Bloomberg Commerzbank AG abandoned its goal for a full-year profit after losses tied to the failure of Wirecard AG added to surging costs for bad loans, underscoring the challenges as the lender seeks to emerge from a leadership crisis. The outlook revision was driven by a single case that cost the bank 175 million euros last quarter, it said in ...

Bloomberg European stocks climbed to a one-week high and US futures rose as investors focused on US-China trade discussions and American lawmakers making progress on an economic aid package. The Stoxx Europe 600 Index posted broad-based gains, with travel companies, commodity producers and retailers leading the charge. Bank of Ireland Group Plc rallied as the lender’s chief executive officer suggested ...

Bloomberg For investors riding a rally in India’s wireless carriers, the best returns are coming from an operator that’s warned it may collapse without help from the government. Although Vodafone Idea Ltd. hasn’t made a profit since 2017 and ended last fiscal year with a record $10 billion loss, its shares have more than doubled in the past three months. ...