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ABN Amro bolsters capital as Dutch growth drives profit rise

Bloomberg A gain from selling Asian private-banking assets and an expanding Dutch economy helped ABN Amro Group NV reinforce its capital position and more than double quarterly profit. Net income in the three months through June rose to $1.13 billion from 391 million euros a year earlier, the Amsterdam-based bank said on Wednesday. That beat the 762 million-euro average estimate ...

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United Airlines, Avianca and Delta stop flying to Venezuela

Bloomberg Airlines are continuing to pull out of Venezuela, and this time it’s not just about trapped cash but a whole series of grievances including staff held up at gun point, luggage theft, poor runway maintenance and low quality jet fuel. United Airlines, Avianca and Delta Air Lines have either stopped flying to Venezuela or said they would leave the ...

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Aimia investors’ fate diverges ‘in future’

Bloomberg Aimia Inc. bondholders are betting the loyalty-programme company can ride out the short-term turbulence caused by the loss of its key partner. Shareholders aren’t so sure. The Montreal-based company’s C$250 million ($197 million) of May 2019 bonds have bounced back from their initial drop after Air Canada, the country’s largest airline, said in May that it will withdraw from ...

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