DUBAI / WAM dnata, a global air and travel services provider, has deployed a fleet ...
Read More »China’s ICBC suffers unexpected profit plunge
Bloomberg Industrial & Commercial Bank of China Ltd., the world’s biggest lender by assets, let its bad-loan buffer sink further below a regulatory minimum to avoid reporting a bigger decline in third-quarter profit. ICBC’s bad-loan coverage ratio slumped to 136 percent, compared with a minimum of 150 percent, the bank told Hong Kong’s stock exchange. Net income fell 0.2 ...
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