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Tag: warned

Nomura had a ‘stellar financial year’ before it warned of potential $2 billion losses, analyst says

Finance
In this articleVIACPDISCA9888-HK700-HK8604.T-JPCSG.N-CHThe warning by Japanese investment bank Nomura that it could incur billions of dollars in losses at a U.S. subsidiary was "pretty unfortunate," an analyst said on Tuesday.Nomura on Monday flagged a potential $ 2 billion loss resulting from transactions with a client stateside. The bank's shares in Japan plunged following that announcement, declining more than 16% on Monday. Those losses extended into Tuesday, with shares declining 0.66% on the day."It's pretty unfortunate for Nomura," Pramod Shenoi, head of Asia-Pacific financials research at research firm CreditSights, told CNBC's "Street Signs Asia."Shenoi said "$ 2 billion dollars ... is a lot of money and what that does is pretty much wipe out any kind of earnings for the second ...
Brexit: Britons warned to prepare for ‘some disruption’

Brexit: Britons warned to prepare for ‘some disruption’

Business
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Aston Villa captain Jack Grealish warned England place could be at risk by Danny Murphy after latest controversy – ‘If you repeat offend, you won’t play’

Aston Villa captain Jack Grealish warned England place could be at risk by Danny Murphy after latest controversy – ‘If you repeat offend, you won’t play’

Sports
Danny Murphy has warned Aston Villa captain Jack Grealish to behave himself or risk losing his place in the England squad. The 25-year-old was today banned from driving for nine months and fined a total of £82,499 after crashing his Range Rover during March’s coronavirus lockdown. Getty Images - Getty Grealish was in the news for the wrong reasons on Tuesday He also pleaded guilty to a separate offence of careless driving after prosecutors said an unmarked police car spotted him driving at more than 90mph along the M42 at ‘close to an intimidating distance’ on October 18. The early years of Grealish’s career was dominated by front-page headlines, from a picture of him sprawled on a pavement in Tenerife aged 19 to images of the Englishman inhaling ‘la...
250,000 London hospitality jobs on brink, Khan warned

250,000 London hospitality jobs on brink, Khan warned

Business
A quarter of a million hospitality jobs are at risk from additional coronavirus restrictions imposed on London from this weekend, the mayor of London has been warned by an industry chief.Sky News has seen a letter to Sadiq Khan from Kate Nicholls, chief executive of UKHospitality, in which she said that his request for the capital to be moved to a higher risk status would be "incredibly damaging without additional financial support and urge you to work with us to secure that is in place before any changes to London's classification is made". Ms Nicholls' letter was sent on Wednesday, 24 hours before the change was formally announced by the government, with new COVID-19 restrictions in London coming into force this weekend. Image: Sadiq Khan is t...
Coronavirus: UK warned to avoid climate change crisis

Coronavirus: UK warned to avoid climate change crisis

Science
The UK must avoid lurching from the coronavirus crisis into a deeper climate crisis, the government’s advisers have warned. They recommend that ministers ensure funds earmarked for a post-Covid-19 economic recovery go to firms that will reduce carbon emissions.They say the public should work from home if possible; and to walk or cycle.And investment should prioritise broadband over road-building, the Committee on Climate Change (CCC) says. People should also be encouraged to save emissions by continuing to consult GPs online.The government will reply later, although the Energy Secretary Alok Sharma has already spoken in favour of a green recovery to the recession.In a letter to the Prime Minister, the committee says jobless peopl...