drop as gloomy outlook damps sentiment

Bloomberg India stocks extended losses as investors reassessed the prospect of further gains amid a gloomy economic outlook. The S&P BSE Sensex lost 0.5% to 37,847.60 as of 10:06 am in Mumbai after its steepest slide in two weeks sent it below the 50-day moving average, signalling to some investors that there’s further losses to come. The NSE Nifty 50 ...

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