Financial News

QBE – The Australian insurer’s near-perfect storm of catastrophe pay-outs isn’t a surprise. The share price plunge then says a lot about investor trust in its management.

Indian airlines – The share price rally due to foreign direct investment looks overblown.

Tesco – The UK supermarket’s problems are more about the company itself rather than the market.

RBS – The state-controlled UK bank is cutting 3,500 investment banking jobs as common sense wins over ambition.