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Added on the 12/03/2015 16:18:45 - Copyright : Reuters EN
With the ink barely dry on its bailout plan, Italian bank Monte dei Paschi di Siena faces a Herculean task convincing investors to back a third recapitalisation in as many years and avert a banking crisis that would send shockwaves across Europe. David Pollard reports.
After the closing bell the Fed reported that most of the biggest U.S. banks passed the so-called stress tests. Earlier stocks posted a second winning session. Bobbi Rebell reports.
Mexico, Jun 17 (EFE) .- The medical staff of the Juarez Hospital in Mexico City has the difficult task of diagnosing COVID-19 in patients.(CAMERA: Denisse Torres)
"Volvo Cars’ XC40 adds another accolade as it receives five stars and top ratings in its 2018 Euro NCAP tests. This means the XC40 joins its larger siblings in the 60 and 90 series as one of the safest cars on the roads. The 2018 Euro NCAP testing was the toughest ever with new and more demanding challenges on safety technology, including cyclist-detection with auto-brake and emergency lane keeping systems. Overall, the new XC40 received the highest safety score among all cars tested under the new regime.“The new XC40 is one of the safest cars on the market,” said Malin Ekholm, head of Volvo Cars Safety Centre. “It comes standard with the largest offering of safety technology of any small SUVs, helping drivers detect and avoid collisions, remain safely in their lane and reduce the impact of accidentally running off the road.” All tested Volvo cars on sale today have received five stars in their respective Euro NCAP assessments. Last year, the XC60 was crowned the overall best-performing large off-roader and the best overall performer in the prestigious Euro NCAP 2017 Best in Class safety awards. The XC90 received the same accolade in 2015. In March, the XC40 was named 2018 European Car of the Year, the first Volvo to win the prestigious award, and it has since been one of Volvo’s top sellers. The company announced in May that it would expand production in its manufacturing facilities in both Europe and China to meet the overwhelming demand for the car."
European banks have started reporting third quarter results amid a low interest rate environment and the threat of Brexit. As Laura Frykberg reports, Lloyds Banking Group has surprised many while Spain's Santander had to rely on Brazil to make up for weakness at home.
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