Archive for the February 19, 2018
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Banks in the United Arab Emirates are hopeful of recovering some funds in 2018 from the multibillion-dollar collapse of Saudi Arabia's Saad Group and Ahmad Hamad al-Gosaibi & Bros Co (AHAB) nearly a decade ago,
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Riyad Bank, Saudi Arabia's fourth-largest lender by assets, posted a huge rise in fourth-quarter net profit on Tuesday, beating analysts' forecasts, boosted by an easing of impairment charges for credit losses. The bank made 974
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Riyad Bank, Saudi Arabia's fourth-largest lender by assets, posted a huge rise in fourth-quarter net profit on Tuesday, beating analysts' forecasts, boosted by an easing of impairment charges for credit losses. The bank made 974
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UAE telecoms company Etisalat on Wednesday reported a 12 percent fall in fourth-quarter profit, according to Reuters calculations. Etisalat, which directly and indirectly operates in countries across the Middle East, Africa and Asia, made a
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UAE telecoms company Etisalat on Wednesday reported a 12 percent fall in fourth-quarter profit, according to Reuters calculations. Etisalat, which directly and indirectly operates in countries across the Middle East, Africa and Asia, made a
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Germany's Allianz is considering whether to stop insuring new coal power plants but told environmental campaigners it would stay in the business for now. The 22 percent slide in fourth-quarter earnings reported by the insurer
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Amazon.com Inc is cutting hundreds of jobs in its consumer business in Seattle, a person familiar with the matter said on Monday, as the company shifts resources into fast-growing areas like its work on voice
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Singapore Airlines posted a 62 percent jump in quarterly profit, its best third-quarter earnings in seven years, but forecast challenging market conditions due to rising fuel prices and aggressive competition from rivals. The carrier, a
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Singapore Airlines posted a 62 percent jump in quarterly profit, its best third-quarter earnings in seven years, but forecast challenging market conditions due to rising fuel prices and aggressive competition from rivals. The carrier, a
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Britain's two biggest banks have set targets for ethnic minority representation in top roles after criticism of some of the country's largest companies for being opaque about diversity. Lloyds Banking Group said its targets marked
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