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Big companies donate millions to help refugees in Europe

World’s biggest corporations are reaching out to assist Europe in coping with the large number of asylum seekers from Iraq, Syria and Afghanistan. Google, Goldman Sachs and Volkswagen’s Audi subsidiary have all announced to hand over millions of dollars to

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15 major banks downgraded by Moody’s

Credit ratings agency Moody’s has downgraded 15 global banks and financial institutions. Moody’s based their decision on the bank’s exposure to volatility in the world’s financial markets and risk of outsized losses. According to John Raymond the senior banking analyst

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Goldman Sachs profits decline but beat expectations

US bank Goldman Sachs has said its profits fell 23% in its last quarter, but still beat analyst expectations. Net income fell to $2.1bn (£1.3bn) in the first three months of the year, from $2.7bn in the same period last

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