Sports retailer and gym group DW Sports has said it is to tumble into administration, with 1,700 employees at risk. The company was expected to appoint insolvency specialists after its…
Tag: swings
British bank NatWest swings to a 2nd-quarter loss of $1.7 billion as income tumbles and impairment charges soar
© RBS RBS NatWest posted sharply lower profits last quarter as less income and a hefty impairment charge weighed on its business. The British bank’s total income tumbled 34% year-on-year…