Tag #Losses

kathimerini.gr
🌐 85% Global Worthiness
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ECB Reports Record €7.944 Billion Loss in 2024

The European Central Bank reported record losses of €7.944 billion in 2024 due to interest rate increases implemented to combat inflation, resulting in no profit distribution to Eurozone national central banks, with further losses anticipated in coming years.

Progress

20% Bias Score

Reduced Inequality
zeit.de
🌐 85% Global Worthiness
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Boeing Reports \$11.8 Billion Loss in 2024

Boeing reported a \$11.8 billion loss in 2024 due to safety problems, labor strikes, and fixed-price defense contracts; revenue was \$66.5 billion, down 14%.

Progress

36% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Boeing Projects $12 Billion Loss in 2024 Amidst Multiple Crises

Boeing projects a $12 billion loss for 2024 due to a series of crises, including a mid-flight fuselage failure, a strike affecting production, and a 10% workforce reduction; the company anticipates resolving these issues under new leadership.

Progress

48% Bias Score

Decent Work and Economic Growth
nytimes.com
🌐 65% Global Worthiness
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Manchester United's Back-to-Back Losses Highlight Integration Challenges Under New Coach

Manchester United suffered consecutive defeats against Arsenal (2-0) and Nottingham Forest (2-3), dropping to 13th in the Premier League; their new coach, Ruben Amorim, acknowledged the losses, citing integration challenges and defensive errors, focusing on long-term improvement.

Progress

44% Bias Score

elmundo.es
🌐 85% Global Worthiness
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ECB Reports Record €7.944 Billion Loss in 2024

The European Central Bank (ECB) reported a record €7.944 billion loss in 2024 due to rising interest expenses exceeding interest income from assets acquired under previous stimulus programs, exceeding its financial risk reserve and resulting in no profit distribution to national central banks.

Progress

40% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Boeing Posts \$11.8 Billion Annual Loss, Worst Since 2019

Boeing announced a \$3.8 billion net loss in Q4 2024, bringing its total losses to \$11.8 billion for the year, making it the largest losing company in the S&P 500 since 2019, attributed to production issues and a recent strike.

Progress

44% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Los Angeles Wildfires Cause $30 Billion in Insured Losses

Devastating wildfires in Los Angeles have caused an estimated $30 billion in insured losses, exceeding the previous record and disproportionately impacting high-net-worth insurers like Chubb and Cincinnati Financial, who could experience double-digit EPS drops; at least 24 people have died.

Progress

40% Bias Score

Climate Action