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Analysis: Bank earnings on the slide
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Reuters offers trusted enterprise, financial, national, and worldwide information to professionals via Thomson Reuters desktops, the world’s media organizations, and directly to consumers at Reuters.com and by way of Reuters TV. NEW YORK (AP) — Many small firms tied to the housing market are seeing a slowdown in enterprise, one which’s forecast to continue nicely into 2020. Separately, Flipkart Internet, the India unit which runs the corporate’s marketplace enterprise, has recorded a forty% rise in losses to Rs 1,624 crore fuelled by elevated worker expense and advertising for the yr ending March 31, 2019.
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